The Fitzroy Vic median house price in 2026 sits at approximately $1,550,000, reflecting one of Melbourne’s most tightly held and consistently high-performing inner-city suburbs. Whether you are buying, selling, or investing in Fitzroy Vic, understanding the current price landscape is essential before making any property decision.

What Is the Fitzroy Vic Median House Price Right Now?

According to CoreLogic data for the 12 months ending June 2026, the median house price in Fitzroy Vic (postcode 3065) is approximately $1,550,000. This represents a year-on-year increase of roughly 4.2% from the same period in 2025, when the median sat closer to $1,487,000. On a quarter-on-quarter basis, PropTrack figures show a modest gain of around 1.1% over the most recent quarter, indicating steady but measured momentum rather than volatile swings.

For units and apartments, the median sits considerably lower. CoreLogic data places the Fitzroy unit median at approximately $680,000, up around 3.5% year-on-year, making the unit market an accessible entry point for buyers who want inner-north lifestyle without the full house price commitment.

Recent Comparable Sales in Fitzroy

• A four-bedroom Victorian terrace on Smith Street: $1,920,000
• A three-bedroom renovated single-fronter on George Street: $1,610,000
• A two-bedroom period terrace on Moor Street: $1,285,000
• A two-bedroom apartment in a boutique block on Brunswick Street: $720,000

These comparables illustrate the wide price band within Fitzroy Vic property, driven heavily by land size, renovation quality, and proximity to Brunswick Street and Johnston Street lifestyle precincts. For a deeper dive into the data, visit our dedicated page on the median house price in Fitzroy.

What Do the Numbers Say About Fitzroy Vic Property Trends?

Fitzroy has delivered strong long-term capital growth. According to CoreLogic’s rolling 10-year data, Fitzroy houses have appreciated at an average annual rate of approximately 6.8%, outperforming many comparable inner-Melbourne suburbs over the same window. That consistency is one of the main reasons buying Fitzroy Vic property remains a popular strategy for owner-occupiers and investors alike.

On the rental side, According to CRMBrain 2026 data, the median weekly rent in Fitzroy is $610, which translates to a gross rental yield of approximately 2.1% on the median house price. While yields are modest by outer-suburban standards, the suburb’s low vacancy rates and high tenant demand from young professionals keep rental income reliable. Investors targeting stronger yield figures sometimes look to nearby suburbs; you can compare approaches by reviewing the median house price in Brunswick, where the unit yield profile differs.

Days on Market and Clearance Rates

• Average days on market: 22 days (CoreLogic, Q2 2026) — among the lowest in Melbourne’s inner north
• Auction clearance rate: approximately 74% over the past quarter (PropTrack, June 2026), well above the broader Melbourne average of around 65%
• Stock on market: SQM Research figures show total listings in Fitzroy tracking around 18% below the five-year average, confirming constrained supply

Low stock and high clearance rates combine to create competitive conditions for buyers. Anyone selling Fitzroy Vic property in this environment benefits from genuine urgency among purchasers, particularly at the sub-$1.7 million price point where owner-occupier demand is strongest.

What Are the Key Considerations When Buying or Investing in Fitzroy Vic?

Beyond raw price data, a number of suburb-specific factors shape both the risk and opportunity profile of Fitzroy Vic property.

Heritage Overlay and Character Streetscapes

Per GeoRisk 2026 figures, Fitzroy sits within a heritage overlay, meaning any renovations or new builds require council approval that respects the existing character. This is both a constraint and a protection: it limits overdevelopment and preserves the Victorian streetscapes that make Fitzroy so desirable. Buyers should budget for longer permit timelines on significant works.

Environmental and Liveability Factors

According to GeoRisk 2026 data, Fitzroy carries minimal flood risk, which is a meaningful advantage compared to some lower-lying inner suburbs. Air quality at the nearest monitoring station (Melbourne CBD) records a PM2.5 reading of 9.99 µg/m³, classified as Good under national standards. For families and older residents, GeoRisk 2026 data also notes 91 aged-care facilities within a 5km radius, reflecting the suburb’s location within one of Melbourne’s most service-rich catchments.

