Suburb Profile Report for Ivanhoe East VIC (3079)

Ivanhoe East House: Median price $1,797,000, Annual capital growth 9.23%, Number of sales 40, Weekly median advertised rent $600

Ivanhoe East Unit: Median price $601,250, Annual capital growth 8.87%, Number of sales 14, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Ivanhoe East, 3079 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.17%.

Taking the average capital gain, or increase in median house value, Ivanhoe East,3079 has racked up an average of 4.17% over the period. This ranks it number 1218th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Ivanhoe East is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 624th in terms of most discounted suburbs in VIC

At number 1208 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 63.58 for properties listed there.

Ivanhoe East, 3079’s gross rental yield is 1.74%

Property investors who have had real estate in Ivanhoe East, 3079 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.95%

When looking at the potential capital gains offered to property investors over the last 3 years, Ivanhoe East comes in at number 271th in VIC.

Advertised rents are around the $395 mark per week – giving a return of 3.42% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,797,000 $601,250
2.45% -15.61%
4.17% 5.95%
9.23% 8.87%
$600 $395
40 14
1.74% 3.42%
63.58 N/A

Source: CoreLogic

DSR Score for property investment : 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