SOLD
Sold on 05 Mar 2024 for $815,000

11/229 Banksia Street
Ivanhoe VIC 3079

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 122m2
Land area: 76m2
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Property Details for 11/229 Banksia St, Ivanhoe

11/229 Banksia St, Ivanhoe is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 76m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Ivanhoe in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
122m2
Land Size
76m2
Local Government
Banyule
Lot/Plan
47/PS733197

Last Listing description (April 2024)

Boasting multiple levels of style and a seamless light streamed layout, this smartly presented townhouse from the respected Arve development, maximises use of all the spaces. Presenting smart accommodation with chic bathrooms throughout, and undeniable lifestyle benefits.

A sundrenched courtyard invites private entertaining, stepping inside to a ground floor home office/guest bedroom and full bathroom, suitable for working from home. Accessing a single garage with generous laundry area and understairs storage. Guided upstairs to the bright living and dining level that adjoins a stone waterfall kitchen/breakfast bar with Smeg appliances incl gas cooking plus mirrored splashback and a large pantry. Progressing to a north facing balcony for enjoying an outdoor meal or casual drinks with friends.

Two robed bedrooms matched to floor to ceiling bathrooms with stone topped vanities and semi-frameless showers, appreciate their own level. The master is fitted with deep triple sliding robes and an ensuite, and the main bathroom has the added luxury of a bath. The home is equipped with Ring video doorbell, ducted heating and cooling, timber style floors and linen storage. A privately gated entrance with its own street frontage plus rear entry from the side street creates further allure.


Banksia Street is highly regarded for its proximity to all your needs including boutique Ivanhoe cafes, shops, Ford Park, Ivanhoe Grammar, Alfred, Austin and Mercy Hospitals, and a short drive to La Trobe University, Heide Museum of Modern Art or great links to buses, trains and major freeways to the city and airport.

Property History for 11/229 Banksia St, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$815,000
05 Mar 2024
Listed for Rent
$510/w
07 Jul 2022
  • 05 Mar 2024
    Sold for $815,000
  • 05 Feb 2024
    Listed for Sale $750,000 - $825,000
  • 31 Oct 2022
    Transferred
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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 7,996 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 14 properties listed for sale, and 8 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Ivanhoe.

Suburb Insights for Ivanhoe 3079

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.