FITZROY NORTH
Investor score
55
Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.
Median price
$1,605,000
VIC Gov · 2025
Rent yield
2.2%
computed from govt data
Annual growth
0.2%
annualised from govt data
Vacancy rate
2.2%
modelled estimate
AI insights for FITZROY NORTH
Investment analysis, risks & comparisons
FITZROY NORTH shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$674/wk
DFFH Moving Annual Rent · Sep 2025
Demand change
+1.9%
annual shift
Yield × growth index
1.2
combined signal
Net yield (est.)
1.90%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+0.1%
est. compound, long-run avg
10-yr growth (CAGR)
+5.8%
est. compound, long-run avg
Rental demand
49 / 100
Moderate demand
Supply pipeline
Est.4.4%
new dwellings approved / stock · Modelled estimate
High supply risk
5-year price history
Source: VIC Gov · 2025 · all sources
Market overview
FITZROY NORTH is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro VIC suburb with strong infrastructure and transport
- Rental yield 2.2% with stable tenant demand
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Below-average growth — limited capital appreciation signal
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$2,406/wk
$75k taxable p.a.
Renters
45.6%
51.5% owner-occupier
Median age
36.0 yrs
Unemployment
2.2%
Population growth
+1.7% p.a.
Investor-owned
17.0%
of all dwellings (ATO)
Houses
36%
59% apartments
Degree qualified
47.2%
bachelor's or higher (ABS)
Work from home
34.2%
of employed residents (ABS Census)
Median lot size
220 m²
Compact block
Household size
2.5 persons
avg per dwelling (ABS Census)
Short-term rental
11.2%
Active STR market
Market activity
Distance to CBD
3.2 km
Inner city
Days on market
25 days
Fast-moving market
Auction clearance
65.3%
Strong demand
Walkability
94 / 100
Walker's paradise
Coastal proximity
5.2 km
Near coast
NBN technology
FTTPFastest — full fibre to premises
Population density
7,690/km²
Very dense urban
Schools in postcode 3068
🏫Primary (6)
Fitzroy Community School
Independent · Yrs Prep-6
Clifton Hill Primary School
Government · Yrs Prep-6
Deutsche Schule Melbourne
Independent · Yrs Prep-6
Merri Creek Primary School
Government · Yrs Prep-6
Spensley Street Primary School
Government · Yrs Prep-6
Fitzroy North Primary School
Government · Yrs Prep-6
🎓Secondary (1)
Fitzroy High School
Government · Yrs 7-12
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
Safety index
Safe5.4 offences / 100 persons
Source: VIC Crime Statistics Agency · Dec 2025
School quality
Top tier7 schools in postcode area
Source: ACARA My School 2025
Transit access
ExcellentSource: State GTFS feeds
Gentrification signal
45
/ 100
Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
Properties in FITZROY NORTH
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