7/198 Lower Heidelberg RoadIvanhoe East VIC 3079
Property Details for 7/198 Lower Heidelberg Rd, Ivanhoe East
7/198 Lower Heidelberg Rd, Ivanhoe East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (July 2022)
Exclusive Penthouse Next to East Ivanhoe Village
Positioned in a premium location this stunning residence is part of a small boutique development which has been exceptionally designed, highlighted by the soaring 12" ceiling height and luxurious fixtures and fittings throughout.
This chic single level penthouse features a spacious open plan living/dining area drenched in an abundance of natural light which seamlessly connects to a large north facing balcony, which is further complemented by the spectacular kitchen equipped with stone bench tops, SMEG appliances and glass splashback plus ample storage, making it ideal for year-round entertaining of family and friends.
Accommodation is comprised of a generously sized master bedroom with built in robes, ensuite and a private balcony, whilst two additional robed bedrooms are serviced by the stylish central bathroom with oversized shower.
Other standout features further enhancing this stunning apartment include fully ducted Daikin reverse cycle air conditioning, dark Oak timber flooring, dual side by side basement parking and excess storage cage.
This outstanding location is adjacent to the East Ivanhoe Village with its wide range of cafes, restaurants, supermarket & shops. It is also within close proximity to Ivanhoe Grammar School and Ivanhoe Girls Grammar School, Chelsworth parklands with walking trails along the Yarra River, Bus route or Ivanhoe Train Station, The Austin and Mercy Hospital precinct plus easy access to the Eastern Freeway and only 10km (approx) from the Melbourne CBD.
This unique property is often sought but rarely found.
Property History for 7/198 Lower Heidelberg Rd, Ivanhoe East, VIC 3079
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0About Ivanhoe East 3079
The size of Ivanhoe East is approximately 2.1 square kilometres. There are 4 parks, covering nearly 27.1% of the 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 2,002 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 6.15% increase in median value, while Units have seen a 1.78% increase. As at 30 April 2026:
- The median value for Houses in Ivanhoe East is $2,413,686 while the median value for Units is $819,792.
- Houses have a median rent of $875 while Units have a median rent of $575.
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