Colliers International is extremely proud to offer 321 Lower Heidelberg Road, Ivanhoe East for sale by Expressions of Interest (EOI) closing Wednesday 14th of December at 3pm.
Located high on the hill atop of Ivanhoe East, this prime parcel of land has undeniable development potential (STCA). An extremely unique offering that rarely comes to market, the site benefits from three street frontages totalling in excess of 160 metres and is superbly located to all amenity just 12 kilometres from Melbourne s CBD. The property has existing improvements of former church buildings, tennis courts and a house. All are in good condition and are still being utilised making this a flexible offering suitable for a number of uses.
Key features of this prime parcel include:
The size of Ivanhoe East is approximately 2.1 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Ivanhoe East in 2016 was 3815 people. By 2021 the population was 3762 showing a population decline of 1.4% in the area during that time. The predominant age group in Ivanhoe East is 50-59 years. Households in Ivanhoe East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe East work in a professional occupation.In 2021, 78.50% of the homes in Ivanhoe East were owner-occupied compared with 78.20% in 2016.
Ivanhoe East has 2,027 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 26.37% increase in median value, while Units have seen a 10.29% increase. As at 31 January 2026:
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