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390A Queens Parade

Fitzroy North, VIC 3068, Australia

$1.89m

4 bed 2 bath 2 car

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Area Price Guide

$1.78m – $2.00m

Indicative price guide range

🏘️

Comparable

📊

$1.07m

Area median

⚖️

+77%

vs median

🗓️

3 weeks ago

Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: Fitzroy Primary School

Zoning

GRZ1 — General Residential Zone Schedule 1

Yarra Planning Scheme

Public transport

Data unavailable

Traffic

Moderate congestion

Queens Parade experiences substantial congestion during peak hours (7-9am and 4-6pm) as a major north-south arterial route. Southbound traffic towards the CBD is particularly heavy in morning commute, with northbound return traffic heavy in evening commute. Weekday traffic is considerably heavier than weekends.

Flood risk

Medium

Fitzroy North is located in the Yarra River catchment and portions of the suburb fall within Melbourne Water's flood study mapping and the Land Subject to Inundation Overlay (LSIO). While not in a primary high-risk flood zone, the proximity to the Yarra River and the historically flood-prone nature of inner Melbourne mean medium-level flood risk applies to susceptible areas, particularly lower-lying properties near the river corridor. Detailed site-specific flood risk assessment is recommended for properties within mapped LSIO areas.

Bushfire risk

Low

Fitzroy North is a dense inner-city suburb of Melbourne with predominantly residential development, scattered street trees, and proximity to urban parkland (e.g. Edgeworth David Park). It is not situated in a Bushfire Prone Area (BPA) or subject to the Bushfire Management Overlay (BMO), and poses minimal bushfire risk due to urban character and distance from significant bushland. Standard building construction applies; no BAL rating required.

Crime profile

above average

Trend: stable

Nearby development

5 projects nearby

Fitzroy North is experiencing moderate-to-strong development pressure as part of inner-north urban renewal, with the St Vincent's Hospital precinct redevelopment as a major anchor project driving mixed-use growth and residential density. Street activation, medium-density infill approvals, and infrastructure improvements reflect the suburb's status as an established inner-city neighbourhood undergoing gradual intensification while maintaining heritage character. Council planning priorities emphasize affordable housing, public realm upgrades, and transit-oriented development along key commercial corridors.

Heritage

Heritage listed

Fitzroy North is an established inner-city suburb with significant Victorian-era housing stock and a strong heritage character overlay. The area contains a substantial state heritage precinct encompassing late 19th and early 20th century residential buildings, with local conservation controls affecting property modifications and development.

Sources: Australian Gov open data + StMate AI

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