Ivanhoe Property Market Overview (2026)
Ivanhoe sits in the affordable outer-suburban market. This is value territory. Prices are lower than inner Melbourne because the suburb is still developing its amenity base, but growth corridors tend to appreciate as infrastructure catches up.
Price Estimates
| Property Type | Estimated Median | Monthly Mortgage (est.)* |
|---|---|---|
| House | $550K–$850K | $2,200–$3,400 |
| Unit/Apartment | $350K–$500K | $2,000–$3,000 |
Estimates based on Ivanhoe’s market positioning. Mortgage estimates assume 20% deposit, 6.5% variable rate, 30-year term. For current sales data, check REIV or Domain.
What Drives Property Value in Ivanhoe
Property prices in any suburb reflect three things: what is already there, what is coming, and how easy it is to get to the CBD. Here is how Ivanhoe stacks up:
| Amenity Factor | Ivanhoe | Impact on Value |
|---|---|---|
| Schools | 10 | Strong — school zones drive family demand |
| Parks | 28 | High — green space is a premium driver |
| Dining & Cafes | 14 | Growing |
| Medical | 14 | Strong — healthcare proximity matters |
| Supermarkets | 0 | None — drives value down |
| Gyms & Fitness | 7 | Active lifestyle suburb |
Total amenity score: 87. Solid infrastructure that supports steady demand.
Schools (Key Value Driver)
Ivanhoe has 10 schools — school zone boundaries are one of the strongest price drivers in Melbourne property:
| School | Address |
|---|---|
| The Austin School | — |
| Mary Immaculate School | 7 Rockbeare Grove |
| Ivanhoe Grammar School | 41 The Ridgeway |
| Ivanhoe Primary School | 124 Waterdale Road |
| Ivanhoe East Primary School | 35 Warncliffe Road, Ivanhoe East |
| Alphington Primary School | 26 Yarralea Street |
| St Bernadette’s School | 53 Stanley Street |
| Waratah Special Development School | 228 Banksia Street |
Check zone boundaries at findmyschool.vic.gov.au.
Rental Market
| Unit Type | Weekly Rent (est.) |
|---|---|
| 1 Bedroom | $260–$360 |
| 2 Bedroom | $350–$450 |
| 3 Bedroom | $450–$600 |
Rental yield estimate: 4.5–5.5% (higher yields in more affordable suburbs).
See our detailed Cost of Living Guide for full cost breakdown.
Before You Buy in Ivanhoe
- Check school zones — findmyschool.vic.gov.au determines your designated school
- Review planning overlays — heritage, flood, bushfire at your local council
- Check flood risk — planning.vic.gov.au
- Attend auctions — quoted ranges in Ivanhoe are guides, not guarantees
- Get a building inspection — non-negotiable for any house purchase
- Talk to locals — knock on a neighbour’s door. They will tell you what agents won’t
Key Links for Ivanhoe Property Research
- Domain — current listings and recent sales
- realestate.com.au — price history and suburb profiles
- REIV — quarterly median prices (the official data)
- ABS Census — population and demographic data
Related Guides
- Best Restaurants in Ivanhoe
- Best Cafes in Ivanhoe
- Best Bars in Ivanhoe
- Cost of Living in Ivanhoe
- Ivanhoe Neighbourhood Guide
- Family Guide to Ivanhoe
- Is Ivanhoe Safe?
- Ivanhoe Transport Guide
Last updated: March 2026. This guide is refreshed when OpenStreetMap data changes — new openings, closures and corrections are reflected automatically. Found something wrong? Let us know.
Sources
- OpenStreetMap Contributors — openstreetmap.org — accessed March 2026
- ABS Census 2021 — abs.gov.au/census
- REIV Quarterly Median Prices — reiv.com.au
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