5/145 Upper Heidelberg Road, Ivanhoe, VIC 3079 | Property Value & History | OnTheHouse
OFF MARKET

5/145 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 66m2
Land area: 565m2
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Property Details for 5/145 Upper Heidelberg Rd, Ivanhoe

Building Type
Commercial
Year Built
1980
Floor Size
66m2
Land Size
565m2
Local Government
Banyule
Lot/Plan
5/SP30601

Last Listing description (November 2023)

A unique and affordable opportunity to acquire a retail premises located in the heart of the highly acclaimed Ivanhoe Shopping Precinct.

This versatile property offers an immediate income stream with scope to potentially occupy.

Key features include;

- Building area: 34 sq. metres (approx.)
- Zoned: Commercial 1
- Currently returning $20,000 per annum plus GST and outgoings
- Overholding tenancy to a long-term occupant of the building
- Thoroughfare arcade with constant traffic heading from Upper Heidelberg Road to Ivanhoe Plaza or vice versa
- Well-serviced by public parking directly behind the arcade
- Short distance to Ivanhoe Train Station (300 metres)
- An affordable investment for your commercial portfolio in a tightly held location

Terms: 10% Deposit Balance 30/60 Days

For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181

Property History for 5/145 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $500,000
  • 26 Oct 2023
    Listed for Sale Contact Agent
  • 18 May 2006
    Sold for $308,000
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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 8,357 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:

  • The median value for Houses in Ivanhoe is $2,097,484 while the median value for Units is $761,664.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Ivanhoe on OnTheHouse. According to Cotality's data, 362 properties were sold in the past 12 months in Ivanhoe.

Suburb Insights for Ivanhoe 3079

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.