Fitzroy North

Population growth drivers in Fitzroy North are above average based on AreaSearch's ranking of recent, and medium to long-term trends

As of Feb 2026, the estimated population of the suburb of Fitzroy North is around 13,762. This reflects a growth of 981 people since the 2021 Census, which recorded a population of 12,781. The current resident population estimate of 13,722 by AreaSearch, based on their examination of the latest ERP data release by the ABS (June 2024) and an additional 254 validated new addresses since the Census date, indicates a population density ratio of 5,549 persons per square kilometer. This places Fitzroy North in the top 10% of national locations assessed by AreaSearch, highlighting its high demand for land. The suburb's 7.7% growth since census is within 2.2 percentage points of the national average (9.9%), demonstrating competitive growth fundamentals. Overseas migration contributed approximately 92.0% of overall population gains during recent periods in Fitzroy North.

AreaSearch's projections are based on ABS/Geoscience Australia data released in 2024, using 2022 as the base year for each SA2 area. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the suburb is expected to increase by 4,379 persons based on aggregated SA2-level projections, reflecting a total increase of 31.5% over the 17 years.

AreaSearch assessment of residential approval activity sees Fitzroy North among the top 30% of areas assessed nationwide

AreaSearch analysis indicates Fitzroy North averaged approximately 115 new dwelling approvals annually. Between financial years FY-21 and FY-25, around 576 homes were approved, with an additional 41 approved in FY-26 to date. On average, 0.3 people per year moved to the area for each dwelling built over these five years, suggesting supply meets or exceeds demand.

The average construction value of new properties is $512,000, indicating a focus on the premium market. In FY-26, commercial approvals totalled $76.7 million, reflecting robust local business investment. Compared to Greater Melbourne, Fitzroy North has seen 20.0% more development per person over the past five years, maintaining good buyer choice and supporting property values. Recent construction comprises 3.0% detached dwellings and 97.0% townhouses or apartments, appealing to downsizers, investors, and entry-level buyers.

The area has approximately 79 people per dwelling approval, indicating an expanding market. According to AreaSearch's latest quarterly estimate, Fitzroy North is projected to grow by 4,339 residents by 2041. Building activity is keeping pace with growth projections, though increased competition may arise as the population grows.

Fitzroy North has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 33 projects that could impact the area. Notable ones include Liverpool St, Queens Parade Service Lane Upgrade, Piedimonte Supermarket Redevelopment, and YarraBend - Paperworks Building, as detailed below for relevance.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Fitzroy North remain below the national average according to AreaSearch analysis

Fitzroy North has a highly educated workforce. The technology sector is notably represented. Its unemployment rate was 5.6% in the past year.

Employment growth was estimated at 4.6%. As of September 2025, 8,823 residents were employed. The unemployment rate was 0.9% higher than Greater Melbourne's rate of 4.7%. Workforce participation was 76.3%, compared to Greater Melbourne's 71.0%.

According to Census responses, 54.9% of residents worked from home. Dominant employment sectors were professional & technical, health care & social assistance, and education & training. The area showed strong specialization in professional & technical services with an employment share of 2.0 times the regional level. Construction had limited presence at 4.1%, compared to the regional average of 9.7%. Employment opportunities locally appeared limited based on Census data comparing working population to resident population. Over the 12 months to September 2025, employment increased by 4.6% and labour force by 4.8%, causing unemployment to rise by 0.2 percentage points in Fitzroy North. In Greater Melbourne, employment rose by 3.0%, labour force grew by 3.3%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Fitzroy North. Over five years, national employment is forecast to expand by 6.6%. Over ten years, it is projected to increase by 13.7%. Applying these projections to Fitzroy North's employment mix suggests local employment should increase by 7.5% over five years and 15.0% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Fitzroy North's median income is $71,021 and average income is $107,638. This compares to Greater Melbourne's median income of $57,688 and average income of $75,164. By September 2025, estimated incomes are approximately $76,880 (median) and $116,518 (average), based on Wage Price Index growth of 8.25%. Census data indicates Fitzroy North's household, family, and personal incomes rank between the 83rd and 93rd percentiles nationally. Income brackets show 28.0% of residents earn $1,500 - 2,999 weekly (3,853 people), with 38.9% earning above $3,000 weekly. High housing costs consume 16.3% of income, but strong earnings place disposable income at the 81st percentile. The area's SEIFA income ranking is in the 9th decile.

