OFF MARKET

12/72 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 4577m2
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Property Details for 12/72 Upper Heidelberg Rd, Ivanhoe

12/72 Upper Heidelberg Rd, Ivanhoe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 4577m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
2009
Floor Size
46m2
Land Size
4577m2
Local Government
Banyule
Lot/Plan
49/PS602283

Last Listing description (February 2017)

Located in the Ivanhoe shopping and cafe strip with the Austin Hospital, Mercy Hospital, Ivanhoe Station and the golf course only a short distance away the location of this apartment is hard to beat. Built in 2008 the apartment is a large one bedroom apartment with a car park on title, a very large alfresco style balcony, a fully equipped kitchen, internal laundry facilities and split system heating and cooling. The apartment has also been recently painted and carpeted.
Lease Details:
Current Rent: $459 per week ($23,877 per annum)

Next Rent Increase: 24th November 2017
Current Return: 7.02% Gross / Net 6.26%
Lease Terms: Lease to 23/11/2018 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2018)
Approximate Owner Outgoings:
Council Rates: $828 per annum
Water Rates: $650 per annum
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1110 per annum

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Property History for 12/72 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$340,000
17 Jan 2017
  • 17 Jan 2017
    Sold for $340,000
  • 13 Jan 2017
    Listed for Sale Not Disclosed
  • 01 Jul 2014
    Sold for $278,000

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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 8,049 properties. Over the last 5 years, Houses in Ivanhoe have seen a 16.08% increase in median value, while Units have seen a 12.16% increase. As at 30 November 2024:

  • The median value for Houses in Ivanhoe is $1,804,979 while the median value for Units is $788,256.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Ivanhoe.

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