OFF MARKET

4/229 Banksia Street
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 3
Car spaces: 1
Land area: 151m2
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Property Details for 4/229 Banksia St, Ivanhoe

4/229 Banksia St, Ivanhoe is a 2 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2017
Land Size
151m2
Local Government
Banyule
Lot/Plan
54/PS733197

Last Listing description (November 2022)

SOLD by Jellis Craig. Ideally located, surrounded by convenience, this superbly crafted contemporary residence within the sought after Arve development celebrates magnificent light filled spaces and delivers on easy low maintenance living only moments from blue ribbon Ivanhoe amenity appealing to astute home buyers and investors alike.

Set with a secure courtyard entry the cleverly conceived floorplan showcases elevated, open plan living and dining serviced by the quality Smeg appointed kitchen complete with stone breakfast bench servery, all seamlessly extending to the north facing balcony.

Accommodation is zoned and offered over two levels, upstairs comprises master suite with lux ensuite alongside a second bedroom and family bathroom boasting separate bath and shower. The ground floor features the third bedroom and full bathroom perfect for when guests stay.

Further complements include remote garage with internal access, heating and cooling, all enviably located with street front appeal close by Ivanhoe Central retail, grocer, cafes, restaurants and trains, Ford Park, vibrant Burgundy Street, Austin Hospital major medical precinct, LaTrobe University and easy arterial access.

Property History for 4/229 Banksia St, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$855,000
09 Nov 2022
  • 09 Nov 2022
    Sold for $855,000
  • 27 Jul 2022
    Listed for Sale $840,000 - $910,000
  • 14 Jun 2020
    Listed for Sale $830,000 - $880,000
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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 8,047 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 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.