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Sales Activity
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Sales Detail
Population
Ivanhoe lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Ivanhoe's population, as of November 2025, is approximately 13,191 people. This figure represents an increase of 733 individuals since the 2021 Census, which reported a population of 12,458. The change is inferred from the estimated resident population of 13,172 in June 2024 and an additional 162 validated new addresses since the Census date. This results in a population density ratio of 2,612 persons per square kilometer, placing Ivanhoe in the upper quartile relative to national locations assessed by AreaSearch. The growth rate of 5.9% since the 2021 census exceeds that of the SA3 area at 5.1%, indicating Ivanhoe as a growth leader in the region. Overseas migration contributed approximately 93.7% of overall population gains during recent periods, driving primary growth for the area.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. Looking ahead, exceptional growth is predicted for Ivanhoe over the period, placing it in the top 10 percent of national areas. Based on the latest population numbers, the area is expected to grow by 5,883 persons to 2041, reflecting an increase of 44.3% in total over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Ivanhoe among the top 30% of areas assessed nationwide
Ivanhoe has seen approximately 107 new homes approved annually over the past five financial years, totalling 536 homes. As of FY26, 26 approvals have been recorded. On average, 0.5 new residents per year arrive for each new home approved between FY21 and FY25, indicating that supply is meeting or exceeding demand. The average construction value of these new properties is $516,000, suggesting developers are targeting the premium market segment.
In FY26, commercial development approvals totalled $62.7 million, demonstrating strong commercial development momentum. Compared to Greater Melbourne, Ivanhoe has seen elevated construction activity, with 25.0% more dwellings approved per person over the past five years. Recent construction comprises 19.0% detached dwellings and 81.0% attached dwellings, marking a shift from the current housing pattern of 55.0% houses. This focus on higher-density living creates more affordable entry points for downsizers, investors, and first-home buyers. With around 108 people per dwelling approval, Ivanhoe is considered a low density area.
Population forecasts indicate Ivanhoe will gain approximately 5,843 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Ivanhoe has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 26 projects that may impact the area. Key projects include Candela Ivanhoe, Riverbend Ivanhoe, The Mills Alphington, and Ivanhoe Aquatic Centre Redevelopment Stage 2. Below is a list detailing those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Austin Health Heidelberg Repatriation Hospital Redevelopment
Major $750m+ redevelopment of the former Repatriation Hospital site into a new integrated clinical services hub for Austin Health, including mental health, sub-acute, and veteran services.
Austin Hospital Emergency Department Expansion
Victorian Government-funded $275 million expansion of the Austin Hospital Emergency Department in Heidelberg. The project will deliver 29 additional treatment spaces, a dedicated paediatric emergency area, expanded short-stay unit, new clinical administration areas, and a double-height public foyer with cafe and retail offerings. Early works commenced in 2024, main construction is underway and completion is scheduled for 2028.
Alphington Village (Time & Place)
Major mixed-use development on former Amcor Paper Mill site featuring 632 build-to-rent apartments, 150 affordable housing units, 25,000sqm retail/commercial space including Coles supermarket, childcare centre, community facilities, and village square. Six towers ranging 5-14 levels with extensive amenities.
The Mills Alphington
A proposed mixed-use precinct on the former Alphington Paper Mill site featuring up to 1,000 apartments, retail spaces, and public open space, designed by Rothelowman and developed by Cedar Woods.
Ivanhoe Library and Cultural Hub
State-of-the-art community facility integrated with the heritage-listed Ivanhoe Town Hall, providing a modern library, art gallery, conference and meeting spaces, maternal and child health suites, a small theatrette and a cafe. Construction commenced in 2019 and the hub opened in 2020/2021.
Heidelberg Structure Plan Implementation
Planning Scheme Amendment C172 implementing new height limits and urban design provisions for Heidelberg Major Activity Centre. Includes mandatory and discretionary height limits, with some areas increased by two storeys. Part of State Government's Activity Centres Program.
Ivanhoe Aquatic Centre Redevelopment Stage 2
Stage 2 upgrade to Ivanhoe Aquatic & Fitness Centre to address ageing aquatic infrastructure. Scope includes fixing and upgrading the existing 25m pool, a new learn-to-swim program pool, a 20m warm water therapy pool, interactive leisure water play, relocation and upgrades to spa, sauna and a new steam room, plus new accessible changerooms. The design targets an all-electric, 5 Star Green Star outcome and supports Council's net zero goals.
Paper House Alphington
A premium boutique residential development of 79 architect-designed apartments and townhouses within the YarraBend masterplan, featuring heritage mill facade retention and riverfront parkland.
Employment
AreaSearch analysis of employment trends sees Ivanhoe performing better than 90% of local markets assessed across Australia
Ivanhoe has a highly educated workforce with strong representation in professional services. Its unemployment rate was 1.8% as of June 2025.
This is lower than Greater Melbourne's rate of 4.6%. Employment growth over the past year was estimated at 1.8%. There were 7,984 residents employed in Ivanhoe by June 2025, with a workforce participation rate of 66.5%, similar to Greater Melbourne's 64.1%. Key employment sectors include health care & social assistance, professional & technical services, and education & training.
