413 Upper Heidelberg Rd, Ivanhoe is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1309m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Ivanhoe in the last 12 months.
An outstanding opportunity to secure a substantial 1,309 sqm* development site in the heart of Ivanhoe, positioned along the tightly held Upper Heidelberg Road corridor and improved by a single existing residence.
The expansive landholding is zoned General Residential and features an impressive 20.1- metre frontage*, offering excellent scope for future redevelopment (STCA). With its generous proportions and prominent street presence, the site presents a compelling proposition for developers, builders, and investors seeking to capitalise on the strong demand and long-term growth of this blue-chip inner-north-east location.
The existing dwelling provides holding income potential or flexibility while future plans are considered, making this an ideal land-bank or immediate redevelopment opportunity.
Strategically located, the property enjoys close proximity to Ivanhoe Village, Heidelberg and Ivanhoe train stations, Austin and Mercy Hospitals, quality schools, parklands, and easy arterial access to the CBD. The surrounding area continues to benefit from ongoing residential growth and infrastructure investment, underpinning strong end-user appeal.
Development sites of this scale and positioning in Ivanhoe are increasingly rare. This is a versatile and high-potential offering suited to those seeking a premium landholding with significant upside.
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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 8,360 properties. Over the last 5 years, Houses in Ivanhoe have seen a 13.41% increase in median value, while Units have seen a 7.73% increase. As at 31 March 2026:
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