Ivanhoe

Population growth drivers in Ivanhoe are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Based on AreaSearch's analysis, Ivanhoe's population is around 13,825 as of Feb 2026. This reflects an increase of 1,367 people (11.0%) since the 2021 Census, which reported a population of 12,458 people. The change is inferred from the estimated resident population of 13,151 from the ABS as of June 2024 and an additional 190 validated new addresses since the Census date. This population level equates to a density ratio of 2,737 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Ivanhoe's 11.0% growth since the 2021 census exceeded the SA3 area (8.1%) and the national average, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed approximately 93.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Looking at population projections moving forward, exceptional growth, placing in the top 10 percent of national areas, is predicted over the period with the area expected to grow by 5,883 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 37.7% in total over the 17 years.

AreaSearch assessment of residential approval activity sees Ivanhoe among the top 30% of areas assessed nationwide

Ivanhoe has seen around 107 new homes approved annually, totalling 536 homes over the past 5 financial years. So far in FY-26, 33 approvals have been recorded. At an average of just 0.5 new residents per year arriving per new home over the past 5 financial years (between FY-21 and FY-25), supply is meeting or surpassing demand, providing greater buyer choice while supporting potential for population growth above projections. New properties are constructed at an average value of $516,000, revealing that developers are targeting the premium market segment with higher-end properties. Additionally, $62.7 million in commercial development approvals have been recorded this financial year, indicating strong commercial development momentum.

When measured against Greater Melbourne, Ivanhoe records somewhat elevated construction (25.0% above regional average per person over the 5 year period), preserving reasonable buyer options while sustaining existing property demand. Recent construction comprises 19.0% detached dwellings and 81.0% attached dwellings. This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers. This marks a significant departure from existing housing patterns (currently 55.0% houses), suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. With around 108 people per dwelling approval, Ivanhoe shows characteristics of a growth area.

Population forecasts indicate Ivanhoe will gain 5,209 residents through to 2041 (from the latest AreaSearch quarterly estimate). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Ivanhoe has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 26 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Riverbend Ivanhoe, Austin Health Heidelberg Repatriation Hospital Redevelopment, The Mills Alphington, and Ivanhoe Aquatic Centre Redevelopment Stage 2, with the list below detailing those likely to be of most relevance.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Ivanhoe performing better than 85% of local markets assessed across Australia

Ivanhoe possesses a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 2.1%, and 1.1% in estimated employment growth over the past year. As of December 2025, 7,995 residents are in work while the unemployment rate is 2.6% below Greater Melbourne's rate of 4.8%, and workforce participation is on par with Greater Melbourne's 71.3%. Based on Census responses, a high 46.2% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Employment among residents is concentrated in health care & social assistance, professional & technical, and education & training. The area demonstrates a particularly notable concentration in professional & technical, with employment levels at 1.4 times the regional average. Conversely, construction is under-represented, with only 6.3% of Ivanhoe's workforce compared to 9.7% in Greater Melbourne. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 1.1% and the labour force increased by 1.4%, causing the unemployment rate to rise by 0.3 percentage points. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%, with a 0.3 percentage point rise. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Ivanhoe. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Ivanhoe's employment mix suggests local employment should increase by 7.3% over five years and 14.8% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

The Ivanhoe SA2's income level is exceptionally high nationally according to the latest ATO data aggregated by AreaSearch for FY-23. The Ivanhoe SA2's median income among taxpayers is $69,147 and the average income stands at $107,814, which compares to figures for Greater Melbourne's of $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $74,852 (median) and $116,709 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Ivanhoe, between the 82nd and 85th percentiles nationally. Income analysis reveals the predominant cohort spans 28.5% of locals (3,940 people) in the $1,500 - 2,999 category, consistent with broader trends across the region showing 32.8% in the same category. Economic strength emerges through 38.2% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.0% of income while strong earnings rank residents within the 83rd percentile for disposable income and the area's SEIFA income ranking places it in the 9th decile.

Ivanhoe displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Dwelling structure within Ivanhoe, as evaluated at the latest Census, comprised 55.1% houses and 44.8% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Ivanhoe was well beyond that of Melbourne metro, at 37.2%, with the remainder of dwellings either mortgaged (31.1%) or rented (31.7%). The median monthly mortgage repayment in the area was well above the Melbourne metro average at $2,500, while the median weekly rent figure was recorded at $440, compared to Melbourne metro's $2,000 and $390. Nationally, Ivanhoe's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.

Ivanhoe has a typical household mix, with a lower-than-average median household size

Family households dominate at 68.7% of all households, comprising 32.4% couples with children, 26.7% couples without children, and 8.6% single parent families. Non-family households make up the remaining 31.3%, with lone person households at 28.1% and group households comprising 3.3% of the total. The median household size of 2.4 people is smaller than the Greater Melbourne average of 2.6.

Educational achievement in Ivanhoe places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational attainment in Ivanhoe significantly surpasses broader benchmarks, with 53.8% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 32.8% in the SA4 region. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 32.6%, followed by postgraduate qualifications (15.5%) and graduate diplomas (5.7%). Vocational pathways account for 19.3% of qualifications among those aged 15+; advanced diplomas (9.3%) and certificates (10.0%).

Educational participation is notably high, with 28.8% of residents currently enrolled in formal education. This includes 8.4% in tertiary education, 8.2% in primary education, and 7.3% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis reveals 58 active transport stops operating within Ivanhoe, comprising a mix of buses. These stops are serviced by 9 individual routes, collectively providing 3,005 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 200 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 76%, with 10% by train and 6% walking. Vehicle ownership averages 1.2 per dwelling. A high 46.2% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 429 trips per day across all routes, equating to approximately 51 weekly trips per individual stop.

Ivanhoe's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Ivanhoe, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts see low prevalence of common health conditions, and the rate of private health cover is exceptionally high at approximately 74% of the total population (10,230 people). This compares to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions in the area are mental health issues and asthma, impacting 8.1% and 7.0% of residents, respectively, while 71.2% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Working-age residents are notably healthy with low chronic condition prevalence. The area has 21.5% of residents aged 65 and over (2,966 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Ivanhoe was found to be above average when compared nationally for a number of language and cultural background related metrics

Ivanhoe is more culturally diverse than the vast majority of local markets, with 27.5% of its population born overseas and 23.8% speaking a language other than English at home. The main religion in Ivanhoe is Christianity, which makes up 44.9% of the population. However, the most apparent overrepresentation is in Judaism, which comprises 0.3% of the population, compared to 1.0% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Ivanhoe are English, comprising 21.8% of the population, Australian, comprising 18.8% of the population, and Irish, comprising 10.4% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Italian is notably overrepresented at 8.1% of Ivanhoe (vs 5.2% regionally), Greek at 4.4% (vs 2.7%) and Macedonian at 0.9% (vs 0.7%).

Ivanhoe's population is slightly older than the national pattern

At 41 years, Ivanhoe's median age is significantly above the Greater Melbourne average of 37 as well as somewhat older than the Australian median of 38. Compared to the Greater Melbourne average, the 65 - 74 cohort is notably over-represented (11.1% locally), while 25 - 34 year-olds are under-represented (13.2%). Following the 2021 Census, the 75 to 84 age group has grown from 5.2% to 7.4% of the population. Conversely, the 5 to 14 cohort has declined from 10.9% to 9.2%. Demographic modeling suggests Ivanhoe's age profile will evolve significantly by 2041. The 75 to 84 cohort shows the strongest projected growth at 98%, adding 1,011 residents to reach 2,040.