At number 644th in the list of Australian suburbs ordered by increase in median house value over the last year, Fitzroy North, 3068 is in the top 20% with a property value increase of 15.08% recorded in median house prices.
Across a shorter period, Fitzroy North, 3068 has seen a median price increase of 7.97% over the last quarter.
The most recent median price for Fitzroy North is $1381000, with sellers offering an average of -6.02% off the asking price.
With the median price for a house in Fitzroy North being $1381000 and the advertised rent reaching $630 the gross rental yield for property investors calculates out to be 2.37%
Giving property investors a a stable capital gain of 9.35% for the last year, Fitzroy North, 3068 is the 439th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fitzroy North has increased when compared to the 5 year average annual rate.
Fitzroy North, 3068 is offering VIC ‘s 224th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
With the median price for a house in Fitzroy North being $625500 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.49%