OFF MARKET

6/40 Magnolia Road
Ivanhoe VIC 3079

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 192m2
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Property Details for 6/40 Magnolia Rd, Ivanhoe

6/40 Magnolia Rd, Ivanhoe is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2006. The property has a land size of 192m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2006
Floor Size
108m2
Land Size
192m2
Local Government
Banyule
Lot/Plan
6/PS440100

Last Listing description (May 2023)

SOLD by Jellis Craig. Peacefully positioned within the picturesque environs of the Beaumont Estate this impeccable single level domain celebrates classic contemporary style oriented for glorious natural light. Delivering low maintenance living with absolute convenience this elegant villa unit is surrounded by blue ribbon amenities appealing to astute family home buyers and those looking to downsize without compromise.

Nestled within an immaculate boutique development of seven, the spacious floorplan is introduced with a comfortable lounge leading to the sleek kitchen equipped for effortless culinary occasions boasting a full suite of Smeg appliances, ample storage and a stone breakfast bench servery to the open concept dining, seamlessly extending to the manicured courtyard, ideal for alfresco enjoyment with preferred northern aspect.

Accommodation comprises three bedrooms, the master complete with ensuite and walk in robe and two robed bedrooms flanking the powder room and central family bathroom fitted with bath and shower.

Further complements include remote garage with handy internal and rear access, full size laundry, ducted heating and cooling, alarm and security shutters all in a premier locale walking distance to Ivanhoe Village retail, grocers, eateries and trains, sought after primary and grammar schools, Vibrant Burgundy Street and Austin Hospital major medical precinct. Close by LaTrobe University and arterial access only 7 kms (approx.) to the CBD.

Property History for 6/40 Magnolia Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$1,037,500
27 May 2023
Listed for Rent
$410/w
02 Nov 2007
  • 27 May 2023
    Sold for $1,037,500
  • 28 Apr 2023
    Listed for Sale $900,000 - $990,000
  • 03 Jun 2017
    Sold for $910,000
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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 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, 299 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.