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Fitzroy
Inner Melbourne · VIC · 3065 · Yarra
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URBANOS SCORE
Our model39/100
Our proprietary model — yield, supply pipeline, price growth, infrastructure and CBD proximity for new build investors
↓ Below Melbourne average·more data may improve this score as imports run
KEY METRICS
Gross yield
3.33%
Median rent / wk
$528
1yr price growth
4.3%
Median unit price
$824k
Distance CBD
2km
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Data last updated: June 2026·Sources: CAV rent bonds, Valuer General, ABS Census, Victorian UDP·Stats reflect all properties in the suburb — new builds typically achieve higher yields and prices than the suburb median.
INFRASTRUCTURE & GROWTH DRIVERS
Smith Street and Johnston Street retail corridors. Strong lifestyle demand from young professionals. Limited new supply keeping vacancy tight.
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Active developments (22)
411-421 SMITH STREET Leicester St
Under construction~ Likely Eligible
$ – $
63 of 63 available
82 WESTGARTH STREET
Under construction~ Likely Eligible
$ – $
20 of 20 available
25 SMITH STREET
Under construction~ Likely Eligible
$ – $
18 of 18 available
371-385 GORE STREET
Under construction~ Likely Eligible
$ – $
49 of 49 available
84-104 JOHNSTON STREET
Off the plan~ Likely Eligible
$ – $
65 of 65 available
299 SMITH STREET
Off the plan~ Likely Eligible
$ – $
10 of 10 available
223-229 JOHNSTON STREET
Off the plan~ Likely Eligible
$ – $
74 of 74 available
227 NAPIER STREET
Off the plan~ Likely Eligible
$ – $
10 of 10 available
88 KERR STREET
Off the plan~ Likely Eligible
$ – $
23 of 23 available
450 GORE STREET
Off the plan~ Likely Eligible
$ – $
23 of 23 available
33 SAINT DAVID STREET
Off the plan~ Likely Eligible
$ – $
16 of 16 available
67-83 JOHNSTON STREET
Off the plan~ Likely Eligible
$ – $
32 of 32 available
155 JOHNSTON STREET
Off the plan~ Likely Eligible
$ – $
198 of 198 available
235 NAPIER STREET
Off the plan~ Likely Eligible
$ – $
15 of 15 available
430-434 GEORGE STREET
Off the plan~ Likely Eligible
$ – $
44 of 44 available
74-84 ROSE STREET
Off the plan~ Likely Eligible
$ – $
30 of 30 available
430-434 GEORGE STREET
Off the plan~ Likely Eligible
$ – $
44 of 44 available
235 NAPIER STREET
Off the plan~ Likely Eligible
$ – $
15 of 15 available
74-84 ROSE STREET
Off the plan~ Likely Eligible
$ – $
30 of 30 available
235 NAPIER STREET
Off the plan~ Likely Eligible
$ – $
15 of 15 available
74-84 ROSE STREET
Off the plan~ Likely Eligible
$ – $
30 of 30 available
430-434 GEORGE STREET
Off the plan~ Likely Eligible
$ – $
44 of 44 available