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 was around 13,761 as of November 2025. This figure reflects an increase of 980 people since the 2021 Census, which recorded a population of 12,781. The growth is inferred from ABS estimated resident population figures for June 2024 (13,722) and validated new addresses (252) since the Census date. This results in a population density of 5,482 persons per square kilometer, placing Fitzroy North within the top 10% nationally according to AreaSearch. The area's growth rate of 7.7% since the Census is close to the national average (9.7%), indicating competitive growth fundamentals. Overseas migration contributed approximately 92.5% of overall population gains in recent periods.

Population projections for Fitzroy North are based on ABS/Geoscience Australia forecasts released in 2024, with a base year of 2022. For areas not covered by this data, AreaSearch uses Victorian State Government's Regional/LGA projections from 2023, adjusted via weighted aggregation to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Fitzroy North is projected to grow by 4,379 persons, reflecting a total gain of 31.5% 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 around 115 new homes approved annually. Over the past five financial years, from FY2021 to FY2025, approximately 576 homes were approved, with an additional 41 approvals so far in FY2026. On average, 0.3 people have moved to the area each year for every dwelling built during these five years, indicating that supply is meeting or exceeding demand.

This has provided greater buyer choice and supported potential population growth above projections. The average construction value of new properties is $417,000. In FY2026, $76.7 million in commercial development approvals have been recorded, demonstrating high levels of local commercial activity. When compared to Greater Melbourne, Fitzroy North has seen elevated construction levels, with 20% above the regional average per person over the past five years.

This has maintained good buyer choice while supporting existing property values. Recent construction comprises approximately 3% detached dwellings and 97% townhouses or apartments, indicating a trend towards denser development that appeals to downsizers, investors, and entry-level buyers. Fitzroy North has an established market with approximately 2252 people per dwelling approval. Looking ahead, Fitzroy North is expected to grow by 4340 residents through to 2041, according to the latest AreaSearch quarterly estimate. Development is keeping pace with projected growth, though buyers may face increasing competition as the population expands.

Fitzroy North has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 33 projects likely to impact the area. Notable projects 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 significant representation in the technology sector. Its unemployment rate was 5.6% as of September 2025, lower than Greater Melbourne's 4.7%. Employment growth over the past year was estimated at 4.6%.

As of that date, 8,823 residents were employed, with an unemployment rate of 5.6%, 0.9% higher than Greater Melbourne's. Workforce participation in Fitzroy North was 76.5%, compared to Greater Melbourne's 71.0%. Census responses indicated that 54.9% of residents worked from home. The dominant employment sectors were professional & technical, health care & social assistance, and education & training.

Specialization in professional & technical was particularly strong, with an employment share of 2.0 times the regional level. Construction had limited presence, with 4.1% employment compared to 9.7% regionally. The 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 September 2025, employment increased by 4.6% while labour force increased by 4.8%, causing the unemployment rate to rise by 0.2 percentage points. In contrast, Greater Melbourne saw employment rise by 3.0%, labour force grow by 3.3%, and unemployment rise by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will 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 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 that income in Fitzroy North SA2 is among the top percentile nationally. The median assessed income is $72,980 and the average income stands at $106,837. This contrasts with Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $79,001 (median) and $115,651 (average) as of September 2025. Census data reveals that household, family, and personal incomes all rank highly in Fitzroy North, between the 83rd and 93rd percentiles nationally. Income brackets indicate that the $1,500 - 2,999 bracket dominates with 28.0% of residents (3,853 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 still 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 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. This contrasts with Melbourne's metropolitan area where 67.9% of dwellings were houses and 32.1% were other types. Home ownership in Fitzroy North stood at 26.5%, lower than Melbourne metro's level. Mortgaged dwellings accounted for 23.0% and rented ones made up 50.5%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,000. Weekly rent median stood at $481 compared to Melbourne metro's $390. Nationally, Fitzroy North's mortgage repayments were significantly higher than the Australian 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 lower-than-average median household size

Family households constitute 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 making up 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 high, with 64.2% of residents aged 15+ possessing university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most prevalent at 38.0%, followed by postgraduate qualifications (19.8%) and graduate diplomas (6.4%). Technical qualifications comprise 14.8%, with advanced diplomas at 7.6% and certificates at 7.2%. Educational participation is significant, 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, serving a mix of lightrail and bus routes. These stops are covered by 13 individual routes, offering 9,216 weekly passenger trips in total. The average distance from residents' homes to the nearest stop is 122 meters, indicating excellent transport accessibility. Most commutes in this primarily residential area are outward-bound. Cars remain the most used mode of transport at 53%, with cycling at 14% and walking at 12%. Vehicle ownership averages 0.7 per dwelling, lower than the regional average.

According to the 2021 Census, 54.9% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency across all routes is an average of 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 overall. Mortality rates and health conditions align with national benchmarks, with low prevalence of common health issues among the general population. However, older, at-risk cohorts have higher prevalence compared to national averages.

Private health cover is exceptionally high in Fitzroy North, at 74% (10,183 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%. Mental health issues affect 12.1% of residents, while asthma impacts 8.9%. 67.3% declare no medical ailments, compared to Greater Melbourne's 72.6%. Health outcomes among working-age residents are typical. The area has 16.1% (2,210 people) aged 65 and over, higher than Greater Melbourne's 14.9%, 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 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 was notably overrepresented, comprising 0.7% of the population compared to 1.0% across Greater Melbourne.

In terms of ancestry, the top three groups were English (25.3%), Australian (17.9%), and Irish (11.9%). These percentages were substantially higher than the regional averages of 20.1%, 8.6%, and 6.5% respectively. Notably, French (1.1%) was overrepresented compared to the regional average of 0.5%. Similarly, Scottish (9.6%) and Italian (6.5%) groups were also overrepresented compared to their respective regional averages of 5.6% and 5.2%.

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 indicates significant changes in Fitzroy North's age profile, with the strongest projected growth occurring among those aged 45-54, an increase of 57% adding 896 residents to reach a total of 2,464.