Fitzroy North snapshot
- Median price: $979,311
- Median weekly rent: $880/wk
- Population: 12,781
- Days on market: 44 days
How Fitzroy North stacks up
- Rental Yield: High
- Capital Growth: Soft
- Vacancy: Low
About Fitzroy North
Fitzroy North, located in Victoria, presents an appealing opportunity for property investors. With a median price of $979,311, the suburb's real estate market is characterised by a soft capital growth band, indicating potential for future appreciation as the area develops and demand increases.
The rental market in Fitzroy North is robust, highlighted by a median weekly rent of $880 and a low rental vacancy band. This suggests that properties in the area are in high demand, ensuring a steady income stream for investors. Additionally, the suburb boasts a high rental yield band, making it an attractive option for those looking to maximise their investment returns.
Frequently asked questions
What is the population of Fitzroy North?
The population of Fitzroy North is 12,781.
How long do properties typically stay on the market?
Properties in Fitzroy North typically stay on the market for around 44 days.
What is the rental yield like in Fitzroy North?
Fitzroy North has a high rental yield band, indicating strong rental returns.
How does the capital growth trend look for this suburb?
The capital growth in Fitzroy North is currently in a soft band.
What is the rental vacancy rate in Fitzroy North?
The rental vacancy in Fitzroy North is low, suggesting strong demand for rental properties.