Located in Victoria within the Darebin local government area, Northcote is a sizeable suburb (postcode 3070). With a population of 25,276, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $119K per year, with an average household size of 2.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Northcote has a median house price of $1.4 million, which has fallen sharply by 9.4% year-on-year. Units have a median price of $597,000 (-6.2% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,400.
Northcote is served by 6 schools, including 3 primary, 2 secondary, 1 special. The average ICSEA score is 1125, which is well above the national average of 1,000. Public transport access includes 11 rail stations, 97 bus stops. The crime rate in the Darebin LGA is higher than average at 10,255 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.3% (low yield). Property prices are above the state median ($1.4M/$850K), placing it in the premium segment. The price-to-income ratio of 12.2x is considered stretched. House prices have moved -9.4% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.