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 approximately 13,942 as of November 2025. Between the 2021 Census and this date, the population grew by 1,161 people, representing a 9.1% increase from the previous figure of 12,781. This growth is inferred from the estimated resident population of 13,722 in June 2024 and an additional 252 validated new addresses since the Census date. The population density was around 5,554 persons per square kilometer, placing Fitzroy North in the top 10% of national locations assessed by AreaSearch. This high population density makes land in the area a highly-sought resource. Fitzroy North's growth rate of 9.1% since the 2021 Census exceeded the national average of 8.9%, indicating it was a growth leader in the region during this period.

Overseas migration contributed approximately 92.5% of overall population gains in recent periods, driving much of this growth. AreaSearch adopted 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 utilized the Victorian State Government's Regional/LGA projections from 2023, adjusting them using a method of weighted aggregation of population growth from LGA to SA2 levels. Looking ahead, significant population increases are forecast for Fitzroy North. Based on the latest population numbers, the area is expected to grow by 4,379 persons by 2041, representing a total gain of 29.8% over the 17-year period.

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. Over the past five financial years, from FY21 to FY25, around 576 homes were approved, with another 40 approved so far in FY26. On average, about 0.3 people have moved to the area each year for every dwelling built during these five years, indicating that supply has been meeting or exceeding demand.

This has provided greater buyer choice and supported potential population growth beyond projections. The average construction cost of new properties is around $417,000. In FY26 alone, there have been $76.7 million in commercial development approvals recorded, demonstrating high levels of local commercial activity. Compared to Greater Melbourne, Fitzroy North has seen somewhat elevated construction levels, with 20% more per person over the past five years.

This has maintained good buyer choice while supporting existing property values. Recent construction in Fitzroy North comprises approximately 3% detached dwellings and 97% townhouses or apartments, indicating a trend towards denser development. This provides accessible entry options for downsizers, investors, and entry-level buyers. The location currently has around 2252 people per dwelling approval, suggesting an established market. Looking ahead, Fitzroy North is projected to grow by approximately 4159 residents by the year 2041. Development in the area is keeping pace with this projected growth, though increasing competition among buyers can be expected 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 projects include Queens Parade Service Lane Upgrade, Liverpool St, Alexandra Parade Car Park, and Piedimonte Supermarket Redevelopment. The following details projects 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.

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 being notably represented. The unemployment rate in June 2025 was 5.6%, with an estimated employment growth of 6.0% over the previous year.

As of this date, 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.

Conversely, construction had limited presence, with 4.1% employment compared to the regional average of 9.7%. The predominantly residential area appeared to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. 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 contrast, Greater Melbourne saw employment rise by 3.5%, with a labour force growth of 4.0% and an increase in unemployment of 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 provided further insight into potential future demand within Fitzroy North. These projections, covering five and ten-year periods, indicated national employment growth of 6.6% over five years and 13.7% over ten years. However, growth rates differed significantly between industry sectors. Applying these industry-specific projections to Fitzroy North's employment mix suggested local growth of approximately 7.5% over five years and 15.0% over ten years, although it should be noted that this was a simple weighting extrapolation for illustrative purposes and did not take into account 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 that Fitzroy North has one of the highest incomes nationally. The median income is $71,021 and the average income is $107,638. In comparison, Greater Melbourne has a median income of $54,892 and an average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Fitzroy North would be approximately $79,657 (median) and $120,727 (average) as of September 2025. Census data reveals that incomes in Fitzroy North rank highly nationally, with household, family, and personal incomes between the 83rd and 93rd percentiles. Income brackets indicate that the majority of residents earn between $1,500 - $2,999 weekly, with 38.9% earning above $3,000 weekly. High housing costs consume 16.3% of income in Fitzroy North, 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

Fitzroy North's dwelling structures, as per the latest Census, consisted of 14.3% houses and 85.6% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Melbourne metro's 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, exceeding Melbourne metro's average of $2,326. Median weekly rent in the area was $481, compared to Melbourne metro's $451. Nationally, Fitzroy North's mortgage repayments were higher at $2,500 versus Australia's 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 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 making up 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

Educational attainment in Fitzroy North is notably high, with 64.2% of residents aged 15+ having university qualifications, compared to national figures of 30.4% and state figures of 33.4%. 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%, comprising advanced diplomas (7.6%) and certificates (7.2%). Educational participation is high, with 27.2% of residents currently enrolled in formal education: 11.0% in tertiary, 6.6% in primary, and 5.1% in secondary education.

Seven schools operate within Fitzroy North, educating approximately 1,567 students. The area's educational performance is high (ICSEA score of 1165), indicating significant advantage nationally. Four primary and three secondary schools serve 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 70 operational public transport stops offering a mix of train, light rail, and bus services. These stops are served by 14 distinct routes that facilitate 8,460 weekly passenger trips in total. The average distance from residents to the nearest transport stop is 122 meters, indicating excellent accessibility.

Each route averages 1,208 daily trips, resulting in approximately 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 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 75% of the total population (10,414 people), compared to 69.8% across Greater Melbourne and 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. 67.3% of residents declare themselves completely clear of medical ailments, compared to 70.6% across Greater Melbourne. The area has 16.1% of residents aged 65 and over (2,239 people), which is higher than the 12.1% in Greater Melbourne, 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 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. Notably, Judaism was overrepresented compared to Greater Melbourne, comprising 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 differences: French was overrepresented at 1.1% compared to the regional average of 0.8%, Scottish at 9.6% versus 8.6%, and Italian at 6.5% versus 4.8%.

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

At 36 years, Fitzroy North's median age is nearly matching Greater Melbourne's average of 37, which is modestly under the Australian median of 38. Compared to Greater Melbourne, Fitzroy North has a higher concentration of 25-34 residents at 26.5%, but fewer 5-14 year-olds at 7.3%. This 25-34 concentration is well above the national average of 14.5%. Between the 2021 Census and the present, the 25 to 34 age group has grown from 24.7% to 26.5%, while the 15 to 24 cohort increased from 10.1% to 11.2%. Conversely, the 35 to 44 cohort has declined from 15.4% to 14.0%. Demographic modeling suggests Fitzroy North's age profile will evolve significantly by 2041, with the 45 to 54 cohort projected to grow by 55%, adding 876 residents to reach a total of 2,464.