Fitzroy North displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Fitzroy North's dwelling structure, as per the latest Census, had 14.3% houses and 85.6% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Fitzroy North was at 26.5%, with mortgaged dwellings at 23.0% and rented ones at 50.5%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,000. Median weekly rent in Fitzroy North was $481, compared to Melbourne metro's $390. Nationally, Fitzroy North's mortgage repayments were significantly higher at $2,500 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

Fitzroy North features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households constitute 53.4% of all households, including 19.4% composed of couples with children, 26.7% consisting of couples without children, and 6.3% made up of single parent families. Non-family households account for the remaining 46.6%, with lone person households at 34.4% and group households comprising 12.2%. The median household size is 2.2 people, which is smaller than the Greater Melbourne average of 2.6.

Fitzroy North shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Fitzroy North has a notably high level of educational attainment among its residents aged 15 and above, with 64.2% holding university qualifications. This figure is significantly higher than the national average of 30.4% and the Victorian average of 33.4%. The area's strong educational advantage is evident in various qualification types: Bachelor degrees are held by 38.0%, postgraduate qualifications by 19.8%, and graduate diplomas by 6.4%. Technical qualifications make up 14.8% of residents' educational achievements, with advanced diplomas at 7.6% and certificates at 7.2%.

Educational participation is notably high in Fitzroy North, with 27.2% of residents currently enrolled in formal education. This includes 11.0% in tertiary education, 6.6% in primary education, and 5.1% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Fitzroy North has 70 active public transport stops offering a mix of lightrail and bus services. These stops are served by 13 routes, collectively facilitating 9,216 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 122 meters from the nearest stop. The area is primarily residential, with most commuters travelling outward. Car remains the dominant mode at 53%, followed by cycling at 14% and walking at 12%. Vehicle ownership averages 0.7 per dwelling, below the regional average.

According to the 2021 Census, a high 54.9% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 1,316 trips per day across all routes, equating to approximately 131 weekly trips per individual stop.

Fitzroy North's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Fitzroy North residents exhibit relatively positive health outcomes, as per AreaSearch's analysis. Mortality rates and health conditions align with national benchmarks. Common health conditions are low among the general population but higher among older, at-risk cohorts compared to national averages.

Private health cover is exceptionally high at 69% of the total population (9,517 people), surpassing Greater Melbourne's 56.7% and the national average of 55.7%. Mental health issues and asthma are the most prevalent conditions, affecting 12.1% and 8.9% of residents respectively. 67.3% of residents report no medical ailments, lower than Greater Melbourne's 72.6%. Health outcomes among working-age residents are typical. The area has a higher proportion of residents aged 65 and over at 16.6% (2,284 people), compared to Greater Melbourne's 15.1%, but ranks lower nationally.

The level of cultural diversity witnessed in Fitzroy North was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Fitzroy North had a higher cultural diversity than most local areas, with 25.9% of its population born overseas and 16.7% speaking a language other than English at home. Christianity was the predominant religion in Fitzroy North, accounting for 26.3% of people, but Judaism showed notable overrepresentation at 0.7%, compared to 1.0% across Greater Melbourne. Regarding ancestry, the top three groups were English (25.3%), Australian (17.9%), and Irish (11.9%).

The English and Irish figures were substantially higher than regional averages of 20.1% and 6.5%, respectively. Other notable ethnic group divergences included French at 1.1% (vs 0.5% regionally), Scottish at 9.6% (vs 5.6%), and Polish at 1.0% (vs 0.8%).

Fitzroy North's population is slightly younger than the national pattern

Fitzroy North has a median age of 36 years, nearly matching Greater Melbourne's average of 37 years and slightly below Australia's median of 38 years. Compared to Greater Melbourne, Fitzroy North has a higher proportion of residents aged 25-34 (26.1%) but fewer residents aged 5-14 (7.2%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. According to the 2021 Census, the proportion of residents aged 25-34 has increased from 24.7% to 26.1%, while those aged 15-24 have risen from 10.1% to 11.3%. Conversely, the proportion of residents aged 35-44 has decreased from 15.4% to 13.7%. Demographic projections indicate that Fitzroy North's age profile will change significantly by 2041. The 45-54 age group is expected to grow by 58%, adding 907 residents and reaching a total of 2,463 residents in this age bracket.