Fitzroy North

Population growth drivers in Fitzroy North are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Based on analysis of ABS population updates for the broader area, the estimated population of Fitzroy North is around 13,942 as of Nov 2025. This reflects an increase of 1,161 people (9.1%) since the 2021 Census, which reported a population of 12,781 people. The change is inferred from the resident population of 13,722, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024, and an additional 252 validated new addresses since the Census date. This level of population equates to a density ratio of 5,621 persons per square kilometer, placing Fitzroy North in the top 10% of national locations assessed by AreaSearch. The suburb's 9.1% growth since the 2021 census exceeded the national average (8.9%), marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, contributing approximately 92.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the 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 from these aggregations are also applied across all areas for years 2032 to 2041. Anticipating future population dynamics, a significant population increase in the top quartile of statistical areas analysed by AreaSearch is forecast for Fitzroy North, with the area expected to increase by 4,379 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 29.8% in total over the 17 years.

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

AreaSearch analysis shows Fitzroy North averaged around 115 new dwelling approvals per year. Between FY-21 and FY-25, approximately 576 homes were approved, with a further 40 approved in FY-26. The average population growth per dwelling built over these years was 0.3 people.

This indicates supply meeting or exceeding demand, offering greater buyer choice while supporting potential population growth above projections. Average construction value for new properties is $512,000. In FY-26, $76.7 million in commercial development approvals have been recorded, demonstrating high local commercial activity. Compared to Greater Melbourne, Fitzroy North records elevated construction levels, 20.0% above the regional average per person over the past five years.

Recent construction comprises 3.0% detached dwellings and 97.0% townhouses or apartments. This trend towards denser development provides accessible entry options, appealing to downsizers, investors, and entry-level buyers. The location has approximately 79 people per dwelling approval, indicating an expanding market. Looking ahead, Fitzroy North is expected to grow by 4,159 residents through to 2041, according to the latest AreaSearch quarterly estimate. Development is keeping pace with projected growth, though increasing competition among buyers is anticipated as the population expands.

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 likely impacting the area. Notable ones include Liverpool St, Queens Parade Service Lane Upgrade, Piedimonte Supermarket Redevelopment, and YarraBend - Paperworks Building. The following list details those 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 with notable representation in the technology sector. Its unemployment rate was 5.6% as of June 2025, with an estimated employment growth of 6.0% over the past year.

This is based on AreaSearch's aggregation of statistical area data. As of June 2025, 9,038 residents were employed while the unemployment rate was 1.0% higher than Greater Melbourne's rate of 4.6%. Workforce participation in Fitzroy North was 70.9%, compared to Greater Melbourne's 64.1%. The dominant employment sectors among residents included professional & technical, health care & social assistance, and education & training.

Notably, the area showed strong specialization in professional & technical services with an employment share of 2.0 times the regional level. However, construction had limited presence with 4.1% employment compared to 9.7% regionally. Over the 12 months to June 2025, employment increased by 6.0%, while labour force grew by 7.0%, causing the unemployment rate to rise by 0.9 percentage points in Fitzroy North. In contrast, Greater Melbourne saw employment rise by 3.5%, labour force grow by 4.0%, and unemployment increase by 0.5 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest that national employment should expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Fitzroy North's employment mix suggests local employment could increase by 7.5% over five years and 15.0% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year 2022 shows income in Fitzroy North is among the top percentile nationally. The median assessed income is $71,021 and the average income stands at $107,638. This contrasts with Greater Melbourne's median income of $54,892 and average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates would be approximately $79,657 (median) and $120,727 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Fitzroy North, between the 83rd and 93rd percentiles nationally. Income brackets indicate that 28.0% of residents (3,903 people) fall into the $1,500 - $2,999 bracket, consistent with broader trends across the surrounding region showing 32.8% in the same category. A significant 38.9% earn above $3,000 weekly. High housing costs consume 16.3% of income, but strong earnings place disposable income at the 81st percentile and the area's SEIFA income ranking places it in the 9th decile.

Fitzroy North displays a diverse mix of dwelling types, with above-average rates of outright home ownership

In Fitzroy North, as per the latest Census, 14.3% of dwellings were houses while 85.6% were other types such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Melbourne metropolitan area's figures of 12.8% houses and 87.2% other dwellings. Home ownership in Fitzroy North stood at 26.5%, with mortgaged properties at 23.0% and rented dwellings at 50.5%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,326. Median weekly rent in Fitzroy North was $481, compared to Melbourne metro's $451. Nationally, Fitzroy North's mortgage repayments were significantly higher at $2,500 versus the Australian average of $1,863, and rents were substantially higher at $481 compared to the national figure of $375.

Fitzroy North features high concentrations of group households and lone person households, with a higher-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% of the total. The median household size is 2.2 people, larger than the Greater Melbourne average of 2.0.

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

Educational attainment in Fitzroy North is notably higher than national averages. 64.2% of residents aged 15 years and above have university qualifications, compared to 30.4% nationally and 33.4% in Victoria. Bachelor degrees are the most common at 38.0%, followed by postgraduate qualifications (19.8%) and graduate diplomas (6.4%). Technical qualifications make up 14.8% of educational achievements, with advanced diplomas at 7.6% and certificates at 7.2%.

Educational participation is high, 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. There are seven schools operating within Fitzroy North, educating approximately 1,567 students. The area demonstrates high educational performance, with an ICSEA score of 1165, placing local schools among the most advantaged nationally. Educational provision is balanced, with four primary and three secondary schools serving distinct age groups.

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

Fitzroy North has 69 active public transport stops offering a mix of train, light rail, and bus services. These stops are served by 14 different routes, which together facilitate 8,460 weekly passenger trips. Residents enjoy excellent transport accessibility, with an average distance of 122 meters to the nearest stop.

On average, there are 1,208 daily trips across all routes, equating to around 122 weekly trips per individual stop.

Fitzroy North's residents are relatively healthy in comparison to broader Australia with common health conditions slightly more prevalent than average across both younger and older age cohorts

Fitzroy North's health metrics are close to national benchmarks. Common health conditions are slightly more prevalent than average across both younger and older age cohorts.

The rate of private health cover is exceptionally high at approximately 69% of the total population (9,642 people), compared to the national average of 55.3%. The most common medical conditions in the area are mental health issues and asthma, impacting 12.1 and 8.9% of residents respectively. Sixty-seven point three percent of residents declare themselves completely clear of medical ailments, compared to 70.6% across Greater Melbourne. Sixteen point zero percent of residents are aged 65 and over (2,230 people), which is higher than the 12.1% in Greater Melbourne. This places Fitzroy North's health profile broadly in line with the general population.

Fitzroy North was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Fitzroy North had a higher cultural diversity than 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. While Judaism made up only 0.7% of Fitzroy North's population, this was slightly higher than the Greater Melbourne average of 0.8%.

The top three ancestral groups were English (25.3%), Australian (17.9%), and Irish (11.9%). Notably, French ancestry was overrepresented at 1.1%, compared to 0.8% regionally, Scottish ancestry stood at 9.6% versus 8.6%, and Polish ancestry was at 1.0% versus 0.9%.

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

Fitzroy North has a median age of 36 years, closely approaching Greater Melbourne's average of 37 and slightly below Australia's median of 38. Compared to Greater Melbourne, Fitzroy North has a higher proportion of residents aged 25-34 (26.5%) but fewer residents aged 5-14 (7.3%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. According to the 2021 Census, the proportion of residents aged 25-34 has increased from 24.7% to 26.5%, while those aged 15-24 have risen from 10.1% to 11.2%. Conversely, the proportion of residents aged 35-44 has decreased from 15.4% to 14.0%. By 2041, demographic modeling predicts significant changes in Fitzroy North's age profile, with the strongest growth projected for the 45-54 cohort, which is expected to increase by 55%, adding 873 residents to reach a total of 2,463.