Fitzroy North

Fitzroy North, VIC 3068 is a vibrant suburb with a diverse population. It has a mix of age groups, with a significant number of young professionals and families. The suburb offers good access to public transport, with many residents using trains and buses for their daily commute. Additionally, there is a high proportion of residents who work from home. Fitzroy North has a strong community vibe, with a considerable demand for rental properties, indicating a popular choice for renters. For houses in Fitzroy North, there is a notable demand for renovation opportunities, given the high sale price IQR ratio. This suggests potential for capital growth through renovation projects. On the other hand, units in the suburb have a high yield median, making them attractive for investors seeking rental income. With a low vacancy rate and good market absorption rate, both houses and units present promising investment options in Fitzroy North. Fitzroy North, VIC 3068 offers a desirable lifestyle with its mix of demographics and convenient access to amenities. The suburb provides investment opportunities for both house renovators and unit investors, with strong rental demand and growth potential. With its community feel and high interest from renters, Fitzroy North stands out as a suburb worth considering for home buyers, investors, and developers alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022