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 Fitzroy North is around 13,762, reflecting a 981 person increase since the 2021 Census. The 2021 Census reported a population of 12,781 people in the suburb. This growth represents a 7.7% increase and is inferred from AreaSearch's estimated resident population of 13,722 based on the latest ERP data release by the ABS (June 2024) and an additional 254 validated new addresses since the Census date. The population density ratio is 5,549 persons per square kilometer, placing Fitzroy North in the top 10% of national locations assessed by AreaSearch. Overseas migration contributed approximately 92.0% of overall population gains during recent periods, driving primary growth for the area. AreaSearch adopts ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted employing weighted aggregation methods. Growth rates by age group are applied across all areas from these aggregations for years 2032 to 2041. By 2041, Fitzroy North is forecasted to increase by 4,389 persons based on aggregated SA2-level projections, reflecting a total increase of 31.6% over the 17-year period.

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

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Fitzroy North averaged around 115 new dwelling approvals per year. Over the past five financial years, between FY2021 and FY2025, an estimated 576 homes were approved, with a further 41 approved so far in FY2026. This supply has been meeting or surpassing demand, as evidenced by an average of only 0.3 people moving to the area per dwelling built over these five years.

The average construction value for new properties is $512,000, indicating a focus on the premium market with high-end developments. In FY2026, $76.7 million in commercial approvals have been registered, suggesting robust local business investment. Compared to Greater Melbourne, Fitzroy North has slightly more development, at 20.0% above the regional average per person over the five-year period. Recent construction comprises 3.0% detached dwellings and 97.0% townhouses or apartments, indicating a trend toward denser development which appeals to downsizers, investors, and entry-level buyers.

The location has approximately 79 people per dwelling approval, suggesting an expanding market. Looking ahead, Fitzroy North is expected to grow by 4,349 residents through to 2041, according to the latest AreaSearch quarterly estimate. Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

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

The performance of an area can significantly influenced by changes to local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 33 such projects that are expected to impact the area. Notable projects include Liverpool St, Queens Parade Service Lane Upgrade, Piedimonte Supermarket Redevelopment, and YarraBend - Paperworks Building. The following list details those projects deemed most relevant:.

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. The unemployment rate was 5.6% in the past year, with an estimated employment growth of 4.4%.

As of December 2025, 8,905 residents are employed, and the unemployment rate is 0.8% higher than Greater Melbourne's rate of 4.8%. Workforce participation is high at 76.8%, compared to Greater Melbourne's 71.3%. According to Census responses, 54.9% of residents work from home. Dominant employment sectors are professional & technical, health care & social assistance, and education & training.

The area specializes in professional & technical jobs, with an employment share twice the regional level. However, construction has limited presence at 4.1%, compared to 9.7% regionally. Over the year to December 2025, employment increased by 4.4% while labour force grew by 4.5%, keeping unemployment relatively stable at 5.6%. In contrast, Greater Melbourne's employment rose by 2.4%, labour force grew by 2.8%, and unemployment rose to 5.1%. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years. 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, based on a simple weighting extrapolation for illustrative purposes.

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 ending June 2023 shows that Fitzroy North suburb had income levels among the top percentile nationally. The median assessed income was $71,021 while the average income stood at $107,638. This contrasts with Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% from financial year ending June 2023 to September 2025, current estimates would be approximately $76,880 for median income and $116,518 for average income as of September 2025. Census data reveals that household, family and personal incomes in Fitzroy North rank highly nationally, between the 83rd and 93rd percentiles. Income brackets indicate that the $1,500 - $2,999 bracket dominates with 28.0% of residents (3,853 people), consistent with broader trends across the surrounding region showing 32.8% in the same category. Notably, 38.9% earn above $3,000 weekly, reflecting areas of prosperity that drive robust local economic activity. High housing costs consume 16.3% of income, however strong earnings still place disposable income at the 81st percentile nationally and the area's SEIFA income ranking places it in the 9th decile.

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

In Fitzroy North, as per the latest Census data, 14.3% of dwellings were houses while 85.6% were other types such as semi-detached homes, apartments, and 'other' dwellings. This is in contrast to Melbourne's metropolitan area where 67.9% of dwellings were houses and 32.1% were other types. Home ownership in Fitzroy North stood 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's average of $2,000. The median weekly rent in Fitzroy North was $481, compared to Melbourne'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 comprise 53.4% of all households, including 19.4% couples with children, 26.7% couples without children, and 6.3% 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, 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 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 educational advantage is reflected in its high proportion of residents with bachelor degrees (38.0%), postgraduate qualifications (19.8%), and graduate diplomas (6.4%). Technical qualifications also account for a substantial portion of educational achievements, with advanced diplomas representing 7.6% and certificates 7.2%.

Educational participation is notably high in the area, 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 operational public transport stops offering a mix of light rail and bus services. These are served by 13 different routes, collectively facilitating 9,216 weekly passenger trips. The area's transport accessibility is rated excellent, with residents on average located 122 meters from the nearest stop. In this primarily residential zone, most commuters travel outward. Cars remain the prevalent mode at 53%, while cycling and walking account for 14% and 12% respectively. Vehicle ownership stands at 0.7 per dwelling, below the regional average.

According to the 2021 Census, 54.9% of residents work from home, possibly due to COVID-19 conditions. Service frequency averages 1,316 trips daily 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' health outcomes appear positive based on available data. Mortality rates and health conditions align with national benchmarks, but common health conditions are more prevalent among older, at-risk cohorts compared to the general population. Private health cover is high at 69% of the total population (9,517 people), exceeding Greater Melbourne's 56.7% and the national average of 55.7%.

Mental health issues affect 12.1% of residents, while asthma impacts 8.9%. Notably, 67.3% report no medical ailments, compared to Greater Melbourne's 72.6%. Working-age population health outcomes are typical. The area has a higher proportion of residents aged 65 and over (16.8%, or 2,312 people) than Greater Melbourne (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 compared to most local areas, with 25.9% of its residents 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 the population. Judaism, however, was more prevalent in Fitzroy North at 0.7%, compared to 1.0% across Greater Melbourne.

In terms of ancestry, the top groups were English (25.3%), Australian (17.9%), and Irish (11.9%). These figures were higher than regional averages: English by 5.2%, Australian by 7.8%, and Irish by 5.4%. Notably, French (1.1%) and Scottish (9.6%) groups were also overrepresented in Fitzroy North compared to regional averages of 0.5% and 5.6% respectively.

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

Fitzroy North has a median age of 36 years, almost matching Greater Melbourne's average of 37. This is slightly below the Australian median of 38. Compared to Greater Melbourne, Fitzroy North has a higher proportion of residents aged 25-34 (26.1%) but fewer residents aged 5-14 (7.3%). The 25-34 age group in Fitzroy North is well above 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 11.4%. Conversely, the proportion of residents aged 35-44 has decreased from 15.4% to 13.7%. By 2041, demographic modeling suggests significant changes in Fitzroy North's age profile. The 45-54 cohort is projected to grow by 59%, adding 910 residents to reach a total of 2,466.