OFF MARKET

208/72-84 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 534m2
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Property Details for 208/72-84 Upper Heidelberg Rd, Ivanhoe

208/72-84 Upper Heidelberg Rd, Ivanhoe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 534m2 and floor size of 70m2.

Building Type
Unit
Year Built
2009
Floor Size
70m2
Land Size
534m2
Local Government
Banyule

Last Listing description (December 2015)

Apt 208
72-84 Upper Heidelberg Rd
Ivanhoe

$406,000 (Private Sale)
NB: THIS IS FOR THE ASTUTE IVESTOR ONLY - NOT FOR OWNER OCCUPATION

this is a unique opportunity to secure this high quality 2 bedroom, 2 bathroom apartment with a 7 sqm balcony and car park.
Only five years old this investment apartment is leased to Quest until 2018 at $569 per week*, with annual rental reviews, minimal outgoings and further lease options.
Features include high ceilings, floor to ceiling glazing, quality fixtures and fittings including European stainless steel appliances and large bedrooms (BIRs).
Magnificently position in the Ivanhoe village with its myriad of excellent shopping, restaurants and cafes.
An outstanding investment opportunity that may suit a Self Managed Superannuation Fund (SMSF).
*From November 24th, 2014 after annual rental increase.
Inspect by appointment. Call Nick Walters on 0438 557 885.

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Property History for 208/72-84 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
  • 25 May 2015
    Listed for Sale Not Disclosed
  • 15 Nov 2014
    Listed for Sale 406000
  • 12 Feb 2014
    Listed for Sale 406000

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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 7,997 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, 296 properties were sold in the past 12 months in Ivanhoe.

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