Fitzroy North
Statistical Area - sa2

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

Fitzroy North's population was 12,781 as of August 2021. By August 2025, it increased to around 13,937, a rise of 1,156 people (9.0%). This growth is inferred from the estimated resident population of 13,722 in June 2024 and an additional 250 validated new addresses since the Census date. The population density as of 2025 was 5,552 persons per square kilometer, placing Fitzroy North in the top 10% of national locations assessed by AreaSearch. This growth exceeded the national average of 8.6%, making Fitzroy North a growth leader in its region. Overseas migration contributed approximately 92.5% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and VIC State Government's Regional/LGA projections from 2023 for areas not covered by the ABS data. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Fitzroy North is projected to have a population of around 18,316, an increase of 4,379 persons (29.9%) from its 2025 population.

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

Fitzroy North has seen approximately 115 new homes approved annually. Development approval data is produced by the ABS on a financial year basis, with 576 dwellings approved over the past five financial years from FY21 to FY25, and 40 recorded so far in FY26. The average number of people moving to the area per dwelling built over these five years was around 0.3. This indicates that new supply is keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts.

New properties are constructed at an average expected construction cost value of $512,000. Additionally, $76.7 million in commercial development approvals have been recorded this financial year, indicating strong commercial development momentum compared to Greater Melbourne where Fitzroy North records somewhat elevated construction activity, being 20.0% above the regional average per person over the past five years. Recent construction comprises approximately 3.0% detached dwellings and 97.0% townhouses or apartments, demonstrating a trend towards denser development which provides accessible entry options appealing to downsizers, investors, and entry-level buyers. The location has approximately 2252 people per dwelling approval, indicating an established market.

Looking ahead, Fitzroy North is expected to grow by 4164 residents through to 2041. Development is keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

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

Infrastructure changes significantly influence a region's performance. AreaSearch has identified 32 projects likely impacting the area. Notable projects include Queens Parade Service Lane Upgrade, Liverpool Street, Alexandra Parade Car Park, and North East Link (Eastern Connection). Below is a list detailing projects most relevant to the area.

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

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

Fitzroy North has an educated workforce, with notable representation in the technology sector. Its unemployment rate is 5.6%, having seen a 6.0% employment growth over the past year.

As of June 2025, 9,038 residents are employed while its unemployment rate stands at 5.6%. Workforce participation is high at 70.9%, compared to Greater Melbourne's 64.1%. Dominant sectors include professional & technical, health care & social assistance, and education & training. The area specializes in professional & technical services with an employment share twice the regional level, while construction has limited presence at 4.1% compared to the regional average of 9.7%.

Employment opportunities locally appear limited based on Census data comparison between working population and resident population. From June 2024 to June 2025, employment increased by 6.0% in Fitzroy North while labour force grew by 7.0%, leading to a rise in unemployment rate of 0.9 percentage points. In Greater Melbourne, employment rose by 3.5%, labour force grew by 4.0%, and unemployment increased by 0.5 percentage points. State-level data from Sep-25 shows Victoria's employment growth at 1.08% year-on-year with an unemployment rate of 4.7%. National forecasts project total employment to grow by 6.6% over five years and 13.7% over ten years, but specific industry projections suggest Fitzroy North may see local growth rates of approximately 7.5% over five years and 15.0% over ten years.

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 that Fitzroy North has one of the highest incomes nationally. The median assessed income is $71,021 and the average income stands at $107,638. This contrasts with Greater Melbourne's figures: a median income of $54,892 and an average income of $73,761. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates for Fitzroy North would be approximately $78,201 (median) and $118,520 (average) as of March 2025. Census data reveals that incomes in Fitzroy North rank highly nationally: household income at the 93rd percentile, family income at the 86th percentile, and personal income at the 83rd percentile. Income brackets indicate that the $1,500 - 2,999 bracket dominates with 28.0% of residents (3,902 people), 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 82nd 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 units, apartments, and 'other' dwellings. This compares 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 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 $2,326. The median weekly rent in Fitzroy North was $481, compared to Melbourne metro's $451. Nationally, mortgage repayments were significantly higher at $1,863 and rents 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 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% 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 broader benchmarks. 64.2% of residents aged 15+ 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%, 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. Fitzroy North has a network of 7 schools serving approximately 1,567 students. The area shows exceptional educational performance with an ICSEA score of 1165, placing local schools among the most advantaged nationally. Education provision is balanced with 4 primary and 3 secondary schools serving distinct age groups. Note: for schools showing 'n/a' in enrolments, please refer to the parent campus.

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 14 different routes operating in total.

Each week, these routes provide 8,460 passenger trips combined. The average distance residents have to travel to reach the nearest stop is 122 meters. On average, there are 1,208 trips per day across all routes. This equates to about 120 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 closely align with national benchmarks. Common health conditions are slightly more prevalent here than average across both younger and older age groups. Private health cover is exceptionally high, at approximately 75% of the total population (10,410 people), compared to 69.8% in Greater Melbourne and a national average of 55.3%.

The most common medical conditions are mental health issues, affecting 12.1% of residents, and asthma, impacting 8.9%. A total of 67.3% of residents report being completely clear of medical ailments, compared to 70.6% in Greater Melbourne. Fitzroy North has 16.1% of residents aged 65 and over (2,238 people), higher than the 12.1% in Greater Melbourne, but broadly in line with the general population's health profile.

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 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 the population. However, Judaism showed an overrepresentation at 0.7%, compared to 0.8% across Greater Melbourne.

The top three ancestry groups were English (25.3%), Australian (17.9%), and Irish (11.9%). Notably, French was overrepresented at 1.1% in Fitzroy North compared to the regional figure of 0.8%. Scottish origin also showed an overrepresentation at 9.6%, compared to the regional figure of 8.6%. Italian ancestry was overrepresented at 6.5%, compared to the regional figure of 4.8%.

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 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 notably 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 suggests significant changes in Fitzroy North's age profile. The strongest projected growth is in the 45-54 cohort, with a predicted increase of 55%, adding 876 residents to reach a total of 2,464.