Fitzroy at a glance
12,135
People
$1,293,000
Median sale
$654/wk
Median rent
2.63%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
VIC › Fitzroy › Victoria Pde
$2,300,000–$2,500,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
3
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$2,300,000–$2,500,000
Asking range
No recorded sale for this property.
Fitzroy at a glance
12,135
People
$1,293,000
Median sale
$654/wk
Median rent
2.63%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Vs Fitzroy
+77.9%
Median sale
Suburb $1,293,000
-1.15 pp
Gross yield
Suburb 2.63%
Suburb median $1,293,000 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$136,814 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Fitzroy's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $654/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Fitzroy at a glance
12,135
People
$1,293,000
Median sale
$654/wk
Median rent
2.63%
Suburb gross yield
Median sale from 6 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by SashJust 200 metres from Fitzroy Gardens and footsteps from Gertrude, Smith and Brunswick Streets — 163 Victoria Parade, Fitzroy is a grand, corner-sited property where history, flexibility and future opportunity intersect.
Fully renovated and set within a Commercial 1 Zone, this expansive residence offers both residential and commercial appeal — ideal as a prestige home, an inner-city headquarters, or a showroom with unmatched visibility.
At street level, a magnificent five-bedroom Victorian terrace showcases soaring ceilings, intricate period detail, formal and informal living zones, a granite and stainless steel kitchen, and a series of beautifully updated bathrooms — all wrapped in generous scale and classic Fitzroy character.
Adding a distinctive edge, the western exterior wall features longstanding rock poster advertising — a visual nod to Fitzroy’s creative roots and a high-impact branding canvas seen by tens of thousands of vehicles every day.
Price Guide: $2,300,000 – $2,500,000
Offered individually, 163 Victoria Parade includes permits for three on-street car parks, though it does not carry the double garage accessible via George Street.
2 George Street, Fitzroy
Price Guide: $1,400,000 – $1,500,000
Directly behind, fronting George Street, stands a three-level house with its own address. The layout includes a secure double garage and powder room at ground level, open-plan living and kitchen on the first floor, and two bedrooms plus a study on the upper level. With a central bathroom including bathtub, private balcony, and full services, it functions as a complete residence — ideal for multigenerational living, rental income, or an independent home office.
2 George Street is available to purchase separately or together with 163 Victoria Parade. Acquired in conjunction, the combined holding is guided at the most recent council valuation of $3,870,000.
Key Features:
- Two addresses, 163 Victoria Parade + 2 George Street: Sold separately or as one
- Commercial 1 Zone — allowing both residential and business use
- Flexible dual dwellings with optional internal unification
- Secure two-car garage via laneway
- Exceptional daily exposure and external signage value
- Walk to East Melbourne, the CBD and Fitzroy’s cultural heart
163 Victoria Parade &/or 2 George Street, Fitzroy
Where scale, flexibility and prominence converge in one of Melbourne’s most iconic inner-city precincts.
Listing description written by Sasha Gilberg, Sash — reproduced as published, not verified by Districts.
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