507/1 Westley Ave, Ivanhoe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Ivanhoe in the last 12 months.
Elevated Apartment Living with Village ConvenienceLocated within one of Ivanhoes most sought-after developments, this comfortable, well-equipped residence offers an exceptional opportunity for first home buyers, downsizers, investors and anyone seeking a low-maintenance lifestyle.As you enter youre immediately welcomed by a spacious open-plan living and dining bathed in natural light which is further complemented by a sleek kitchen equipped European appliances, ample bench space and storage flowing seamlessly to a private balcony with stunning views towards the city perfect for relaxed entertaining.Accommodation consists of a large master bedroom with walk in robe and stylish ensuite plus one further bedroom which is serviced by the central bathroom.Additional features further enhancing this spectacular apartment include split system heating and cooling in each room, additional custom cabinetry, European laundry, secure basement carparking, a separate full-heightstorage cage and access to the beautiful common area rooftop terrace with BBQ facilities.Located just moments from Upper Heidelberg Road with an array of cafes & restaurants, grocery outlets, boutique fashion shops, Ivanhoe Train Station, Ivanhoe Grammar School, Ivanhoe Girls Grammar School, Austin & Mercy Hospitals, multiple parklands and easy access to the Eastern Freeway & only 10kms to the Melbourne CBD.
The size of Ivanhoe is approximately 5.5 square kilometres. There are 18 parks, covering nearly 21.1% of the 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 8,346 properties. Over the last 5 years, Houses in Ivanhoe have seen a 4.77% increase in median value, while Units have seen a 6.59% increase. As at 30 April 2026:
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