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 May 2026, is approximately 13,753. This figure represents a growth of 972 people since the 2021 Census, which reported a population of 12,781. The increase was inferred from ABS estimates: 13,749 in June 2025 and an additional 263 validated addresses since the Census date. This results in a population density ratio of 5,479 persons per square kilometer, placing Fitzroy North within the top 10% of national locations assessed by AreaSearch. The area's growth rate of 7.6% since the census is close to Victoria's state average of 9.3%. Overseas migration contributed approximately 97.1% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for SA2 areas, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Fitzroy North is forecasted to have a population increase of 4,082 persons, reflecting an overall growth rate of 29.6% over the 16-year period.

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

Fitzroy North has received approximately 115 dwelling approvals annually over the past five financial years, totalling 576 homes. As of FY26, 45 approvals have been recorded. The average new resident arrival per new home in Fitzroy North was around 0.3 per year between FY21 and FY25. This suggests that supply is meeting or exceeding demand, offering more buyer choices while supporting potential population growth.

The average construction cost value of new homes over this period was $417,000. In the current financial year, there have been $76.7 million in commercial approvals, indicating high levels of local commercial activity. Compared to Greater Melbourne, Fitzroy North has experienced slightly more development, with 20.0% above the regional average per person over the five-year period. New building activity shows a trend towards denser development, with 3.0% detached houses and 97.0% attached dwellings.

This trend provides accessible entry options for downsizers, investors, and entry-level buyers. With around 2252 people per dwelling approval, Fitzroy North reflects a highly mature market. According to AreaSearch's latest quarterly estimate, Fitzroy North is projected to gain 4,078 residents by 2041. Construction activity is maintaining pace with projected growth, but buyers may face increasing competition as the population grows.

Fitzroy North has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

"Infrastructure changes significantly influence an area's performance. AreaSearch identified 33 projects likely impacting the area. Notable projects 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 most relevant.".

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

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

Fitzroy North has a highly educated workforce with notable representation in the technology sector. Its unemployment rate was 5.6% as of December 2025. Employment growth over the past year was estimated at 4.4%.

As of that date, 8,905 residents were employed while the unemployment rate was 0.8% higher than Greater Melbourne's rate of 4.8%. Workforce participation in Fitzroy North was 76.6%, compared to Greater Melbourne's 69.9%. According to Census responses, 54.9% of residents worked from home. Employment is concentrated in professional & technical, health care & social assistance, and education & training sectors.

The area has particularly high employment levels in professional & technical services, at 2.0 times the regional average. However, construction employment is limited at 4.1%, compared to the regional average of 9.7%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over the 12 months to December 2025, employment increased by 4.4% while labour force increased by 4.5%, keeping the unemployment rate relatively stable. In comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Fitzroy North. These projections estimate national employment to expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these industry-specific 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.

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 2023 shows Fitzroy North SA2 had a median income among taxpayers of $72,980 and an average of $106,837. Nationally, these figures are exceptionally high compared to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth since financial year 2023, current estimates for Fitzroy North are approximately $80,001 (median) and $117,115 (average) as of March 2026. Census data reveals household, family and personal incomes rank highly in Fitzroy North, between the 83rd and 93rd percentiles nationally. In income distribution, 28.0% of the population (3,850 individuals) fall within the $1,500 - 2,999 range, aligning with surrounding regions at 32.8%. 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. 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

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. In contrast, Melbourne metropolitan area had 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, higher than Melbourne's average of $2,000. Median weekly rent in Fitzroy North was $481, compared to Melbourne's $390. Nationally, mortgage repayments averaged $1,863 and rents were $375.

Fitzroy North features high concentrations of group households and lone person households, with a lower-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%. 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's educational attainment is notably higher than national averages. Among residents aged 15 and above, 64.2% have university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most prevalent (38.0%), followed by postgraduate qualifications (19.8%) and graduate diplomas (6.4%). Technical qualifications make up 14.8%, 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.

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

Fitzroy North has 71 active public transport stops, offering a mix of light rail and bus services. These are served by 13 routes, facilitating 9,216 weekly passenger trips. Residents enjoy excellent transport accessibility, with an average distance of 122 meters to the nearest stop. The area is predominantly residential, with most commuters traveling outward. Cars remain the primary mode of transport at 53%, followed by cycling at 14% and walking at 12%. Vehicle ownership stands at 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 129 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 broadly aligning with national benchmarks. Common health condition prevalence is low among the general population but higher in older, at-risk cohorts. Private health cover is exceptionally high at 74% of the total population (10,177 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%.

Mental health issues and asthma are the most common conditions, affecting 12.1% and 8.9% respectively. 67.3% of residents report no medical ailments, compared to Greater Melbourne's 72.6%. Health outcomes among working-age residents are typical. The area has 16.2% of residents aged 65 and over (2,226 people), higher than Greater Melbourne's 15.0%, but lower nationally.

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 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. However, Judaism was more prevalent in Fitzroy North compared to Greater Melbourne, with 0.7% of the population identifying as Jewish.

In terms of ancestry, the top three groups were English (25.3%), Australian (17.9%), and Irish (11.9%), all higher than their respective regional averages. Notably, French (1.1%) and Scottish (9.6%) populations were significantly higher in Fitzroy North compared to regional averages of 0.5% and 5.6%, respectively. Italian ancestry was also notably higher at 6.5% compared to the regional average of 5.2%.

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, compared to Greater Melbourne's percentage, while the 5-14 cohort is less prevalent at 7.2%. This 25-34 concentration is significantly higher than the national average of 14.6%. Between 2021 and the present, the proportion of the population aged 25 to 34 has increased from 24.7% to 27.4%, while the 45-54 cohort has decreased from 12.1% to 10.9% and the 35-44 group has dropped from 15.4% to 14.2%. By 2041, population forecasts indicate substantial demographic changes for Fitzroy North, with the 45-54 age cohort projected to rise substantially by 848 people (56%), from 1,503 to 2,352.