Fitzroy vs Tanybryn
Property investment comparison - Fitzroy, VIC 3065 vs Tanybryn, VIC 3249
Head-to-head across core investment metrics: Fitzroy wins 3, Tanybryn 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 | Tanybryn |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $810K | $405K |
| Gross rental yield (houses) | 3.60% | 1.47% |
| Gross rental yield (units) | - | 3.66% |
| 1-year house growth | -10.2%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 1.0% |
| Population | 10,431 | 15 |
Fitzroy vs Tanybryn: what the numbers say
The median house price is $1.6M in Fitzroy and $1.6M in Tanybryn, so Fitzroy is the cheaper entry point.
For units, Fitzroy sits at a median of $810K against $405K in Tanybryn, which makes Tanybryn the more affordable unit market and Fitzroy the pricier one.
On cash flow, Fitzroy leads: houses there return a gross rental yield of 3.60%, compared with 1.47% in Tanybryn, a gap of 2.13 percentage points.
Rental vacancy is 0.8% in Fitzroy and 1.0% in Tanybryn, 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 15, roughly 695 times the size of Tanybryn; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fitzroy for rental income, Fitzroy for a lower purchase price, 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