City of Yarra

Abbotsford - 3067
City of Yarra
Location from CBD:  2kms east

Once a highly industrial suburb, Abbotsford has recently seen a number of residential redevelopments, including along the Yarra River. Much of the suburb is made up of narrow one way streets but is surrounded by some of Melbourne’s main thoroughfares including Hoddle Street and Nicholson Street. There are few detached houses in Abbottsford with over 60% of all dwellings apartments, units or terrace housing. Of the detached homes, many are subject to Heritage protection. Studley Park is the main public space in Abbottsford and is located along the Yarra River. It includes a golf course, sports ground and small areas of natural bushland. It is also home to Dights Falls, a popular place for kayakers and picnics. Abbottsford is well serviced by public transport with two train stations, tram routes and the Yarra River bike trail also runs through the suburb.
Surrounding Suburbs: Fairfield, Richmond, Kew, Clifton Hill, Collingwood, Hawthorn
Median House Price: $571,000
Median Unit Price: $392,000
Population: 4,237

Alphington – 3078
City of Yarra and City of Darebin
Location from CBD: 8kms north east

Alphington is a quiet residential suburb with over 63% of all dwellings detached homes. There is a mixture of brick veneer and period weatherboard homes along with modern townhouses. Alphington boasts an abundance of green open space including the Darebin Parklands, Alphington Park and revegetated wetlands. The suburb is also home to the Latrobe Golf Club and the Yarra River runs along its border. There are no trams to the suburb however it is well serviced by rail and bus lines. Alphington is a popular suburb among families with children due to the multiple parklands and close proximity to schools.

Surrounding Suburbs: Ivanhoe, Kew, Kew East, Thornbury
Median House Price: $781,000
Median Unit Price: $300,000
Population: 4,483

Burnley – 3121
City of Yarra
Location from CBD: 4kms east

Burnley is a small residential suburb and is considered part of the Richmond area. The suburb has a large number of small dwellings located on narrow streets. Over 40% of all properties are flats, units or apartments and the suburb is popular among couples without children. There are three major parks within Burnley along with the Burnley campus of the University of Melbourne. It is well serviced by public transport with a train station and trams along Swan Street.

Surrounding Suburbs: Hawthorn, South Yarra, Toorak, Richmond
Median House Price: $640,750
Median Unit Price: $289,000
Population: 708

Carlton North – 3054
City of Yarra and City of Melbourne
Location from CBD: 4kms north

Carlton North has a more of a village feel and is quieter than its neighbouring Carlton making it an attractive suburb for professional couples in their 30s. Many students and artists also live in Carlton North. The main shopping area is along Rathdowne Street which is known for its cafes, restaurants, small fashion boutiques and bookshops. While there is no train station in the suburb, it is well serviced by multiple tram and bus routes and a number of bike trails including the Capital City Trail. Carlton North’s main recreational and public park is the famous Princes Park. It includes Australian Rules football ovals, a Lawn Bowls club and is a popular place for residents to exercise and take their dogs. Carlton North is made up of over 80% of semi-detached, terraces houses and flats, units and apartments.

Surrounding Suburbs: Brunswick, Brunswick East, Carlton, Fitzroy, Fitzroy North, Parkville
Median House Price: $731,000
Median Unit Price: $417,000
Population: 8,308

Clifton Hill – 3068
City of Yarra
Location from CBD: 4kms north east

Clifton Hill has a village feel to it and the dwelling types vary between Victorian and Edwardian detached houses to flats and apartment. Several major roads cut through the suburb, including Hoddle Street, however in the backstreets expect smaller tree lined streets and narrow alleys. There are a number of parks and gardens including the popular Darling Gardens with its walking paths, boathouse, bike track and abundance of Australian bushland. The main shopping area is on Queens Parade and consists of Victorian era shopfronts, fresh produce shops and delis. A train station and tram routes service the suburb and almost 50% of all dwellings are of a semi-detached nature.

Surrounding Suburbs: Abbotsford, Collingwood, Fairfield, Fitzroy, Northcote Fitzroy North
Median House Price: $635,000
Median Unit Price: $430,500
Population: 5386

Collingwood – 3066
City of Yarra
Location from CBD: 3kms north east

As one of Melbourne’s oldest suburbs, Collingwood is noted for its historical buildings. Many of its 19th Century homes, shops and factories are still in use however in recent times residential developments have seen old warehouses converted into flats and apartment buildings. The suburb is bordered by major thoroughfares such as Alexandra Parade and Hoddle Street, however like its neighbouring suburbs, there are many small one way streets and back alleys. Collingwood is famous for its vast number of Victorian cottages, warehouses and several public housing buildings. The main shopping area is Smith Street which has a diverse range of multicultural delights and factory outlets. A train station and tram routes service the suburb and almost 50% of all residents are couples without children.

