Strong rental yield combined with tight vacancy creates durable income support and downside protection.
VERDICT
STRONG BUY
Yield-Supported Growth
DEMAND
125 buyers/listing
Strong↑
LIQUIDITY
29d DOM
Neutral→
AFFORDABILITY
-20.0% vs 5yr
Strong↑
GROWTH OUTLOOK
Strong
Strong↑
YIELD
4.6%
Strong↑
SUPPLY PRESSURE
0.5% vacancy
Strong↑
#1/206StrongStructure 96$765KTop 1.4% nationally
Atlaso rates Fitzroy units as STRONG BUY, our highest conviction rating. Vacancy is extremely tight at 0.52%, well below the 2.5% equilibrium, and rental yield of 4.6% is above the national average. Historically, 90% of suburbs we rate STRONG BUY grew more than 8% annually.
At $765K, Fitzroy ranks #1 of 206 units in Melbourne. The long-term structural outlook is Strong. Prices remain 20% below their 5-year trend, suggesting room for recovery.
Fitzroy Price History
All units · monthly median sale price
Market Intelligence
What's Happening Now
Shifting to SellersMarket tightening. Act sooner rather than later.
+6.0%
Asking Prices (3mo)
-15.2%
Rents (12mo)
0.4%
Vacancy ↓
44%
Fresh Stock (<30d)
Unit Asking Prices (12 months)
$691K
Unit Weekly Rents (12 months)
$668/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 3065.
Suburb Profile
Fitzroy at a Glance
SEIFA Index
9/10
Most advantaged
Household Income
$2,194/wk
Median household
Median Age
35
Years
Mortgage Stress
26%
of income
Population Growth
+0.8%
vs state +2.2%
Ownership Mix
16.7%owned22.4%mortgage55.5%renting
Demographic Trends
Fitzroy Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Fitzroy Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Fitzroy as STRONG BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Fitzroy and 46 Australian cities to generate this rating.
What is the median house price in Fitzroy?
The current median house price in Fitzroy, vic is $765K, with annual growth of +31.8%. Properties sell in approximately 29 days.
How fast do properties sell in Fitzroy?
Properties in Fitzroy sell in 29 days on average. The market is currently rated Strong. This is in line with the broader market.
What is the growth outlook for Fitzroy?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Fitzroy's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Fitzroy?
The gross rental yield for houses in Fitzroy is 4.6%. This is above the national average, making it attractive for yield-focused investors.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).