Fitzroy and Fitzroy North are separated by Alexandra Parade but share a similar character of heritage terraces, tree-lined streets and inner-city lifestyle. Fitzroy North commands a modest premium and offers a more family-oriented feel. GeeVee compares both.
At a Glance: Fitzroy vs Fitzroy North 2026
| Metric | Fitzroy | Fitzroy North |
|---|---|---|
| Median House Price | $1,580,000 | $1,680,000 |
| Median Unit Price | $610,000 | $620,000 |
| Gross Unit Yield | 3.9% | 3.8% |
| 5-Year Growth | 37% | 36% |
| Walk Score | 99 | 96 |
| GeeVee Score | 8.1/10 | 8.0/10 |
Edinburgh Gardens: Fitzroy North’s Key Asset
Fitzroy North’s $100,000 house price premium over Fitzroy is almost entirely attributable to Edinburgh Gardens — one of Melbourne’s most popular inner-city parks. Properties within 200 metres of Edinburgh Gardens consistently achieve 8-12% premiums over equivalent homes elsewhere in the suburb. Fitzroy offers marginally higher walkability (99 vs 96) and stronger proximity to the Smith Street and Brunswick Street retail strips.
Frequently Asked Questions
Is Fitzroy or Fitzroy North more expensive?
Fitzroy North is slightly more expensive at $1,680,000 median house price vs Fitzroy’s $1,580,000 (REIV Q2 2025).
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