Unit 3,
194 LOWER HEIDELBERG ROAD Ivanhoe East VIC 3079

About Ivanhoe East - Eaglemont

With an average age of 43, households expect an average monthly mortgage payment of $2,200 or a weekly rent payment of $462. The average family earns a weekly income of $3,437 with a typical household size of 2.2 and a 99.61% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Ivanhoe East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Ivanhoe East provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Ivanhoe East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ivanhoe East we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ivanhoe East a better buying opportunity than it may have been in the past.

Public Transport

Stop 44: Burke Road Stop 43: Kew High School Stop 44: Burke Road Stop 46: Wattle Avenue Stop 46: Wattle Avenue Stop 47: North Balwyn Shopping Centre Stop 47: North Balwyn Shopping Centre Darebin Ivanhoe Eaglemont

General Points of Interest

Green Acres Golf Club Trinity College Como Centre Melbourne Cricket Ground Pentridge Prison Main Gate YMCA Macleod Recreation and Fitness Centre Doncaster Action Indoor Sports West Brunswick Tennis Club Royal Park Tennis Club Boroondara Tennis Centre

Population

(Country of Birth not stated 4%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Ivanhoe East Primary School Kew High School

• Alphington Grammar School

  Alphington, VIC, 3078 Independent Prep-12

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• St John's School

  Heidelberg, VIC, 3084 Independent Prep-6

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• Mary Immaculate School

  Ivanhoe, VIC, 3079 Independent Prep-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website