Fitzroy is Melbourne's creative and cultural heartland — one of Australia's most iconic inner suburbs where Brunswick Street's unparalleled restaurant, bar, and gallery strip, Smith Street's gentrified retail corridor, and Edinburgh Gardens' community sporting ovals create the highest-density concentration of Melbourne's arts and hospitality economy. Fitzroy's position as the coolest address in Australia's most design-forward city drives persistent price appreciation from both investors and owner-occupiers. At the current $1.4m median house price, an 80% loan at 6.25% over 30 years is about $6,896 per month.
| Median house price | $1,400,000 |
|---|---|
| Median unit price | $700,000 |
| Estimated monthly repayment | $6,896 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.8% |
| Typical days on market | 16 |
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