Fraud Blocker

Ivanhoe East, VIC 3079

Home » VIC Real Estate Data » Banyule City, VIC » Ivanhoe East, VIC 3079

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Ivanhoe East, VIC 3079 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Ivanhoe East, VIC 3079”

  1. The total adult population (15 years or older) of Ivanhoe East 3079 VIC is 3,167, with a median age of 45. Of those, 56.02% are married, 7.51% are divorced or separated, 32.52% are single and 4.17% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $14,848. The median monthly mortgage repayment for households in this suburb is $3,000 which is 20.20% of their earnings.

    Source: ABS Census Data (2021)

  2. Overview:

    Nestled in the state of Victoria, Ivanhoe East 3079 is a sophisticated suburb with approximately 1,692 households. As of Q3 of 2023, the housing market segment in this area is showing some interesting dynamics. With typical house prices at $2,403,811 and median weekly rents at $703, this produces an indicative yield of 1.52%. This yield may be slightly below the target 3% for cashflow-focused investors, but one must remember that the value of investments can go up or down and it may still bring potential benefits in the long term.

    Detailed Analysis:

    Delving deeper into the socio-economic elements of Ivanhoe East 3079, the suburb impresses with a substantial IRSAD score of 1150 out of 1217, signalling a high socio-economic status with residents likely having good access to income and housing resources. Adding to the charm for potential buyers, the neighbourhood enjoys a low renter to owner ratio of just 19%, bringing a sense of stability to the area.

    With a focus on family-friendly living, the market also boasts a low units to houses ratio of 24%, indicating a greater presence of houses over units, apartments, or studios. This often aids in cultivating a robust and steady rental market with less competition among landlords for tenants. However, the suburb’s high Affordability Index, standing at 63 years, may indicate a lesser degree of affordability which could potentially limit the pool of prospective buyers.

    In terms of supply metrics, Ivanhoe East scores well with a low stock on market Percentage of 0.18% pointing to a limited supply in the market, which in turn can potentially increase property prices. This is further reinforced by the suburb’s low inventory level of 0.69 months, suggesting a rapid absorption of new listings into the market. Furthermore, the relatively low building approvals Ratio of 0.37% portrays a controlled introduction of new stock into the market.

    From a demand perspective, the average number of days properties spend in the market stands at just 20 days, implying high demand for properties in the area. In addition, the combined vacancy rate for houses and units is 2.74%, which indicates a fairly balanced demand in the rental market. Finally, the buy search index for houses, at par with the state average, suggests a steady interest among buyers for properties in Ivanhoe East 3079.

    In conclusion, the suburb of Ivanhoe East 3079 exhibits a blend of favourable and suboptimal real estate market indicators. Even though the affordability index might be a concern for some investors, the market presents potential investment merits with a majority of the metrics leaning towards favourable conditions. To explore the true potential of the suburb, it’s advisable to continuously monitor the market trends and indicators. HtAG Analytics’ proprietary Relative Composite Score (RCS) could be a handy tool, combining multiple metrics to guide you through your property investment journey.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment