Suburb Profile Report for Ivanhoe East VIC (3079)

Ivanhoe East House: Median price $1,801,000, Annual capital growth 9.11%, Number of sales 44, Weekly median advertised rent $665

Ivanhoe East Unit: Median price $712,000, Annual capital growth 10.30%, Number of sales 12, Weekly median advertised rent $363

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 11.00% which means that Ivanhoe East, 3079 has done well for property investors by showing a capital gain of 4.41% over the last year

Across a shorter period, Ivanhoe East, 3079 has seen a median price increase of 0.22% over the last quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Ivanhoe East itself are offering an average vendor discount of -7.07% to real estate investors.

At number 1432 in a list of fastest selling suburbs, Ivanhoe East is in the TOP 40% of suburbs in Australia with an average of days on market 64.91 for properties listed there.

Renters in Suburb are facing rents around $7980 per annum or $665 every week.

Giving property investors a a solid capital gain of 30.11% for the last year, Ivanhoe East, 3079 is the 45th highest performer in Australia in this respect.

Ivanhoe East,3079 was ranked 54 in Australia by increase in median property value over the quarter.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Ivanhoe East is 356th on a list of best yielding suburbs for rents in VIC with a 2.65% return

Metrics i HOUSE UNIT
$1,801,000 $712,000
0.22% 13.02%
4.41% 30.11%
9.11% 10.30%
$665 $363
44 12
1.92% 2.65%
64.91 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 3761
Median household income ($/weekly) 2096
Median age of persons 41
Median housing loan repayment ($/monthly) 2500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 534 14.2
    25-34 years 318 8.5
    35-44 years 492 13.1
    45-54 years 614 16.3
    55-64 years 502 13.3
    Others 1302 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 1576 57.0
    Not Married 1046 37.8
    Defacto Relationship 143 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2884 79.6
    Croatia 61 1.7
    Japan 91 2.5
    United Kingdom 152 4.2
    Other 96 2.6
    Others 340 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.0
    Christianity 2376 68.0
    Hinduism 45 1.3
    Other Religious Groups 25 0.7
    No Religion 980 28.1
    Others 31 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 124 10.9
    $2,000-$2,499 87 7.6
    $2,500-$2,999 172 15.1
    $3,000-$3,499 123 10.8
    $4,000 or more 145 12.7
    Others 490 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1140 39.0
    Not in the labour force 935 32.0
    Employed, worked part-time 694 23.7
    Employed, away from work 87 3.0
    Unemployed, looking for work 68 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 361 18.8
    Professionals 768 40.0
    Technicians & trades workers 120 6.3
    Clerical & administrative workers 253 13.2
    Sales 186 9.7
    Others 231 12.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 7.8
    Infants/Primary 353 33.0
    Secondary 310 29.0
    Technical or Further Educational Institution 44 4.1
    University or other Tertiary Institutions 253 23.6
    Others 27 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3121 88.7
    Flat, unit or apartment 281 8.0
    Semi-detached, row or terrace house, townhouse 118 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 585 46.2
    Being purchased 410 32.4
    Rented 271 21.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals