OFF MARKET

32 Magnolia Road
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 127m2
Land area: 647m2
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Property Details for 32 Magnolia Rd, Ivanhoe

32 Magnolia Rd, Ivanhoe is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 647m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1925
Floor Size
127m2
Land Size
647m2
Local Government
Banyule
Lot/Plan
1/TP619242

Last Listing description (December 2022)

Offered for the first time in 60 years, this 3-bedroom Californian corner is primed for choice. Renovate and extend or build brand new.
GRZ2 zoning opens the door to further extending in your own time on this approx. 646m2 corner allotment, perfectly positioned between prized Ivanhoe and the heart of Heidelberg for high growth potential and easy access to everything.

The current home offers a great foundation for renovation with its formal living and dining rooms, 3 bedrooms (BIRs to 2), central bathroom, original kitchen and spacious rear patio linking to the outdoor laundry and additional toilet.

Dual street access adds to the appeal of this generously sized block, providing entry to extensive garaging while offering even further scope out door living spaces.

Families will appreciate being zoned for Ivanhoe Primary School with several esteemed public and private options nearby, while couples and professionals will enjoy easy access to charming Ivanhoe Village or lively Burgundy Street for cafs, restaurants, shops, boutiques and train stations.

This fantastic location is surrounded by sought-after amenities including Austin Hospital, the Ivanhoe Aquatic Centre, Northland and Warringal Shopping Centre, La Trobe University and endless Yarra River trails.

Bring your builder and set your plans in motion by calling James on 0490 049 640 to register your interest today!

Features
- Approx. 646m2 Corner Allotment
- General Residential Zone Schedule 2 (GRZ2)
- Original 3-Bedroom Home W/ Renovation Potential
- Dual Street Access
- Zoned For Ivanhoe Primary School
- Easy Access To Shops, Cafs, Dining & Transport
- Close To Major Amenities Incl. Austin Hospital

Upside Contact-Free Policy

In adherence to current restrictions, Upside Realty has implemented procedures for all buyer inspections, as follows:

- Hand sanitisers will be provided for all inspection attendees including the agent
- All COVIDSafe measures to be followed
- All contracts issued are paperless

Property History for 32 Magnolia Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$1,500,000
13 Nov 2022
  • 13 Nov 2022
    Sold for $1,500,000
  • 25 Jul 2022
    Listed for Sale Under Offer.

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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 8,047 properties. Over the last 5 years, Houses in Ivanhoe have seen a 14.26% increase in median value, while Units have seen a 7.39% increase. As at 31 December 2024:

  • The median value for Houses in Ivanhoe is $1,817,922 while the median value for Units is $770,898.
  • Houses have a median rent of $720 while Units have a median rent of $543.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Ivanhoe.

Suburb Insights for Ivanhoe 3079

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Disclaimer
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.