Yarra · 3065
Fitzroy, VIC
incomes +21.0% (5y), population +7.8% (5y).
NextSuburb scoreTier C
46Average
Median house
$1.49M
5y growth
5.2%/yr
Gross yield
1.6%
Vacancy
1.8%
Stable but fully pricedHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.2%/yr52/100
- Population growth+7.8% (5y)78/100
- Supply tightening-4.0% YoY70/100
- Rental yield1.6%31/100
- Rental demand1.8% vacancy55/100
- Income growth+21.0% (5y)84/100
- Construction pipelineno nearby pipeline0/100
- Affordability1% under cap1/100
Why this score
Fitzroy scores 46/100 (Average). The two strongest signals: 21.0% income growth and 7.8% population growth over five years. The standout watch-out: the median is 99% of a typical budget.
Drivers
- Income growth+21.0% (5y)
- Population growth+7.8% (5y)
- Supply tightening-4.0% YoY
Risks
- At top of budget (99% of cap)
- Thin gross yield (1.6%)
Nearest infrastructure
Metro Tunnel — Parkville Station2.4 km away
Recently completed · $13.5bn · completion 2025
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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