8/198 Lower Heidelberg Road, Ivanhoe East, VIC 3079 | Property Value & History | OnTheHouse
OFF MARKET

8/198 Lower Heidelberg Road
Ivanhoe East VIC 3079

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 976m2
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Property Details for 8/198 Lower Heidelberg Rd, Ivanhoe East

8/198 Lower Heidelberg Rd, Ivanhoe East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 976m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2011
Floor Size
114m2
Land Size
976m2
Local Government
Banyule
Lot/Plan
8/PS625562

Last Listing description (January 2017)

A sublime example of custom built genius, exhibiting space via soaring 11 ceilings, and an abundance of natural light with lavish appointments-EI Apartments has set the standard. Located adjacent to the vibrant East Ivanhoe village, this as new North facing entertainer's Penthouse, offers a rare opportunity to secure a home that places an emphasis on indoor/outdoor family entertaining, complete with lift access, security intercom & basement parking for 2 cars.
Located on the top level of this exclusive boutique complex of just 10 residences, this 3 bedroom/2 bathroom Penthouse has been designed & built for those who expect the best. Spanning one single level, this showpiece residence features glorious open plan living and entertaining areas, highlighted by a gourmet kitchen, serviced by stone benches with waterfall breakfast bar, SMEG stainless steel appliances & glass splashback. The spacious light filled living/dining area opens out through bi-fold stacker doors onto the entertainer's balcony providing a premium northerly aspect with all its benefits. The three generous oversized bedrooms each include built in robes, whilst the master bedroom features double built in robes, private en-suite with shower, toilet and large vanity. The Central family sized bathroom with oversize shower & stone vanity plus functional laundry complete this cutting edge, contemporary design.
Essential Luxury extras include:

- 116sqm internal floorplan plus 15sq.m balcony
- Up to 11' raked ceilings
- SMEG appliances
- Daikin fully ducted reverse cycle Air Conditioning
- Quality chocolate hardwood timber floors
- 100% Australian wool carpets in bedrooms
- Travertine porcelain full height tiling in bathrooms
- Basement Storage cage
- Window coverings & planter boxes
- Flexible terms
Within walking distance to the ever popular Yarra parklands / golf course/tennis club and in close proximity to elite local schooling (Ivanhoe Grammar & Ivanhoe Girls Grammar), Train Stations, Bus Routes, shops, cafes and restaurants, this superb designer residence will not last long.

Property History for 8/198 Lower Heidelberg Rd, Ivanhoe East, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$900,000
10 Jun 2016
  • 10 Jun 2016
    Sold for $900,000
  • 23 Oct 2015
    Listed for Sale Contact agent for details
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About Ivanhoe East 3079

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 2,025 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 33.61% increase in median value, while Units have seen a 12.78% increase. As at 30 November 2025:

  • The median value for Houses in Ivanhoe East is $2,654,360 while the median value for Units is $821,032.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently 1 property listed for sale, and no properties listed for rent in Ivanhoe east on OnTheHouse. According to Cotality's data, 90 properties were sold in the past 12 months in Ivanhoe east.

Suburb Insights for Ivanhoe East 3079

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.