That is what we discovered on Wikipedia concerning the North Melbourne:

North Melbourne is an inner-city suburb in Melbourne, Victoria, Australia, 3 km (1.9 mi) north-west of Melbourne's Central Business District, located within the City of Melbourne local government area. North Melbourne recorded a population of 14,953 at the 2021 census.

North Melbourne is bounded by the CityLink freeway to the west, Victoria Street to the south, O'Connell and Peel Streets to the east and Flemington Road to the north. Since July 2008 its local government area has been the City of Melbourne, when it took over the administration of parts of Kensington and North Melbourne that were previously under the City of Moonee Valley, resulting in an increase of approximately 4760 residents and almost 3000 workers (2006 Census).

Formerly known as Hotham, it was essentially a working class area, with some middle class pockets, and was one of the first towns in Victoria to be granted Municipal status.

Today it continues to undergo gentrification, noted for its Victorian architecture, cosmopolitan demographic, commercial and older industrial areas.