40 Wallis AvenueIvanhoe East VIC 3079
Property Details for 40 Wallis Ave, Ivanhoe East
40 Wallis Ave, Ivanhoe East is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 871m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Last Listing description (August 2013)
Set on a magnificent block of approximately 871sqm, this expansive property located on one of the areas finest tree-lined avenues, easy walking distance to East Ivanhoe Village and close to leading schools, has brilliant potential.
The propertys exceptionally wide frontage (24.3m), north facing rear and level block presents a superb opportunity to: renovate; build a dream family home with a substantial street presence; or alternatively be capitalised on as a potential redevelopment site (STCA).
Partially refurbished, the current residence offers comfortable living comprising four bedrooms (en-suite to main), an impressive living and dining room, family room open to updated solid timber kitchen, main bathroom and separate laundry. Including a large bungalow and off-street parking, the property features polished timber floors, ducted heating and period plaster detail.
Property History for 40 Wallis Ave, Ivanhoe East, VIC 3079
- 24 Sep 2014Listed for Sale SOLD - $1,386,000
- 17 Aug 2013Sold for $1,380,000
- 24 Jul 2013Listed for Sale Not Disclosed
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About Ivanhoe East 3079
The size of Ivanhoe East is approximately 2.1 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Ivanhoe East in 2011 was 3,761 people. By 2016 the population was 3,812 showing a population growth of 1.4% in the area during that time. The predominant age group in Ivanhoe East is 50-59 years. Households in Ivanhoe East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe East work in a professional occupation. In 2011, 76.7% of the homes in Ivanhoe East were owner-occupied compared with 78.2% in 2016.
Ivanhoe East has 1,991 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 22.90% increase in median value, while Units have seen a 33.09% increase. As at 31 October 2024:
- The median value for Houses in Ivanhoe East is $2,296,939 while the median value for Units is $898,115.
- Houses have a median rent of $750 while Units have a median rent of $513.
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