Notably, professional & technical services have an employment level 1.4 times the regional average. However, construction is under-represented with only 6.3% of Ivanhoe's workforce compared to Greater Melbourne's 9.7%. Employment opportunities locally may be limited as indicated by Census data comparing working population and resident population. Between June 2024 and June 2025, employment levels increased by 1.8%, labour force grew by 1.5%, and unemployment rate fell by 0.3 percentage points in Ivanhoe. In contrast, Greater Melbourne saw employment growth of 3.5% and labour force growth of 4.0%, with a rise in unemployment rate by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Ivanhoe's employment mix suggests local growth of approximately 7.3% over five years and 14.8% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Ivanhoe's median income among taxpayers was $66,123 in financial year 2022. The average income stood at $113,928 during the same period. This compares to figures for Greater Melbourne of $54,892 and $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, estimates as of September 2025 would be approximately $74,164 (median) and $127,782 (average). Census data shows household, family and personal incomes in Ivanhoe rank highly nationally, between the 82nd and 85th percentiles. Income analysis reveals that 28.5% of locals (3,759 people) fall into the $1,500 - 2,999 income category. This is consistent with broader trends across the region showing 32.8% in the same category. Economic strength is evident through 38.2% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.0% of income. Ivanhoe residents rank within the 84th percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
Ivanhoe displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
Dwelling structure in Ivanhoe, as evaluated at the latest Census held in 2016, comprised 55.1% houses and 44.8% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In comparison, Melbourne metropolitan area had 76.0% houses and 24.0% other dwellings. Home ownership in Ivanhoe was at 37.2%, similar to Melbourne metro's figure. The remaining dwellings were either mortgaged (31.1%) or rented (31.7%). As of the latest data from 2021, the median monthly mortgage repayment in Ivanhoe was $2,500, higher than Melbourne metro's average of $2,167. The median weekly rent figure for Ivanhoe was recorded at $440 in 2021, compared to Melbourne metro's $399. Nationally, Ivanhoe's mortgage repayments were significantly higher than the Australian average of $1,863 as of 2021, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Ivanhoe has a typical household mix, with a lower-than-average median household size
Family households account for 68.7% of all households, including 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%. The median household size is 2.4 people, smaller than Greater Melbourne's average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Educational achievement in Ivanhoe places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community
Ivanhoe's educational attainment is notably high, with 53.8% of residents aged 15 and above holding university qualifications. This exceeds the national average of 30.4% and the SA4 region average of 32.8%. The most common qualification is bachelor degrees (32.6%), followed by postgraduate qualifications (15.5%) and graduate diplomas (5.7%). Vocational pathways account for 19.3%, with advanced diplomas at 9.3% and certificates at 10.0%.
Educational participation is 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. Ivanhoe has five schools with a combined enrollment of 4,153 students. The area's educational performance is high (ICSEA: 1159), indicating that local schools are among the most advantaged nationally. The educational mix includes three primary schools and two K-12 schools. Ivanhoe functions as an education hub with 31.5 school places per 100 residents, significantly above the regional average of 18.4. This attracts students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of Ivanhoe's public transport system shows that there are currently 57 active transport stops in operation. These stops offer a mix of train and bus services. The system is served by 10 individual routes, which together facilitate approximately 4601 weekly passenger trips.
The accessibility of the transport network is considered good, with residents usually located about 200 meters from their nearest transport stop. On average, service frequency across all routes stands at around 657 trips per day, translating to roughly 80 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Ivanhoe is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions
Ivanhoe shows superior health outcomes for both younger and older populations, with low prevalence rates for common conditions. Approximately 78% of its total population of 10,223 have private health cover, higher than Greater Melbourne's 60.3%. Nationally, the average is 55.3%.
Mental health issues affect 8.1%, and asthma impacts 7.0% of residents in Ivanhoe, with 71.2% reporting no medical ailments, compared to 69.3% across Greater Melbourne. The area has 20.6% seniors aged 65 and over (2,719 people). Health outcomes among seniors align closely with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Ivanhoe was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Ivanhoe's population showed higher cultural diversity than most local markets, with 27.5% born overseas and 23.8% speaking a language other than English at home. Christianity was the predominant religion in Ivanhoe, comprising 44.9% of its population. Notably, Judaism was slightly overrepresented compared to Greater Melbourne, making up 0.3% versus 0.2%.
The top three ancestral groups were English (21.8%), Australian (18.8%), and Irish (10.4%). Other ethnic groups with notable divergences included Italians at 8.1% in Ivanhoe versus 7.7% regionally, Greeks at 4.4% versus 3.0%, and Macedonians at 0.9% versus 1.1%.
Frequently Asked Questions - Diversity
Age
Ivanhoe's median age exceeds the national pattern
Ivanhoe's median age is 41 years, which is notably higher than Greater Melbourne's average of 37 and slightly older than Australia's median of 38. Compared to the Greater Melbourne average, Ivanhoe has a significantly higher percentage of individuals aged 65-74 (10.9% locally), but a lower percentage of those aged 25-34 (13.6%). According to the 2021 Census, the age group of 75 to 84 years has increased from 5.2% to 6.9% of Ivanhoe's population, while the age group of 5 to 14 years has decreased from 10.9% to 9.6%. Demographic projections indicate that Ivanhoe's age profile will change significantly by 2041, with the strongest growth expected in the 75-84 age cohort, which is projected to grow by 123%, adding 1,124 residents to reach a total of 2,040.