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AREA REPORTS

Fitzroy

Suburb Profile

Fitzroy - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3065

house
unit

Property investors enjoyed capital gains of 0.56% over the last 12 months in FITZROY, translating to lower returns compared with its peers in VIC.

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 2.68% increase in returns based on the current median price in FITZROY.

FITZROY, 3065 ranks 398th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 510th on the list of best yielding suburbs for rental properties in VIC, posting a 2.68% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,357,500 $765,000
GROWTH REPORT
Median Quarterly 2.84% 6.47%
Median 12 month 0.56% 7.37%
Median 3 years -4.4% 15.04%
Median 5 years 46.12% 25.41%
10 years average annual 6.19% 3.45%
Weekly media advert. rent $700 $550
Time on Market 47.4 days 35.6 days
Gross Rental Yield Percent 2.68% 3.74%
demographics (median values)
Total Population
8812
Weekly Household Income
1123
Household Size
2.10
demographics
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Age group
Top 10 Birth Countries
Dwelling Structures
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Household Income
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Tenure Type

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