OFF MARKET

7/198 Lower Heidelberg Road
Ivanhoe East VIC 3079

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 115m2
Land area: 957m2
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Property Details for 7/198 Lower Heidelberg Rd, Ivanhoe East

7/198 Lower Heidelberg Rd, Ivanhoe East is a 3 bedroom, 2 bathroom Unit and was built in 2012. The property has a land size of 957m2 and floor size of 115m2.

Building Type
Unit
Year Built
2012
Floor Size
115m2
Land Size
957m2
Local Government
Banyule
Lot/Plan
7/PS625562

Last Listing description (July 2022)

Positioned in a premium location this stunning residence is part of a small boutique development which has been exceptionally designed, highlighted by the soaring 12" ceiling height and luxurious fixtures and fittings throughout.

This chic single level penthouse features a spacious open plan living/dining area drenched in an abundance of natural light which seamlessly connects to a large north facing balcony, which is further complemented by the spectacular kitchen equipped with stone bench tops, SMEG appliances and glass splashback plus ample storage, making it ideal for year-round entertaining of family and friends.


Accommodation is comprised of a generously sized master bedroom with built in robes, ensuite and a private balcony, whilst two additional robed bedrooms are serviced by the stylish central bathroom with oversized shower.

Other standout features further enhancing this stunning apartment include fully ducted Daikin reverse cycle air conditioning, dark Oak timber flooring, dual side by side basement parking and excess storage cage.

This outstanding location is adjacent to the East Ivanhoe Village with its wide range of cafes, restaurants, supermarket & shops. It is also within close proximity to Ivanhoe Grammar School and Ivanhoe Girls Grammar School, Chelsworth parklands with walking trails along the Yarra River, Bus route or Ivanhoe Train Station, The Austin and Mercy Hospital precinct plus easy access to the Eastern Freeway and only 10km (approx) from the Melbourne CBD.

This unique property is often sought but rarely found.

Property History for 7/198 Lower Heidelberg Rd, Ivanhoe East, VIC 3079

A timeline of how this property has performed in the market
Listed for Rent
$720/w
08 Jul 2022
  • 24 Jun 2022
    Listed for Rent $720 / week
  • 05 Jul 2019
    Listed for Rent - Price not available
  • 14 Jun 2019
    Listed 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 1,993 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 22.01% increase in median value, while Units have seen a 22.40% increase. As at 30 September 2024:

  • The median value for Houses in Ivanhoe East is $2,239,032 while the median value for Units is $873,376.
  • Houses have a median rent of $750 while Units have a median rent of $508.
There are currently 4 properties listed for sale, and 1 property listed for rent in Ivanhoe east on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Ivanhoe east.

Suburb Insights for Ivanhoe East 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.