Collingwood vs Fitzroy
Collingwood (median $1,403,500) is roughly 23% cheaper to buy into than Fitzroy ($1,815,000).
Buying in Collingwood or Fitzroy?
Selling in Collingwood? The free selling guide
Collingwood and Fitzroy side by side
| Measure | Collingwood | Fitzroy |
|---|---|---|
| Price and market | ||
| Median house | $1,403,500 | $1,815,000 |
| Median unit | $660,000 | $824,000 |
| Renting | ||
| House rent | $950/wk | $1100/wk |
| Unit rent | $695/wk | $750/wk |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1066 | 1071 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 100 | 100 |
| Bike score | 100 | 100 |
| Climate | ||
| Annual rainfall | 611 mm | 611 mm |
| Mean max, January | 27.0°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 Fitzroy (1071) sits above Collingwood (1066).
- For buyers
- Collingwood is the lower entry point at $1,403,500 median, 23% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Collingwood offers the higher gross rental yield (3.52% vs 3.15%), favouring cash-flow investors.
- For families
- Fitzroy edges out on average school ICSEA (1071 vs 1066).
Collingwood vs Fitzroy: common questions
Is Collingwood or Fitzroy cheaper to buy in?
Collingwood has the lower median house price at $1,403,500, roughly 23% below Fitzroy ($1,815,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Collingwood or Fitzroy have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Fitzroy scores 1071 vs 1066 in Collingwood. 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, Collingwood or Fitzroy?
Gross rental yield on houses is 3.52% in Collingwood vs 3.15% in Fitzroy. 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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