Infrastructure and Connectivity

• Tram routes on Smith Street and Brunswick Street provide frequent city access with no car required
• Fitzroy is zoned within the Melbourne High School catchment (secondary), adding long-term demand from families
• The suburb is walkable to Collingwood, Carlton, and the CBD, with a Walk Score consistently above 90

For investors comparing inner-north opportunities, it is worth benchmarking Fitzroy against neighbouring suburbs. The median house price in Northcote provides a useful comparison for buyers weighing up price points a little further from the city.

What Does the Buyer Pool Look Like?

Fitzroy attracts a diverse buyer cohort. Young professional couples and upsizers dominate auction bidding for three and four-bedroom terraces. Downsizers from larger family homes target well-appointed two-bedroom period homes. Investors, particularly self-managed super funds and interstate buyers, chase the suburb’s long-term growth credentials despite the compressed yield. This diversity in demand is a key reason the suburb’s median house prices Fitzroy Vic have remained resilient across multiple interest rate cycles.

How Does Collings Real Estate Help Buyers, Sellers, and Investors in Fitzroy?

Collings Real Estate has been operating across Melbourne’s inner north for decades. Our team combines hyperlocal knowledge of Fitzroy Vic property with access to off-market and pre-market opportunities that never appear on the major portals.

For Sellers

Selling Fitzroy Vic property in a competitive but stock-constrained market requires precise pricing strategy, compelling presentation, and a buyer database built over years of local activity. Our agents conduct a thorough comparable sales analysis before every campaign, ensuring your property is positioned to attract competitive offers rather than sitting unsold at an optimistic number. We recommend starting with a free property appraisal to establish a credible price range before committing to any method of sale.

For Buyers

Buying Fitzroy Vic property without local intelligence is expensive. Our buyer-facing portal gives registered clients early access to properties before they hit the open market. Sign up at the Collings off-market portal to be notified the moment a suitable Fitzroy property becomes available.

For Investors

Investing Fitzroy Vic requires a long-term lens. Our property management team handles everything from tenant selection to maintenance coordination, protecting your asset and maximising net yield. With median weekly rent at $610 (CRMBrain 2026), the rental income on a well-managed Fitzroy property remains steady, even as purchase prices climb.

To speak with a Collings specialist about Fitzroy Vic property, contact us directly:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Office: 230 Waterdale Road, Ivanhoe, VIC 3079

Request a free property appraisal today and get a precise, data-backed valuation of your Fitzroy Vic property from agents who know the streets, the buyers, and the numbers.

Frequently Asked Questions About the Fitzroy Vic Median House Price

What is the current median house price in Fitzroy Vic?

According to CoreLogic data for the 12 months ending June 2026, the median house price in Fitzroy Vic is approximately $1,550,000, up around 4.2% year-on-year.

Is Fitzroy Vic a good suburb to invest in?

Fitzroy has delivered average annual capital growth of approximately 6.8% over the past decade (CoreLogic). Median weekly rent sits at $610 (CRMBrain 2026), providing stable rental income, though gross yields are lower than outer-suburban alternatives due to high entry prices.

What is the median unit price in Fitzroy?

CoreLogic data places the Fitzroy unit median at approximately $680,000 for the 12-month period ending June 2026, representing a 3.5% year-on-year increase.

How quickly are properties selling in Fitzroy?

CoreLogic Q2 2026 data shows an average of just 22 days on market for Fitzroy properties, with an auction clearance rate of approximately 74% (PropTrack, June 2026).

Does Fitzroy have flood risk?

Per GeoRisk 2026 data, Fitzroy carries minimal flood risk, making it a lower-risk proposition compared to some inner-Melbourne suburbs that sit in low-lying floodplains.