ABS 2021 Census ยท Updated 31 March 2026
Fitzroy is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 10,431, making it a smaller community. Located 2 km from the Melbourne CBD, Fitzroy is a middle ring area in Victoria. The median household income is $114,088 AUD per year (ABS 2021 Census).
Above-average earnings in Fitzroy support sustained property values. The short commute to the city centre is a key demand driver.
Map shows Fitzroy, Victoria, Australia.
Official Australia Post postcode for Fitzroy. A postcode may cover multiple suburbs.
Australia Post Postcode Finder โUsual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data โWeekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority โAnnual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data โStraight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 3 schools within or near this suburb based on ABS 2021 data.
Find schools near Fitzroy on My School โEstimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data โProportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data โFitzroy's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ making them attractive to families and long-term tenants. The median rent of $451/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. A median household income of $114,088/year supports premium property values and indicates a well-employed resident base. With only 3% separate houses, Fitzroy has a significant apartment and unit market โ typical of inner-city investment corridors.
Solid fundamentals in Fitzroy support capital growth over a medium to long hold period.
Strong tenant demand in Fitzroy underpins consistent rental income and low vacancy risk.
Fitzroy's established market and growing population make it a viable location for value-add renovations.
Run the numbers on a Fitzroy property
Scenario comparison, cash flow analysis, tax modelling, and PDF export โ all in one place.
Create free account โThe outlook for capital growth in Fitzroy is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Fitzroy should see steady occupancy, with moderate upward pressure on rents. Fitzroy remains on the radar of active property investors in Victoria.
Fitzroy is a middle ring area in Victoria with a population of 10,431. The median rent is $451/week and the median household income is $114,088/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Fitzroy include established amenities and transport access. 3% of dwellings are separate houses. The area has approximately 3 schools and 4 parks nearby.
According to the ABS 2021 Census, Fitzroy has a population of approximately 10,431. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Fitzroy is approximately 2 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.