Fitzroy North vs Princes Hill.
Comparing two suburbs with median house prices of $1,790,500 and $1,800,000. Fitzroy North edges out on more headline metrics in this comparison.
Fitzroy North (median $1,790,500) is roughly 1% cheaper to buy into than Princes Hill ($1,800,000).
On school quality, the average ICSEA across schools serving Fitzroy North (1130) sits above Princes Hill (1125).
For buyers
Fitzroy North is the lower entry point at $1,790,500 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Fitzroy North offers the higher gross rental yield (2.90% vs 1.56%), favouring cash-flow investors.
For families
Fitzroy North edges out on average school ICSEA (1130 vs 1125).
Common questions
Is Fitzroy North or Princes Hill cheaper to buy in?
Fitzroy North has the lower median house price at $1,790,500, roughly 1% below Princes Hill ($1,800,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Fitzroy North or Princes Hill have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Fitzroy North scores 1130 vs 1125 in Princes Hill. 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, Fitzroy North or Princes Hill?
Gross rental yield on houses is 2.90% in Fitzroy North vs 1.56% in Princes Hill. 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Fitzroy North against another suburb