Carlton North vs Fitzroy
Fitzroy (median $1,815,000) is roughly 1% cheaper to buy into than Carlton North ($1,826,000).
Buying in Carlton North or Fitzroy?
Selling in Carlton North? The free selling guide
Carlton North and Fitzroy side by side
| Measure | Carlton North | Fitzroy |
|---|---|---|
| Price and market | ||
| Median house | $1,826,000 | $1,815,000 |
| Median unit | $781,500 | $824,000 |
| Renting | ||
| House rent | $950/wk | $1100/wk |
| Unit rent | $600/wk | $750/wk |
| Owner occupied | 47.0% | – |
| Renter occupied | 50.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1104 | 1071 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 90 | 100 |
| Bike score | 100 | 100 |
| Population | 6,177 | – |
| Median age | 33 | – |
| Climate | ||
| Annual rainfall | 582 mm | 611 mm |
| Mean max, January | 26.9°C | 27.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Carlton North (1104) sits above Fitzroy (1071).
- For buyers
- Fitzroy is the lower entry point at $1,815,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Fitzroy offers the higher gross rental yield (3.15% vs 2.71%), favouring cash-flow investors.
- For families
- Carlton North edges out on average school ICSEA (1104 vs 1071).
Carlton North vs Fitzroy: common questions
Is Carlton North or Fitzroy cheaper to buy in?
Fitzroy has the lower median house price at $1,815,000, roughly 1% below Carlton North ($1,826,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Carlton North or Fitzroy have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Carlton North scores 1104 vs 1071 in Fitzroy. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Carlton North or Fitzroy?
Gross rental yield on houses is 3.15% in Fitzroy vs 2.71% in Carlton North. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
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