SOLD
RECENT ADVICE
Sold on 21 May 2024 for $515,000

516/1 Westley Avenue
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Sold By
Nelson Alexander Ivanhoe
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Property Details for 516/1 Westley Ave, Ivanhoe

516/1 Westley Ave, Ivanhoe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 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)

Enjoy all the delights of Ivanhoe Village from this stunning designer apartment, perched up high for parkland views in the exclusive 'Evergreen' complex. Set within mere footsteps of charming restaurants and cafes, major supermarkets and trains to the city, this exciting lifestyle opportunity will be snapped up fast!
Generous open plan living and dining invites immediate relaxation, with split system heating and cooling ensuring absolute comfort year-round. Floor-to-ceiling glass reveals the enchanting covered balcony - perfect for alfresco dining or lounging with a prime north-easterly aspect and lush treetop views.
The contemporary kitchen integrates seamlessly with your living space, still sparkling like new with its ample cabinetry, quality stainless steel appliances, gleaming stone benchtops and feature timber breakfast bar for casual meals.

Both large bedrooms offer mirrored built-in robes with balcony access from the main, each sharing the stylish central bathroom with wide mirrored vanity, spacious shower and separate space-saving European laundry.
Architectural flair ripples throughout this beautifully designed complex, while security features include intercom entry, lift access and a single underground car space plus storage cage. Residents also enjoy the luxury rooftop sundeck with entertainer's terrace, BBQ facilities and incredible 360° views to the city.
Ivanhoe Village is right at your doorstep, providing a wealth of fantastic local shops, restaurants, cafes, bars, bakeries and boutiques to explore. Both Coles and Woolworths supermarkets are just 400m away, while Ivanhoe Station is a quick three-minute stroll for effortless transport straight down to the CBD.
Also within a stroll are Ivanhoe Library, Ivanhoe Aquatic Centre, Ivanhoe Tennis Club, Ivanhoe Primary and Ivanhoe Grammar/Girls' Grammar. Walk to the Darebin Parklands or Ivanhoe Park, with just minutes to Austin/Mercy Hospital, Northland Shopping Centre, La Trobe University, Yarra River walking/cycling trails, prized golfing and easy Eastern Freeway entry.

Property History for 516/1 Westley Ave, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$515,000
21 May 2024
  • 21 May 2024
    Sold for $515,000
  • 13 Dec 2023
    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 7,939 properties. Over the last 5 years, Houses in Ivanhoe have seen a 34.36% increase in median value, while Units have seen a 21.40% increase. As at 31 July 2024:

  • The median value for Houses in Ivanhoe is $1,818,322 while the median value for Units is $767,830.
  • Houses have a median rent of $710 while Units have a median rent of $545.
There are currently 20 properties listed for sale, and 5 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 285 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.