87 Locksley Rd, Ivanhoe is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 1115m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 4 bedroom House sold in Ivanhoe in the last 12 months.
SOLD By Miles Real Estate.
Prized Locksley Road prestige and perfect Ivanhoe potential are on full display across an impressive 1,115m2 allotment (approx) with this inviting four bedroom and study residence presenting a range of rewarding future possibilities.
Elevated on the high-side amidst sun-drenched gardens, this tightly-held family classic combines timeless character and comfort with exceptional size and scope creating an enticing opening for buyers with a vision to enhance, expand, rebuild or redevelop (STCA).
From its stone-finished faade and flexible interior to its large backyard with easy-access ROW, myriad options to maximize the opportunity on an expansive footprint make this one of Ivanhoe's most exciting prospects with the capacity to deliver both immediate enjoyment and long-term success.
Soaring ceilings, Art Nouveau cornices and original timberwork reflect the rich pedigree of this spacious single-level home where a wide hallway leads to four distinctive bedrooms and a family bathroom complemented by large formal lounge and dining rooms. A fully-functional kitchen complete with a walk-in pantry flows through to a casual dining space overlooking the rear garden before a light-filled living room featuring a fabulous brick fireplace. Further is a versatile study and a combined second bathroom and laundry.
A paved alfresco terrace shaded by a grapevine pergola offers a peaceful retreat for entertaining while a sprawling garden with laneway access, double carport, lock-up sheds and a 15000-litre rainwater tank create the foundation for a stunning transformation with the added potential of elevated easterly views.
Explore the options to renovate, build a new residence or craft luxurious townhouses with confidence in a blue-chip pocket that's just a short walking distance to leading schools, cafes, restaurants, boutique shopping, charming Eaglemont Village, train station, Chelsworth Park and Yarra River trails along with Heidelberg's hospitals precinct.
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 29.14% increase in median value, while Units have seen a 7.36% increase. As at 30 November 2025:
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