Fitzroy vs Moonee Ponds
Property investment comparison - Fitzroy, VIC 3065 vs Moonee Ponds, VIC 3039
Head-to-head across core investment metrics: Fitzroy wins 1, Moonee Ponds wins 1. 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 | Moonee Ponds |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $810K | - |
| Gross rental yield (houses) | 3.60% | - |
| Gross rental yield (units) | - | 4.89% |
| 1-year house growth | -10.2%estimate | +3.1%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 1.3% |
| Population | 10,431 | 16,224 |
Fitzroy vs Moonee Ponds: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.6M in Fitzroy and $1.6M in Moonee Ponds.
Over the past year house prices moved -10.2% in Fitzroy (an estimate) and +3.1% in Moonee Ponds (an estimate), so recent momentum favours Moonee Ponds, while Fitzroy went backwards.
Rental vacancy is 0.8% in Fitzroy and 1.3% in Moonee Ponds, so landlords in Fitzroy face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Moonee Ponds is the bigger suburb, with a population of 16,224 against 10,431, larger than Fitzroy; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Moonee Ponds 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
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