Fitzroy North

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

Fitzroy North's population, as of November 2025, is estimated at around 13,761 people. This reflects an increase of 980 individuals since the 2021 Census, which reported a population of 12,781. The change is inferred from AreaSearch's estimation of 13,722 residents following examination of ABS's latest ERP data release in June 2024 and an additional 252 validated new addresses since the Census date. This results in a density ratio of 5,548 persons per square kilometer, placing Fitzroy North in the top 10% of national locations assessed by AreaSearch. The area's 7.7% growth since the census is within 2.0 percentage points of the national average (9.7%), indicating competitive growth fundamentals. Overseas migration primarily drove population growth, contributing approximately 92.0% of overall gains during recent periods.

AreaSearch adopts 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 from 2023, adjusted using weighted aggregation methods to SA2 levels. Future population dynamics anticipate significant growth, with Fitzroy North expected to increase by 4,379 persons to 2041 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

Based on AreaSearch analysis, Fitzroy North averaged around 115 new dwelling approvals per year. Between FY-21 and FY-25, approximately 576 homes were approved, with an additional 41 approved in FY-26 so far. The average population growth associated with these approvals was 0.3 people per year over the past five financial years.

This suggests that supply is meeting or exceeding demand, providing greater buyer choice and supporting potential population growth above projections. The average construction value of new properties was $512,000, indicating a focus on the premium market with high-end developments. In FY-26, $76.7 million in commercial approvals have been registered, suggesting robust local business investment. Compared to Greater Melbourne, Fitzroy North has slightly more development, 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, indicating a trend toward denser development which provides accessible entry options for downsizers, investors, and entry-level buyers. The location has approximately 79 people per dwelling approval, suggesting an expanding market. According to the latest AreaSearch quarterly estimate, Fitzroy North is expected to grow by 4,340 residents through to 2041. Building activity appears to be keeping pace with growth projections, though heightened competition among buyers may be experienced 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 identified 33 projects likely impacting the area. Key projects include Liverpool St, Queens Parade Service Lane Upgrade, Piedimonte Supermarket Redevelopment, and YarraBend - Paperworks Building. The following 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 the technology sector prominent. Its unemployment rate was 5.6% in September 2025, up from 4.7% in Greater Melbourne.

Employment growth over the past year was estimated at 4.6%. As of September 2025, 8,823 residents were employed, with an unemployment rate of 5.6%, 0.9% higher than Greater Melbourne's rate. Workforce participation was 70.9%, above Greater Melbourne's 64.1%. Dominant employment sectors included professional & technical, health care & social assistance, and education & training.

Professional & technical had an employment share of 2.0 times the regional level, while construction had limited presence at 4.1% compared to 9.7% regionally. Over the 12 months to September 2025, employment increased by 4.6%, labour force by 4.8%, raising unemployment rate by 0.2 percentage points. In contrast, Greater Melbourne saw employment rise by 3.0%, labour force grow by 3.3%, and unemployment increase by 0.3 percentage points. State-level data to 25-Nov-25 showed VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National forecasts from May-25 projected 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, though this is a simple extrapolation for illustrative purposes only.

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 ended June 2023 shows that Fitzroy North suburb has top percentile national incomes. The median income is $71,021 and the average is $107,638. This contrasts with Greater Melbourne's median of $57,688 and average 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 shows Fitzroy North's household, family, and personal incomes rank between the 83rd and 93rd percentiles nationally. Income brackets indicate that 28.0% of residents earn $1,500 - $2,999 weekly (3,853 people), consistent with surrounding regions at 32.8%. Notably, 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 nationally. 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 contrasts with 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 ones 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, while median rents were substantially above 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%. The median household size is 2.2 people, which is 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

Fitzroy North's educational attainment is notably higher than national averages. Of residents aged 15 or above, 64.2% hold university qualifications, compared to the Australian average of 30.4%, and the Victorian average of 33.4%. The area has a strong educational advantage with bachelor degrees being the most common (38.0%), followed by postgraduate qualifications (19.8%) and graduate diplomas (6.4%). Technical qualifications make up 14.8% of educational achievements, including advanced diplomas (7.6%) and certificates (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.

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. These include train, light rail, and bus services. There are 13 individual routes operating in total, serving 9,216 weekly passenger trips.

Residents have excellent accessibility to these stops, with an average distance of 122 meters to the nearest one. The service frequency is high, with 1,316 trips per day across all routes, equating to approximately 131 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. Approximately 69% of the total population (9,517 people) have private health cover, which is higher than Greater Melbourne's 71.3% and the national average of 55.7%.

The most common medical conditions are mental health issues affecting 12.1% of residents and asthma impacting 8.9%. 67.3% of residents declare themselves completely clear of medical ailments, compared to 70.6% across Greater Melbourne. 16.0% of residents are aged 65 and over (2,201 people), higher than Greater Melbourne's 12.1%, broadly in line with the general population's health profile.

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 residents born overseas and 16.7% speaking a language other than English at home. Christianity was the predominant religion in Fitzroy North, comprising 26.3% of the population. Judaism was notably overrepresented in Fitzroy North compared to Greater Melbourne, making up 0.7% versus 0.8%.

The top three ancestry groups were English (25.3%), Australian (17.9%), and Irish (11.9%). Some ethnic groups showed significant variations: French (1.1% vs regional 0.8%), Scottish (9.6% vs 8.6%), and Polish (1.0% vs 0.9%) were notably overrepresented in Fitzroy North.

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 and slightly under the Australian 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 25-34 concentration is above the national average of 14.5%. Between the 2021 Census and the present, the 25 to 34 age group has increased from 24.7% to 26.5%, while the 15 to 24 cohort has risen from 10.1% to 11.2%. Conversely, the 35 to 44 cohort has decreased from 15.4% to 14.0%. By 2041, demographic modeling suggests Fitzroy North's age profile will change significantly. The 45 to 54 cohort is projected to grow by 57%, adding 894 residents to reach a total of 2,463.