Surrounding Suburbs: Abbotsford, Clifton Hill, East Melbourne, Fitzroy, Fitzroy North, Richmond
Median House Price: $570,000
Median Unit Price: $418,000
Population: 5,494

Fitzroy – 3065
City of Yarra
Location from CBD: 2kms north east

Fitzroy was Melbourne's first official suburb and as such is characterised by a tightly-spaced rectangular grid of medium-sized and narrow streets with numerous back lanes. Many individual dwellings in Fitzroy have a heritage listing and almost the entire suburb is subject to heritage protection under the City of Yarra Planning Scheme. Dwellings in Fitzroy range from beautiful examples of Victorian homes to workers cottages, terrace houses, corner shops, pubs and warehouses. These are all intertwined with urban infill projects of flats and apartments. With easy walking distance to the city and tram routes throughout, the suburb is a popular place to visit and live. This is also due to its main commercial strip, Brunswick Street, which boasts cafes, restaurants, record stores, second hand shops, lounge bars and alternative clothing stores. Fitzroy has two designated Major Activity Centres in the Melbourne 2030 Metropolitan Strategy – Brunswick Street and Smith Street. No railways stations are located in Fitzroy with trams instead servicing the suburb well.

Surrounding Suburbs: Carlton, Carlton North, Clifton Hill, Collingwood, East Melbourne, Fitzroy North
Median House Price: $715,000
Median Unit Price: $493,750
Population: 9,007

Fitzroy North – 3068
City of Yarra
Location from CBD: 4 kms north east
Fitzroy North is one of Melbourne’s most expensive and exclusive suburbs and boasts beautiful single and double storey Victorian and Edwardian semi-attached and detached period homes. Many parts of the suburb are protected by heritage controls which have allowed it to keep its character and keep it free of industrial or commercial development. It is a quiet suburb with wider and leafier streets than neighbouring Fitzroy, making Fitzroy North popular among the over 40s age group. Within Fitzroy North there are also many prime examples of one and two storey terrace homes. Within the last 15 years however, Fitzroy North has seen an influx of apartment complexes. Edinburgh Gardens is the largest public open space within the suburb and is a popular recreation area for residents. The Capital City bike trail also runs throughout the suburb. There is no train station within Fitzroy North however trams running along St Georges Road and Nicholson Street services residents well.
Surrounding Suburbs: Brunswick East, Carlton North, Collingwood, Fitzroy, Northcote
Median House Price: $715,000
Median Unit Price: $450,000
Population: 11,069

Richmond – 3121
City of Yarra
Location from CBD: 2kms south east

Richmond is one of Melbourne’s most popular suburbs to live and visit. With an abundance of shopping, restaurants and its live music scene, there is something for everyone in this busy suburb. Between its three main shopping strips, Bridge Road, Victoria Street and Swan Street, there is an eclectic collection of multicultural shopping, dining and bargains to be had. Each of these shopping strips are designated Major Activity Centres in the Melbourne 2030 Metropolitan Strategy. A large amount of public housing still exists in Richmond however there are many prime examples of Victorian cottages, converted warehouses and modern apartment buildings. The streets vary from small lanes to wide leafy streets which house refurbished period homes. It could be said that Richmond has some of the best examples within Melbourne of residential architecture from most eras. However, over 60% of all dwellings are semi-detached, terraces houses or flats, units and apartment. Its close proximity to Melbourne’s CBD makes Richmond a popular place for residents looking for an exciting lifestyle and professionals alike. Public transport is in abundance within Richmond with five train stations and seven tram lines. In some parts of Richmond there are bike paths along the Yarra River. In the outer parts of the suburb there are parks and gardens, with the largest being Citizens Park which encompasses Richmond Oval.

Surrounding Suburbs: Abbotsford, Collingwood, East Melbourne, Hawthorn, Kew, Melbourne, South Yarra
Median House Price: $637,000
Median Unit Price: $395,000
Population: 24,112

Sources:

Australian Bureau of Statistics
City of Yarra
City of Melbourne
City of Darebin
Domain.com.au
Real Estate View