Fitzroy has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.14% to date .
Taking the average capital gain, or increase in median house value, Fitzroy,3065 has racked up an average of -5.14% over the period. This ranks it number 141th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Fitzroy is giving property investors an average Vendor Discount of around -4.43%. This puts suburb at number 397th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $35100 per annum or $675 every week.
With a capital gain of -4.90% for the last 12 months, Fitzroy, 3065 has performed for property investments than its average annual 3.03% property growth over the last 5 years.
Fitzroy,3065 was ranked 1495 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Fitzroy are currently offering property investors an average price cut of -4.40% below the asking price at the moment.