Fitzroy North

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

Based on AreaSearch's analysis, Fitzroy North's population is around 13,762 as of Feb 2026. This reflects an increase of 981 people (7.7%) since the 2021 Census, which reported a population of 12,781 people. The change is inferred from the estimated resident population of 13,722 from the ABS as of June 2024 and an additional 254 validated new addresses since the Census date. This population level equates to a density ratio of 5,482 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly sought resource. Fitzroy North's 7.7% growth since the census positions it within 2.2 percentage points of the national average (9.9%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, which contributed approximately 92.5% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilizing the VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Looking at population projections moving forward, a significant population increase in the top quartile of national areas is forecast, with the area expected to grow by 4,379 persons to 2041 based on the latest annual ERP population numbers, recording a gain of 31.5% in total over the 17 years.

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, with 576 homes approved over the past 5 financial years (between FY-21 and FY-25) and 41 so far in FY-26. With an average of only 0.3 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), supply is meeting or surpassing demand, providing greater buyer choice while supporting potential for population growth above projections, while new properties are constructed at an average value of $417,000. Additionally, $76.7 million in commercial development approvals have been recorded this financial year, demonstrating high levels of local commercial activity.

When measured against Greater Melbourne, Fitzroy North records somewhat elevated construction (20.0% above regional average per person over the 5 year period), maintaining good buyer choice while supporting existing property values. Recent construction comprises 3.0% detached dwellings and 97.0% townhouses or apartments. This trend toward denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers. The location has approximately 2252 people per dwelling approval, demonstrating an established market.

Looking ahead, Fitzroy North is expected to grow by 4,339 residents through to 2041 (from the latest AreaSearch quarterly estimate). Development is keeping a reasonable 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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 33 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Liverpool St, Queens Parade Service Lane Upgrade, Piedimonte Supermarket Redevelopment, and YarraBend - Paperworks Building, with the list below detailing those likely to be of most relevance.

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 possesses a highly educated workforce, with the technology sector a particular standout in terms of representation, an unemployment rate of 5.6%, and 4.4% in estimated employment growth over the past year. As of December 2025, 8,905 residents are in work while the unemployment rate is 0.8% above Greater Melbourne's rate of 4.8%, and workforce participation is well beyond standard (77.0% compared to Greater Melbourne's 71.3%). Based on Census responses, a high 54.9% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The dominant employment sectors among residents include professional & technical, health care & social assistance, and education & training. The area shows particularly strong specialization in professional & technical, with an employment share of 2.0 times the regional level. Meanwhile, construction has a limited presence with 4.1% employment compared to 9.7% regionally. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of Census working population vs resident population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 4.4% while the labour force increased by 4.5%, keeping the unemployment rate relatively stable. This contrasts with Greater Melbourne, where employment rose by 2.4%, the labour force grew by 2.8%, and unemployment rose 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Fitzroy North. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly 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 (please note this is a simple weighting extrapolation for illustrative purposes and does 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 FY-23 reveals that income in the Fitzroy North SA2 is among the top percentile nationally, with the median assessed at $72,980 while 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 FY-23, current estimates would be approximately $79,001 (median) and $115,651 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Fitzroy North, between the 83rd and 93rd percentiles nationally. Income brackets indicate 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, reflecting pockets of prosperity that drive robust local economic activity. High housing costs consume 16.3% of income, though 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

Dwelling structure within Fitzroy North, as evaluated at the latest Census, comprised 14.3% houses and 85.6% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Fitzroy North lagged that of Melbourne metro, at 26.5%, with the remainder of dwellings either mortgaged (23.0%) or rented (50.5%). The median monthly mortgage repayment in the area was well above the Melbourne metro average at $2,500, while the median weekly rent figure was recorded at $481, compared to Melbourne metro's $2,000 and $390. Nationally, Fitzroy North's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 53.4% of all households, comprising 19.4% couples with children, 26.7% couples without children, and 6.3% single parent families. Non-family households make up the remaining 46.6%, with lone person households at 34.4% and group households comprising 12.2% of the total. The median household size of 2.2 people 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

Educational attainment in Fitzroy North significantly surpasses broader benchmarks, with 64.2% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 33.4% in VIC. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 38.0%, followed by postgraduate qualifications (19.8%) and graduate diplomas (6.4%). Technical qualifications represent 14.8% of educational achievements for residents aged 15+; advanced diplomas (7.6%) and certificates (7.2%).

Educational participation is notably 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

Public transport analysis reveals 71 active transport stops operating within Fitzroy North, comprising a mix of light rail and buses. These stops are serviced by 13 individual routes, collectively providing 9,216 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 122 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 53%, with 14% cycling and 12% walking. Vehicle ownership averages 0.7 per dwelling, below the regional average. A high 54.9% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 1,316 trips per day across all routes, 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

Health data indicates relatively positive outcomes for Fitzroy North residents. AreaSearch's analysis of mortality rates and health conditions shows results broadly in line with national benchmarks, with the prevalence of common health conditions being quite low among the general population, though higher than the national average across older, at-risk cohorts. The rate of private health cover is exceptionally high at approximately 74% of the total population (10,183 people), compared to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions in the area are mental health issues and asthma, impacting 12.1% and 8.9% of residents, respectively, while 67.3% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Health outcomes among the working-age population are broadly typical. The area has 16.6% of residents aged 65 and over (2,281 people), which is higher than the 15.1% in Greater Melbourne, though ranking lower nationally than the broader population.

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 is more culturally diverse than the vast majority of local markets, with 25.9% of its population born overseas and 16.7% speaking a language other than English at home. The main religion in Fitzroy North is Christianity, which makes up 26.3% of people. However, the most apparent overrepresentation is in Judaism, which comprises 0.7% of the population, compared to 1.0% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Fitzroy North are English, comprising 25.3% of the population, which is substantially higher than the regional average of 20.1%, Australian, comprising 17.9% of the population, and Irish, comprising 11.9% of the population, which is substantially higher than the regional average of 6.5%. Additionally, there are notable divergences in the representation of certain other ethnic groups: French is notably overrepresented at 1.1% of Fitzroy North (vs 0.5% regionally), Scottish at 9.6% (vs 5.6%) and Italian at 6.5% (vs 5.2%).

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

At 36 years, Fitzroy North's median age nearly matches the Greater Melbourne average of 37 and is similarly modestly under the Australian median of 38. Relative to Greater Melbourne, Fitzroy North has a higher concentration of 25 - 34 residents (26.1%) but fewer 5 - 14 year-olds (7.2%). This 25 - 34 concentration is well above the national 14.4%. Since the 2021 Census, the 25 to 34 age group has grown from 24.7% to 26.1% of the population, while the 15 to 24 cohort increased from 10.1% to 11.3%. Conversely, the 35 to 44 cohort has declined from 15.4% to 13.7%. Demographic modeling suggests Fitzroy North's age profile will evolve significantly by 2041. The 45 to 54 cohort shows the strongest projected growth at 58%, adding 906 residents to reach 2,464.