Real Estate Ivanhoe East, VIC, 3079 Banyule

Thinking about buying in Ivanhoe East? Now could not be a better time, with a whopping 2089 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,943,000 with prices in this suburb ranging from $546,000 to $4,158,000.

Distance to the coast is 10 Km.

Instant Valuation

Ivanhoe East Real Estate Market Outlook

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.

About

Household makeup

Median Weekly Rent $510.15
Median Monthly Mortgage $2531.23
Median Persons Per Bedroom 0.83
Average Household Size 2.69
Average Age 37.00
Average Income $1521.00
Average Cars Per Dwelling 2.84
Average Properties Within 50M 47.00

Typical Property Prices

2 Bed$710,250
3 Bed$1,905,000
4 Bed$2,475,000
5 Bed$2,325,000

Housing Stock

Houses for sale Ivanhoe East

Nelson Alexander 10 BEAUVIEW PDE, IVANHOE EAST, VIC, 3079 5 3 2 EOI $2,500,000 - $2,700,000
Nelson Alexander 189 LOWER HEIDELBERG RD, IVANHOE EAST, VIC, 3079 4 2 2 Under Offer

Local Schools

Ivanhoe East Primary School

(While the above schools are located with the suburb of Ivanhoe East there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Ivanhoe East weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

EaglemontIvanhoeKew EastBulleenHeidelbergBalwyn NorthAlphingtonBellfieldHeidelberg HeightsRosanna

Public Transport

Stop 44: Burke Road - Less than 5 KM Stop 43: Kew High School - Less than 5 KM Stop 44: Burke Road - Less than 5 KM Stop 46: Wattle Avenue - Less than 5 KM Stop 46: Wattle Avenue - Less than 5 KM Stop 47: North Balwyn Shopping Centre - Less than 5 KM Stop 47: North Balwyn Shopping Centre - Less than 5 KM Darebin - Less than 5 KM Ivanhoe - Less than 2 KM Eaglemont - Less than 2 KM

General Points of Interest

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