FOR SALE
SOLD BY MAGGIE SUN

32 Lower Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1067m2
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A development goldmine opposite Ivanhoe Grammar

On the prized corner of The Ridgeway, opposite prestigious Ivanhoe Grammar School, this enormous 1067sqm approx. block is ready for its next profitable chapter.
Currently the site of an untouched family home that requires significant work, grab this opportunity and construct multiple luxury townhouses (STCA) in this blue ribbon neighbourhood.
Central to every sought-after amenity, it's a pleasant stroll to acclaimed Ivanhoe Village restaurants and an array of convenient retailers, beautiful Ivanhoe Park, Chelsworth Park and the banks of the inspiring Yarra River. Walk easily to Ivanhoe Girls' Grammar, Ivanhoe Primary and Alphington Grammar School.
- Enormous 1067sqm approx. block
- A prestigious position on the corner of The Ridgeway
- Opposite Ivanhoe Grammar School
- Walk to restaurants, retailers and the train station
- Build luxury townhouses (STCA)
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.
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Property Details for 32 Lower Heidelberg Rd, Ivanhoe

32 Lower Heidelberg Rd, Ivanhoe is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1067m2. The place is currently for sale with McGrath Box Hill.

Building Type
House
Land Size
1067m2

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About Ivanhoe 3079

The size of Ivanhoe is approximately 5.5 square kilometres. It has 18 parks covering nearly 21.1% of total area. The population of Ivanhoe in 2011 was 11,085 people. By 2016 the population was 12,192 showing a population growth of 10.0% in the area during that time. The predominant age group in Ivanhoe is 30-39 years. Households in Ivanhoe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe work in a professional occupation. In 2011, 66.7% of the homes in Ivanhoe were owner-occupied compared with 66.7% in 2016.

Ivanhoe has 7,995 properties. Over the last 5 years, Houses in Ivanhoe have seen a 19.44% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:

  • The median value for Houses in Ivanhoe is $1,778,351 while the median value for Units is $790,951.
  • Houses have a median rent of $720 while Units have a median rent of $543.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Ivanhoe.

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Maggie Sun
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Brian Bi
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McGrath Box Hill
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