Fitzroy North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Fitzroy North
VICCensus 2021 · Population 12,800
Fitzroy North is a vibrant suburb with a population of 12,800 and a median age of 36, slightly younger than the Victorian median of 38. The suburb has a higher proportion of females (53.5%) compared to males (46.5%). It is characterized by a significant number of couples without children (49.9%) and single-person households (34.4%). The area is known for its high level of education, with 59.4% of residents holding a bachelor's degree or higher, which is notably above the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 59.4% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,300 weekly (vs VIC $1,759)
- Significant professional workforce - 49.1% employed in professional roles
- High work-from-home rate - 48.5% (vs VIC 25.7%)
- Renter-heavy housing market - 48.6% of properties rented (vs VIC 28.5%)
Things to Consider
- High rental market may limit ownership opportunities
- Higher median weekly rent of $481 could impact affordability
- Limited separate houses - only 14.3% compared to VIC 73.4%
- Lower percentage of residents with no health conditions (58.1% vs VIC 61.0%)
- Potential for congestion with high population density
What's it like living here?
Daily life in Fitzroy North is marked by a strong professional presence, with 49.1% of the workforce employed as professionals. The suburb has a high work-from-home rate of 48.5%, significantly above the Victorian average of 25.7%. Commuting is less car-dependent, with only 20.1% driving to work, while public transport usage is at 6.5%. The community has a diverse cultural background, with 71.1% born in Australia and a variety of languages spoken at home.