Fitzroy North has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of -4.48% to date .
Fitzroy North,3068 was ranked 937 in Australia by increase in median property value over the quarter.
Fitzroy North, 3068 is offering VIC ‘s 343th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
In the last year 103 properties changed hands in Fitzroy North, which puts it as the 203th most active market in VIC when comparing the number of sales per suburb.
Fitzroy North is 539th on a list of best yielding suburbs for rents in VIC with a 2.63% return
At number 436th 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 2.71% recorded in median house prices.
Across a shorter period, Fitzroy North, 3068 has seen a median price increase of 3.52% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Fitzroy North is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $24960 per annum or $480 every week.