Where the median house price has jumped 40 per cent in two years.
The median house price in Fitzroy has skyrocketed from $861,000 in 2014 to $1.2 million in 2016 according to Corelogic data - not bad for a suburb that spans just one square kilometre.
Let’s look at the top market share positions today. Nelson Alexander holds the number one spot with 37 per cent market share. Hocking Stuart follows with 15 per cent and Jellis Craig takes third position with 7 per cent market share.
There are no signs of a market slowdown anytime soon, with all houses that sold in September achieving a price of $1 million or more. Of the 172 sales in Fitzroy over the past 12 months, a third sold for over $1 million
The opportunity to open a business in the heart of Fitzroy is with Ray White. If it’s an area of interest for you, we can help you build a competitive business. Talk to us today.
Contact:
Andrew McCulloch | +614 7903 9440
