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 May 2026, the estimated population of the suburb of Fitzroy North is around 13,753. This figure represents an increase of 972 people since the 2021 Census, which reported a population of 12,781. The current resident population estimate of 13,749 was inferred by AreaSearch following examination of the latest ERP data release by the ABS in June 2025 and an additional 263 validated new addresses since the Census date. This population level equates to a density ratio of 5,545 persons per square kilometer, placing Fitzroy North within the top 10% of national locations assessed by AreaSearch. The suburb's 7.6% growth since the census is within 1.7 percentage points of the state's (9.3%), indicating competitive growth fundamentals. Overseas migration contributed approximately 92.0% of overall population gains during recent periods in Fitzroy North.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, adjusted employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. Projected demographic shifts indicate a significant population increase in the top quartile of national areas for Fitzroy North, with an expected growth of 4,088 persons by 2041 based on aggregated SA2-level projections, reflecting a gain of 29.7% in total over the 16 years.

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

AreaSearch analysis of ABS building approval numbers in Fitzroy North shows around 115 dwellings receiving development approval each year over the past five financial years. This totals an estimated 576 homes. So far in FY26, 45 approvals have been recorded. On average, 0.3 new residents arrive per new home built annually between FY21 and FY25.

This indicates supply meeting or surpassing demand, offering greater buyer choice while supporting potential population growth above projections. The average construction value of these homes is $512,000, suggesting a focus on the premium segment with upmarket properties. In FY26, commercial approvals have reached $76.7 million, indicating high levels of local commercial activity. Compared to Greater Melbourne, Fitzroy North has slightly more development, at 20.0% above the regional average per person over the five-year period.

This balances buyer choice with support for current property values. New building activity consists of 3.0% detached houses and 97.0% attached dwellings, favouring denser development to cater to downsizers, investors, and entry-level buyers. With around 79 people per dwelling approval, Fitzroy North exhibits characteristics of a growth area. Population forecasts indicate an increase of 4,084 residents by 2041 (latest AreaSearch quarterly estimate). Construction pace is maintaining reasonable progress with projected growth, though buyers may face increasing competition as population rises.

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 this area. Notable ones include Queens Parade Service Lane Upgrade, Liverpool St Fitzroy North, Alexandra Parade Car Park, and Park Street Mixed-Use Development. The following list details those likely 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.

Fitzroy North has seen below average employment performance when compared to national benchmarks

Fitzroy North has a highly educated workforce, with the technology sector prominent. Its unemployment rate was 5.6% in recent data aggregation from statistical areas. Over the past year, estimated employment growth was 4.4%.

As of December 2025, 8,905 residents were employed, with an unemployment rate of 5.6%, 0.8% higher than Greater Melbourne's rate of 4.8%. Workforce participation was 76.2%, above Greater Melbourne's 69.9%. Census responses indicated that 54.9% of residents worked from home, potentially influenced by Covid-19 lockdowns. Employment is concentrated in professional & technical (at 2.0 times the regional average), health care & social assistance, and education & training sectors.

Construction employment was lower at 4.1%, compared to the regional average of 9.7%. Job opportunities locally may be limited, as suggested by the difference between Census working population and resident population counts. Between December 2024 and December 2025, employment increased by 4.4% while labour force grew by 4.5%, keeping unemployment relatively stable at 5.6%. In comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, with unemployment rising to 5.1%. National employment forecasts from Jobs and Skills Australia (May-25) project national employment expansion by 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. 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

As per AreaSearch's latest postcode level ATO data released for financial year ending June 2023, the median income among taxpayers in Fitzroy North is $71,021. The average income is $107,638. Nationally, this is exceptionally high compared to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 9.62% from July 2023 to March 2026, current estimates for Fitzroy North would be approximately $77,853 (median) and $117,993 (average). Census data shows household, family, and personal incomes all rank highly in Fitzroy North, between the 83rd and 93rd percentiles nationally. In terms of income distribution, 28.0% of the population (3,850 individuals) fall within the $1,500 - $2,999 weekly income range, aligning with the surrounding region where this cohort represents 32.8%. A significant 38.9% earn above $3,000 weekly, reflecting pockets of prosperity that drive robust local economic activity. High housing costs consume 16.3% of income, though strong earnings still place disposable income at the 81st percentile nationally. 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

Fitzroy North's dwelling structure, as per the latest Census, consisted of 14.3% houses and 85.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's figures of 67.9% houses and 32.1% other dwellings. 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, exceeding Melbourne metro's average of $2,000. Median weekly rent in Fitzroy North was $481, higher than Melbourne metro's $390. Nationally, Fitzroy North's mortgage repayments were significantly higher than 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 account for 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 constitute 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 residents aged 15 and above have a higher proportion of university qualifications than the national average. Specifically, 64.2% of residents in Fitzroy North hold such qualifications, compared to 30.4% nationally and 33.4% in Victoria. The most common type of qualification is a Bachelor degree, held by 38.0% of residents. Postgraduate qualifications are held by 19.8%, and graduate diplomas by 6.4%.

Technical qualifications make up 14.8% of educational achievements for residents aged 15 and above, with advanced diplomas at 7.6% and certificates at 7.2%. Educational participation is 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 light rail and bus services. These stops are served by 13 different routes, collectively facilitating 9,216 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located just 122 meters from the nearest stop. The area is predominantly residential, with most commuters travelling outward. Cars remain the primary mode of transport 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, 54.9% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency across all routes averages 1,316 trips per day, 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's health data shows positive outcomes, with mortality rates and health conditions similar to national benchmarks. Common health conditions are relatively low among the general population but higher among older, at-risk cohorts. Private health cover is exceptionally high at 69% of the total population (9,511 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%.

Mental health issues and asthma are the most common conditions, affecting 12.1 and 8.9% of residents respectively. 67.3% of residents report no medical ailments, compared to 72.6% across Greater Melbourne. Health outcomes among working-age residents are typical. The area has 16.6% of residents aged 65 and over (2,282 people), higher than Greater Melbourne's 15.0%, but lower than the national average.

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 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. Judaism, however, was more prevalent in Fitzroy North compared to Greater Melbourne, comprising 0.7% versus 1.0%.

The top three ancestry groups were English (25.3%), Australian (17.9%), and Irish (11.9%). Notably, French (1.1%) and Scottish (9.6%) populations were higher in Fitzroy North compared to regional averages of 0.5% and 5.6%, respectively. Polish population was also slightly higher at 1.0%.

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

Fitzroy North's median age is 35 years, slightly younger than Greater Melbourne's 37 and the national average of 38 years. The 25-34 age group makes up 27.4% of Fitzroy North's population, higher than Greater Melbourne's percentage but below the national average of 14.6%. The 5-14 age group constitutes 7.3% of the population in Fitzroy North. Between 2021 and present, the 25-34 age group has increased from 24.7% to 27.4%, while the 35-44 cohort decreased from 15.4% to 14.3% and the 45-54 group fell from 12.1% to 11.0%. By 2041, population forecasts indicate that Fitzroy North's 45-54 age cohort is expected to rise significantly, with an increase of 843 people (56%) from 1,512 to 2,356.