OFF MARKET

507/1 Westley Avenue
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
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Property Details for 507/1 Westley Ave, Ivanhoe

507/1 Westley Ave, Ivanhoe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 73m2.

Building Type
Unit
Year Built
2017
Floor Size
73m2
Local Government
Banyule

Last Listing description (November 2017)

This home is the definition of style and sophistication, featuring two large bedrooms both with mirrored built in robes, two supreme, well-appointed bathrooms, a gleaming kitchen with marble finishes and Miele stainless steel appliances.
Luxury benefits include split-system heating and cooling, state of the art security system, separate storage cage and double glaze windows.

Not forgetting access to the exclusive rooftop terrace with sundecks, BBQ entertaining and dining lounge that offers one of the most enviable, uninterrupted views of both Melbourne & the Dandenong Ranges.
A stone s throw from all Ivanhoe has to offer the elite Ivanhoe Grammar & Ivanhoe Girls Grammar, the vivacious cafes and restaurants, fashion boutiques and public transport while providing easy access to the Eastern Freeway and only 10kms from the CBD.

Property History for 507/1 Westley Ave, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
  • 19 Sep 2017
    Listed for Sale UNDER CONTRACT!

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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 8,049 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 10 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Ivanhoe.

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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.