Fitzroy vs Hughesdale
Property investment comparison - Fitzroy, VIC 3065 vs Hughesdale, VIC 3166
Head-to-head across core investment metrics: Fitzroy wins 2, Hughesdale wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Fitzroy | Hughesdale |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $810K | $725K |
| Gross rental yield (houses) | 3.60% | - |
| Gross rental yield (units) | - | 4.80% |
| 1-year house growth | -10.2%estimate | -4.6% |
| 3-year house growth | - | +12.0% |
| Vacancy rate | 0.8% | 1.7% |
| Population | 10,431 | 7,563 |
Fitzroy vs Hughesdale: what the numbers say
The median house price is $1.6M in Fitzroy and $1.6M in Hughesdale, so Fitzroy is the cheaper entry point, with Hughesdale houses about 2% dearer.
For units, Fitzroy sits at a median of $810K against $725K in Hughesdale, which makes Hughesdale the more affordable unit market and Fitzroy the pricier one.
Over the past year house prices moved -10.2% in Fitzroy (an estimate) and -4.6% in Hughesdale, so recent momentum favours Hughesdale, while Fitzroy went backwards.
Rental vacancy is 0.8% in Fitzroy and 1.7% in Hughesdale, so landlords in Fitzroy face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Fitzroy is the bigger suburb, with a population of 10,431 against 7,563, larger than Hughesdale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fitzroy for a lower purchase price, Hughesdale for recent price momentum, Fitzroy for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison