VIC/
Fitzroy north

Suburb Profile

Fitzroy North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3068

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 51.2% capital gain.

Property investors in FITZROY NORTH enjoyed capital gains of 8% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,512,000.

Profits due to an upward trend in home prices there averaged 17.07% per annum over a 3-year period.

Home owners selling their properties and realtors in FITZROY NORTH usually have to wait an average of 47.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 2.24% increase in returns based on the current median price in FITZROY NORTH.

FITZROY NORTH, 3068 places 402nd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,512,000 $591,000
GROWTH REPORT
Median Quarterly 1.14% -1.01%
Median 12 month 8% -8.37%
Median 3 years 51.2% 2.78%
Median 5 years 77.88% 9.04%
10 years average annual 8.11% 3.34%
Weekly media advert. rent $650 $465
Time on Market 47.4 days 67.2 days
Gross Rental Yield Percent 2.24% 4.09%
demographics (median values)
Total Population
11068
Weekly Household Income
1176
Household Size
2.20
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Capital Gains Tax (CGT) Calculator

Fitzroy North, VIC
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