Thinking about buying in Ivanhoe East? Now could not be a better time, with 2106 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,894,000 with prices in this suburb ranging from $655,000 to $15,641,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $530.56 |
Median Monthly Mortgage | $3014.44 |
Median Persons Per Bedroom | 0.81 |
Average Household Size | 2.69 |
Average Age | 44.19 |
Average Income | $1174.94 |
Average Cars Per Dwelling | 1.93 |
Average Properties Within 50M | 47 |
1 Bed  $1,920,000 |
2 Bed  $1,695,000 |
3 Bed  $2,712,000 |
4 Bed  $3,407,000 |
5 Bed  $3,998,000 |
6 Bed+$7,846,000 |
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.
43-45 BURKE RD NORTH, IVANHOE EAST, VIC, 3079 | 3 | 1 | 1 | Under Offer | |
UNIT 3, 194 LOWER HEIDELBERG RD, IVANHOE EAST, VIC, 3079 | 5 | 3 | 2 | Private Sale $1,389,000 | |
481 THE BOULEVARD, IVANHOE EAST, VIC, 3079 | 1 | 1 | 1 | EOI $3,300,000 - $3,500,000 | |
UNIT 112, 206 LOWER HEIDELBERG RD, IVANHOE EAST, VIC, 3079 | 2 | 1 | 1 | Private Sale $750,000 |
Ivanhoe East Primary School
Ivanhoe Grammar School
Ivanhoe Girls' Grammar School
Marcellin College
Ivanhoe Primary School
Our Lady of Mercy College
Mary Immaculate School
St John's School
Belle Vue Primary School
St Bede's School
(While the above schools are located with the suburb of Ivanhoe East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
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