SOLD
Sold on 09 May 2024 for $1,875,000

25 Redesdale Road
Ivanhoe VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 698m2
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Sold By
Nelson Alexander Ivanhoe
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Property Details for 25 Redesdale Rd, Ivanhoe

Building Type
Land
Land Size
698m2
Local Government
Banyule
Lot/Plan
1/PS904117

Last Listing description (May 2024)

Now on the market in Ivanhoe's prestigious Fairy Hills precinct, this generous 698sqm parcel of land is every buyer's dream come true! Build your beautiful family sanctuary or invest and develop amidst treasured amenities, all in the most exclusive district of one of Melbourne's most highly sought-after suburbs.

Join the lush tree-lined streets of this beloved neighbourhood pocket, nestled privately amongst established homes for a heartening sense of safety and serenity. The proportions of the block are ideal for a brand new family home, or a fresh new investment property with promising potential returns (STCA).

Stroll peacefully through this family-friendly locale to Fairy Hills Kindergarten, delightful Sparks Reserve and esteemed Ivanhoe Grammar School. Darebin Station is less than 1km away for effortless transport down to the city, while the tranquil parkland of Chelsworth Park adjoins Yarra River golfing and trails.

Ivanhoe Village is moments away for boutique shopping, major supermarkets and trendy cafes and restaurants. Further coveted schooling includes Ivanhoe Girls' Grammar, Mary Immaculate Primary and Alphington Grammar, with just a few minutes' travel to La Trobe University, Northland Shopping Centre, Austin/Mercy Hospital, Yarra Bend Park and easy Eastern Freeway entry.

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Property History for 25 Redesdale Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$1,875,000
09 May 2024
  • 09 May 2024
    Sold for $1,875,000
  • 02 Apr 2024
    Listed for Sale Private Sale $1,799,000

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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 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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