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Fitzroy
AREA REPORTS

Fitzroy

Fitzroy - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3065

house
unit

Figures from the previous quarter show that capital gains for real estate buyers in FITZROY are low, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

On average, rents on listings have reached the $700 mark, reflecting a 2.56% increase in returns based on the current median price in FITZROY.

FITZROY, 3065 ranks 719th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 395th on the list of best yielding suburbs for rental properties in VIC, posting a 2.56% return.

Data report can be found below

Fitzroy
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,420,000 $780,000
GROWTH REPORT
Median Quarterly -2.07% 1.3%
Median 12 month -2.07% 0.52%
Median 3 years -3.73% 14.04%
Median 5 years 9.1% 14.54%
10 years average annual 5.55% 2.89%
Weekly media advert. rent $700 $490
Time on Market 46.3 days 78.6 days
Gross Rental Yield Percent 2.56% 3.27%
demographics (median values)*
Total Population
10445
Weekly Household Income
1715
Household Size
2.10
Age
33
Monthly Loan Repayment
2286
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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