Gross Waddell ICR is pleased to present for sale 382 Upper Heidelberg Road, Ivanhoe, a sprawling residential zoned parcel of land offering a premium townhouse permit ideal for the discerning owner occupier marketplace.
Brand new permit for a sprawling townhouse development offering the epitome of luxury living
Prized hilltop landholding of 3,150 sqm* favourably zoned General Residential 2 (GRZ2)
Thoughtfully curated design with plans for 16 luxury townhouses
3,785 sqm* of GFA plus an abundance of private outdoor space for each townhouse
Situated in the heart of the high demand suburbs of Ivanhoe, Eaglemont and Heidelberg, each with soaring median house prices up to $2,720,000 (Source REIV)
Minutes to an array of retail and lifestyle amenity including Ivanhoe and Heidelberg's retail villages, Austin Hospital, Ivanhoe Golf Course, Yarra River plus much more
Easy access to the illustrious Ivanhoe Girls' Grammar School, Ivanhoe Grammar & Ivanhoe Primary School
Merely 400 m* to Eaglemont train station and close to Ivanhoe station providing ideal connectivity
Ivanhoe is commanding premium townhouse prices with surrounding product selling for upwards of $2,200,000 (***)
For further information or to inspect the property, please contact Gross Waddell ICR directly.
*approx.
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 8,357 properties. Over the last 5 years, Houses in Ivanhoe have seen a 29.14% increase in median value, while Units have seen a 7.36% increase. As at 30 November 2025:
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