53 Lower Heidelberg RoadIvanhoe VIC 3079
Property Details for 53 Lower Heidelberg Rd, Ivanhoe
Last Listing description (May 2024)
Benefitting from a high-visibility placement and increasing urban density, this commercial/residential hybrid offers stable rental yields and ongoing capital growth while contributing significantly to local amenity.
The ground floor oscillates between a commercial fit-out at the entry and rear residential dwelling complete with living room, kitchen, and laundry. Above, two bedrooms and a family bathroom benefit from an east-facing balcony, sunset terrace, and second living zone/optional third bedroom.
The ground floor courtyard encourages businesses which could make use of both indoor & outdoor spaces, or alternatively provides an alfresco retreat for the occupants.
Currently tenanted until December 2023 and paying $29,400 approximately a year, this address is well positioned to take full advantage of Ivanhoe's continued growth, boasting blue-chip credentials only metres from the cultural commons of Ivanhoe station village.
Property History for 53 Lower Heidelberg Rd, Ivanhoe, VIC 3079
- 14 May 2025Sold for $1,000,000
- 22 Feb 2024Listed for Sale $1,200,000 - $1,250,000
- 25 May 2023Listed for Sale $1,200,000 - $1,250,000
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0About 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 8,350 properties. Over the last 5 years, Houses in Ivanhoe have seen a 27.66% increase in median value, while Units have seen a 7.79% increase. As at 31 October 2025:
- The median value for Houses in Ivanhoe is $2,024,345 while the median value for Units is $765,659.
- Houses have a median rent of $705 while Units have a median rent of $550.
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