Fitzroy

VIC 3065

Fitzroy is an inner-city suburb in the City of Yarra, about 2 kilometres from the Melbourne CBD. Brunswick Street is the commercial heart, with Smith Street and Johnston Street extending the area's retail, dining and cultural activity. Fitzroy is Melbourne's first suburb and is characterised by a tightly gridded built form with a strong heritage and cultural identity.

Fitzroy has an office and consulting market, with office suites and floors and medical or consulting suites integrated into a dense inner-city mix of older buildings and converted commercial spaces. Collingwood, Carlton and Fitzroy North are nearby comparisons.

65

Active lease listings

commercial properties

$72,000

Median annual rent

asking rent across all listings

159

Median days on market

across all active listings

Lease rate trend

$410/m² p.a.

Median advertised rate

Up 11.3%

Change over 12 months

$367202420252026$425$309Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Fitzroy. Drill down to individual listings in MarketBuddy

Listings by sector

28

Offices

active lease listings

15

Medical / Consulting

active lease listings

9

Retail and Shops

active lease listings

8

Industrial, Warehouse and Factories

active lease listings

3

Hotel and Leisure

active lease listings

2

Other

active lease listings

Want to know more?

Explore commercial property insights for Fitzroy in MarketBuddy.

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Last updated 5 September 2026