Interesting discussion on the changing nature of the Northcote road. I grew up just off the Northcote road in the 70's and it was an eclectic mix of all manner of folks, from teachers, actors, first generation immigrants, nurses, bankers, artists, all sorts really. I'm sure all this changed with the advent of Ofsted inspections in the 90's and people wanted to get their children into excellent schools, so this pushed house prices up as those that could moved into catchment areas for schools. That's when the area changed again and many more affluent families moved in, nothing wrong there but there wasn't the diverse mix any more gone were the barrow boys on the market stalls rubbing shoulders with the city worker.
I think what I'm trying to say without getting too nostalgic is that things change all the time, the Northcote will survive, it always has due to locals supporting as much as they can. It was great back in the day and great in the early 2000's up until recently.
Southside offers much more for the families that have stayed in the area and now have teenagers, as was mentioned younger families simply can't afford the house prices and have moved out, so not as many buggies on the Northcote....maybe they should install a winter luge on Belleville road, that would draw the crowds and annoy the SUV brigade