507/1 Westley Avenue, Ivanhoe, VIC 3079 sold on 04 May 2026 | OnTheHouse
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Sold on 04 May 2026 for $780,000

507/1 Westley Avenue
Ivanhoe VIC 3079

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Sold By
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Nelson Alexander Ivanhoe
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Property Details for 507/1 Westley Ave, Ivanhoe

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.

Building Type
Unit
Year Built
2017
Floor Size
73m2
Local Government
Banyule

Last Listing description (May 2026)

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.

Property History for 507/1 Westley Ave, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$780,000
04 May 2026
  • 04 May 2026
    Sold for $780,000
  • 29 Apr 2026
    Listed for Sale EOI $730,000 - $780,000
  • 19 Sep 2017
    Listed for Sale UNDER CONTRACT!
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About Ivanhoe 3079

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:

  • The median value for Houses in Ivanhoe is $1,870,999 while the median value for Units is $770,129.
  • Houses have a median rent of $795 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Ivanhoe on OnTheHouse. According to Cotality's data, 363 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.