Antony Bucello
National Property Buyers (VIC)

Melbourne · Inner Melbourne
A suburb in the City of Yarra. Most homes are flats or apartments.
Last reviewed 25 October 2026
Market snapshot
Official figures
Read 6 October 2026
Median house price by year1
At the 2021 Census
Sources
Fitzroy 3065 · Inner Melbourne. Medians describe sales, not the value of any one home.
Before you buy
Amendment C271yara, gazetted on 30 July 2026 as part of the Train and Tram Zone Activity Centres Program, replaced interim and redundant Design and Development Overlay schedules for activity centres in Fitzroy and Collingwood with Built Form Overlay schedules 12 to 23 in the Yarra Planning Scheme. Parts of Fitzroy are in schedules including Brunswick Street Shops, Smith Street Shops, Gertrude Street Shops and Fitzroy West. One schedule, BFO12, describes a new low-rise to mid-rise character, ranging from 4 to 6 storeys, behind a consistent street wall north of Leicester Street and south of Johnston Street. Check the controls at the address before you buy.
Yarra's Heritage Overlay schedule lists the Brunswick Street Precinct, the Smith Street Precinct, the South Fitzroy Precinct and the Smith Street South Precinct, and parts of Fitzroy are in each. It marks the Fitzroy Town Hall at 201 Napier Street, Royal Terrace at 39-49 Brunswick Street, the Cairo Flats at 98 Nicholson Street and the former Aboriginal Church of Christ at 258 Gore Street as on the Victorian Heritage Register. Check the address against the Heritage Overlay before you plan works.
Parts of Fitzroy are in the Special Building Overlay. Ask the council about the overlay at the address before you make an offer.
We found no train station in Fitzroy. By our map check of the operator's timetable data, trams on routes 11, 12, 30, 86, 96 and 109 stop in parts of the suburb, at stops such as Johnston St/Brunswick St, Gertrude St/Brunswick St and Johnston St/Smith St.
The Department of Education lists Fitzroy Primary School at 319 George Street, Fitzroy. Its data does not give Fitzroy High School a Fitzroy address. In Victoria, a child who lives in a government school's zone must be offered a place there, and Find my School is the official source of zones. Check the zone for the address if you are counting on a place.
Homes Victoria's Rental Report for the September quarter 2025 gives a moving annual median weekly rent of $528 for a one-bedroom flat and $750 for a two-bedroom flat, for new lettings in its Fitzroy group in the year to September 2025. Homes Victoria counted 611 new lettings in the group that year. Homes Victoria does not say which streets the group covers, and puts Fitzroy North in a separate group.
At the 2021 Census, 59.4% of Fitzroy homes were flats or apartments, 36.5% were semi-detached, row or terrace houses or townhouses and 3.2% were separate houses.
Agents on a Pro plan who serve Fitzroy
Why a buyers agent
In Fitzroy, new built form controls cover parts of the suburb, parts are in heritage precincts, and most homes are flats or apartments. A buyers agent checks the planning scheme for each home on your shortlist, prices it against the sales closest to it, and negotiates or bids at auction for you.
Parts of Fitzroy are in Built Form Overlay schedules gazetted on 30 July 2026, among them Brunswick Street Shops and Smith Street Shops. An agent checks the controls at each address.
Parts of Fitzroy are in the Brunswick Street, Smith Street and South Fitzroy heritage precincts, and some places are on the Victorian Heritage Register. An agent checks the address before you bid.
At the 2021 Census, nearly all Fitzroy homes were flats, apartments, semi-detached houses, terraces or townhouses. An agent compares buildings, owners corporation fees and outlook against your budget.
The State Revenue Office Victoria charges no duty on a first home with a dutiable value up to $600,000, and a reduced amount from $600,001 to $750,000. An agent with your conveyancer checks whether the home you choose qualifies before you sign.
Compare
| Metric | This suburbFitzroy | NearbyCarlton | NearbyCollingwood |
|---|---|---|---|
| Median house | $1,571,000 | $1,435,000 | $1,227,000 |
| Median unit | $805,000 | $350,000 | $630,000 |
| Year-on-year growth | -10.2% | +3.2% | +3.6% |
| 5-year growth | +12.2% | -1.2% | +6.2% |
| Rental yield | Not available | Not available | Not available |
| Postcode | 3065 | 3053 | 3066 |
Official medians for 2025 from the state Valuer-General, and our calculations from them. Sources are on each suburb page.
The place
Fitzroy had 10,431 residents at the 2021 Census, with a median age of 35. ABS boundary files place it in the City of Yarra. Fitzroy North is a separate suburb.
At the 2021 Census, 18.0% of Fitzroy homes were owned outright and 20.1% with a mortgage. The median weekly rent at that Census was $451 and the median monthly mortgage repayment was $2,500.
Frequently asked
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Official figures are cited in the figures block above. Editorial review: 25 October 2026.
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