Suburb Profile Report for Fitzroy North VIC (3068)

Fitzroy North House: Median price $1,388,000, Annual capital growth 9.68%, Number of sales 117, Weekly median advertised rent $635

Fitzroy North Unit: Median price $647,500, Annual capital growth 5.34%, Number of sales 81, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 889th in the list of Australian suburbs ordered by increase in median house value over the last year, Fitzroy North, 3068 is in the top 30% with a property value increase of 13.51% recorded in median house prices.

Fitzroy North,3068 was ranked 1301 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Fitzroy North, 3068. Typically our figures indicate that -5.21% is being offered, which puts this VIC suburb at 2237th most discounted overall in Australia.

Fitzroy North is 512th on a list of best yielding suburbs for rents in VIC with a 2.38% return

Fitzroy North, 3068 ranked 69th in VIC when comparing growth in median property values or capital gain over the last 12 months. Fitzroy North is one of 2098 in our list for VIC

Fitzroy North,3068 was ranked 256 in Australia by increase in median property value over the quarter.

Fitzroy North3068 is located in VIC which offers an average discount of -4.95% to property investors. Fitzroy North itself is showing figures that indicate -3.77% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$1,388,000 $647,500
3.39% 5.89%
13.51% 13.50%
9.68% 5.34%
$635 $420
117 81
2.38% 3.37%
31.64 61.48

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11473
Median household income ($/weekly) 1699
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 868 7.6
    25-34 years 2859 24.9
    35-44 years 2011 17.5
    45-54 years 1403 12.2
    55-64 years 1113 9.7
    Others 3219 28.1
    Age Group
    Census Count Percent(%)
    Not Married 4585 51.1
    Registered Married 2820 31.5
    Defacto Relationship 1560 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 7788 72.3
    Japan 372 3.5
    Papua New Guinea 371 3.4
    United Kingdom 598 5.6
    Other 449 4.2
    Others 1194 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 263 2.6
    Christianity 4289 42.1
    Islam 156 1.5
    Other Religious Groups 76 0.7
    No Religion 5290 51.9
    Others 111 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 498 11.5
    $2,000-$2,499 404 9.3
    $2,500-$2,999 548 12.6
    $3,000-$3,499 346 8.0
    $4,000 or more 370 8.5
    Others 2174 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4344 46.3
    Not in the labour force 2484 26.5
    Employed, worked part-time 1922 20.5
    Employed, away from work 344 3.7
    Unemployed, looking for work 286 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 963 14.6
    Professionals 3044 46.0
    Technicians & trades workers 468 7.1
    Community & personal service workers 545 8.2
    Clerical & administrative workers 782 11.8
    Others 809 12.2
    Occupation
    Census Count Percent(%)
    Pre-school 168 6.6
    Infants/Primary 583 22.8
    Secondary 406 15.9
    Technical or Further Educational Institution 241 9.4
    University or other Tertiary Institutions 1050 41.1
    Others 105 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 5427 51.2
    Separate house 3046 28.7
    Flat, unit or apartment 2061 19.4
    House or flat attached to a shop, office 72 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2338 49.9
    Being purchased 1159 24.8
    Fully owned 1127 24.1
    Other tenure type 58 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals