125-127 Upper Heidelberg Road, Ivanhoe, VIC 3079 | Property Value & History | OnTheHouse
 
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125-127 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 94m2
Land area: 765m2
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Property Details for 125-127 Upper Heidelberg Rd, Ivanhoe

Building Type
Commercial
Floor Size
94m2
Land Size
765m2
Local Government
Banyule
Lot/Plan
1/TP365508

Last Listing description (December 2020)

Fitzroys is delighted to offer 125-127 Upper Heidelberg Road , Ivanhoe, for sale via Expressions of Interest closing 18th November at 2pm.

- Commanding two storey freehold comprising bank on ground floor and spacious apartment on first floor
- Absolute prime land holding of 755sqm* with frontage of 10.4 metres* to Upper Heidelberg Road plus rear frontage to Ivanhoe Plaza car park

- 7 year lease plus options to the Commonwealth Bank of Australia (CBA)
- Ground floor has been completely refurbished by Commonwealth Bank to suit their new ultra-modern open plan layout
- First floor encompasses a renovated three-bedroom apartment plus courtyard
- Exceptional asset located in the heart of one of Melbournes most successful and highly valued retail and lifestyle precincts
- Brilliant position surrounded by national tenants and constant pedestrian traffic
- Metres from Ivanhoe Plaza (anchored by Coles and Liquorland) and Laurent, Enni, Chemist Warehouse and more
- Within flexible Commercial 1 Zone
- Generous land area provides outstanding future value add / re-development potential (stca)

This is a genuine generational opportunity (first time offered in over 50 years) with properties in this section of Upper Heidelberg Road rarely offered to the market.

*approx.

125-127 Upper Heidelberg Road, Ivanhoe - For Sale via Expressions of Interest closing Wednesday 18th November at 2pm

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Property History for 125-127 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$5,107,000
20 Nov 2020
  • 20 Nov 2020
    Sold for $5,107,000
  • 09 Oct 2020
    Listed for Sale Contact Agent
  • 21 Dec 2010
    Transferred
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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 2016 was 12171 people. By 2021 the population was 13374 showing a population growth of 9.9% 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 2021, 65.10% of the homes in Ivanhoe were owner-occupied compared with 66.70% in 2016.

Ivanhoe has 8,355 properties. Over the last 5 years, Houses in Ivanhoe have seen a 28.61% increase in median value, while Units have seen a 5.27% increase. As at 31 December 2025:

  • The median value for Houses in Ivanhoe is $2,043,532 while the median value for Units is $743,934.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Ivanhoe on OnTheHouse. According to Cotality's data, 358 properties were sold in the past 12 months in Ivanhoe.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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