FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Fitzroy, Victoria 6.5 out of 10 (Workhorse Investment) as of May 2026.
As a high-performing "workhorse" investment, Fitzroy's core appeal stems from its critical 3km proximity to Melbourne's CBD and persistently low supply levels. This underpins a powerful market dynamic, evidenced by 12.5% annual capital appreciation and a 1.2% vacancy rate, ensuring premium $950 weekly rents and strong tenant demand. The market has started re-rating this location — 12-month growth of +12.5% puts it ahead of the broader Victoria median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Fitzroy, Victoria 6.5 out of 10 (Workhorse Investment) as of May 2026. As a high-performing "workhorse" investment, Fitzroy's core appeal stems from its critical 3km proximity to Melbourne's CBD and persistently low supply levels. This underpins a powerful market dynamic, evidenced by 12.5% annual capital appreciation and a 1.2% vacancy rate, ensuring premium $950 weekly rents and strong tenant demand.
The median house price in Fitzroy, VIC is $1.57M. Weekly rent of $950 against a 3.2% gross yield underpins this figure.
Fitzroy has a gross rental yield of 3.2%, with a median weekly rent of $950. 12-month price growth is tracking at +12.5%.
Based on its market signals, Fitzroy aligns with: Growth Play, Defensive Hold.