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Sold on 11 Jun 2024 for $730,000

311/1 Westley Avenue
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 311/1 Westley Ave, Ivanhoe

311/1 Westley Ave, Ivanhoe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Ivanhoe in the last 12 months.

Building Type
Unit
Local Government
Banyule

Last Listing description (June 2024)

Experience the epitome of urban living in this stunning 2-bedroom apartment nestled in the heart of Ivanhoe, boasting captivating city views of the Melbourne CBD.

Step into the meticulously designed interior where every detail has been carefully crafted to provide the utmost in style and convenience. The spacious bedrooms offer serene retreats, complemented by the elegance of two modern bathrooms.

Entertain with ease in the well-appointed kitchen and relax in the comfort of the living area, which opens up to a generously sized balcony, perfect for enjoying alfresco dining or simply taking in the breathtaking views.

Enhancing your living experience is the shared rooftop BBQ area and entertaining space, offering panoramic views of the city skyline an idyllic setting for socializing and unwinding.

Situated in the vibrant Ivanhoe neighbourhood, this apartment enjoys proximity to an array of amenities, including cafes, restaurants, retail outlets, and grocers. With Ivanhoe Train Station nearby, as well as the Austin Hospital major medical precinct and leading schools, convenience is at your doorstep. Easy access to arterial roads ensures seamless connectivity to Melbourne CBD, located just 7 kilometres away.

Don't miss this opportunity to secure your dream home in Ivanhoe. Contact us today to schedule a viewing and discover urban living at its finest. Your gateway to luxury and city views awaits.

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Property History for 311/1 Westley Ave, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$730,000
11 Jun 2024
Listed for Rent
$450/w
04 May 2021
  • 11 Jun 2024
    Sold for $730,000
  • 24 May 2024
    Listed for Sale $680,000 - $740,000
  • 20 Apr 2021
    Listed for Rent $450 / week
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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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