Invest in Ivanhoe
Only 10kms from Melbourne’s CBD, Ivanhoe is a well established suburb well serviced by public transport and with a high level of amenity.
Residential Market Conditions
The current average price for apartments in Ivanhoe is $637,000. It is predicted this trajectory will continue to climb. The average weekly rental price is currently $395. The vacancy rates stand at an impressive 1.92% suggesting Ivanhoe has a strongly performing rental market. New apartments under construction are at 3% compared to between 8% and 11% in nearby suburbs.
Ivanhoe benefits from several public transport options including a frequent train service. $42.79 million in renewal and redevelopment has been allocated to local projects. These include the Ivanhoe Park Pavilion, the Ivanhoe Aquatic and Leisure Centre and the Ivanhoe Community Learning Hub, which includes a new library and maternity and child health facility.