87 Upper Heidelberg Road, Ivanhoe, VIC 3079 | Property Value & History | OnTheHouse
 
OFF MARKET

87 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 67m2
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Property Details for 87 Upper Heidelberg Rd, Ivanhoe

Building Type
Commercial
Year Built
1985
Land Size
67m2
Local Government
Banyule
Lot/Plan
7/RP15040

Last Listing description (October 2011)

ONE OF THE MOST ESTABLISHED AND POPULAR SUBWAY FRANCHISES IN MELBOURNE
Ivanhoe - Main Road location.
Successfully operating for over ten years.

2011 FY Sales - $440,000 approx.
Net profit - $95,000 approx.
Sales growth of 8%+ pa and profit growth of 12%+ pa.
Very attractive rent (approx. $450 pw). Just renewed 5 years + 2 options.
Operates fully under management but would also suit owner/operator.
Over $30,000 spent (12 months ago) on complete re-fit to very latest Subway decor standards.
Includes all plant and equipment valued at $80,000.
Full training and support, no experience required.
Largest fast food chain in the world.
This business is exclusively listed by DBRE Pty Ltd
Detailed Information is available subject to a signed confidentiality agreement.
The information provided was supplied by the Vendor and is not the Brokers representation.

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Property History for 87 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$148,000
04 Sep 1997
  • 16 Jun 2011
    Listed for Sale 370000 PLUS SAVING
  • 04 Sep 1997
    Sold for $148,000
  • 17 Jun 1983
    Sold for $102,660
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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 8,354 properties. Over the last 5 years, Houses in Ivanhoe have seen a 28.61% increase in median value, while Units have seen a 5.27% increase. As at 31 December 2025:

  • The median value for Houses in Ivanhoe is $2,043,532 while the median value for Units is $743,934.
  • Houses have a median rent of $700 while Units have a median rent of $570.
There are currently 11 properties listed for sale, and 12 properties listed for rent in Ivanhoe on OnTheHouse. According to Cotality's data, 356 properties were sold in the past 12 months in Ivanhoe.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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