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

Ivanhoe's population, as per AreaSearch's analysis, was approximately 13,191 by November 2025. This figure represents an increase of 733 people, a 5.9% rise from the 2021 Census count of 12,458 individuals. 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 other locations assessed by AreaSearch. The area's growth rate of 5.9% since the 2021 census surpassed that of the SA3 area (5.1%), indicating it as a growth leader within its region. Population growth was predominantly driven by overseas migration, contributing approximately 93.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilizes the VIC State Government's Regional/LGA projections from 2023, adjusted using a weighted aggregation method from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, exceptional growth is predicted over this period, with the area expected to grow by 5,883 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 44.3% over the 17 years.

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, 29 approvals have been recorded. On average, 0.5 new residents arrive per year for each new home built between FY21 and FY25, indicating that supply is meeting or exceeding demand. The average construction value of new properties is $516,000, suggesting developers are targeting the premium market segment with higher-end properties.

In FY26, $62.7 million in commercial development approvals have been recorded, showing strong commercial development momentum. Compared to Greater Melbourne, Ivanhoe has seen elevated construction activity, at 25.0% above the regional average per person over the past five years. Recent construction comprises 19.0% detached dwellings and 81.0% attached dwellings, marking a significant shift from existing housing patterns of 55.0% houses. This focus on higher-density living creates more affordable entry points for downsizers, investors, and first-home buyers. Population forecasts indicate Ivanhoe will gain 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.

Ivanhoe has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 26 projects likely impacting the area. Notable ones include Riverbend Ivanhoe, Austin Health Heidelberg Repatriation Hospital Redevelopment, The Mills Alphington, and Ivanhoe Aquatic Centre Redevelopment Stage 2. Below is a list of most relevant projects.

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 has an educated workforce with professional services well-represented. As of September 2025, its unemployment rate is 2.0%.

Over the past year, employment stability has been relative. In September 2025, 7,928 residents were employed while the unemployment rate was 2.7% lower than Greater Melbourne's 4.7%. Workforce participation was 66.5%, slightly higher than Greater Melbourne's 64.1%. Employment is concentrated in health care & social assistance, professional & technical services, and education & training.

Notably, professional & technical employment is at 1.4 times the regional average. However, construction employment is under-represented at 6.3% compared to Greater Melbourne's 9.7%. Local employment opportunities appear limited as indicated by Census data. Between September 2024 and September 2025, employment levels increased by 0.3% while labour force grew by 0.2%, keeping unemployment relatively stable at 2.0%. In contrast, Greater Melbourne saw employment growth of 3.0% and labour force growth of 3.3%, with a slight rise in unemployment to 4.7%. State-wide, Victoria's employment grew by 1.13% year-on-year as of 25-Nov-25, adding 41,950 jobs, with an unemployment rate of 4.7%. Nationally, employment growth was 0.14%, and the unemployment rate was 4.3%. Jobs and Skills Australia's forecasts suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Ivanhoe's employment mix indicates local employment should increase by 7.3% over five years and 14.8% over ten years, though this is a simple extrapolation for illustrative purposes and does not account for localized population projections.

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

The median income among taxpayers in Ivanhoe SA2 was $66,123 in financial year 2022. The average income stood at $113,928 during the same period. These figures compare to those for Greater Melbourne of $54,892 and $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates would be approximately $74,164 (median) and $127,782 (average) as of September 2025. Census data reveals that household, family and personal incomes in Ivanhoe rank highly nationally, between the 82nd and 85th percentiles. Income analysis shows that the predominant cohort spans 28.5% of locals, equating to 3,759 people, within the $1,500 - 2,999 income category. This is consistent with broader trends across the region where 32.8% fall into 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 while strong earnings rank residents within the 83rd percentile for disposable income. The area's SEIFA income ranking places it in the 9th decile.

Ivanhoe displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

The dwelling structure in Ivanhoe, as per the latest Census evaluation, consisted of 55.1% houses and 44.8% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 76.0% houses and 24.0% other dwellings. Home ownership in Ivanhoe was at 37.2%, similar to Melbourne metro's level. The remaining dwellings were either mortgaged (31.1%) or rented (31.7%). The median monthly mortgage repayment in the area was $2,500, higher than Melbourne metro's average of $2,167. The median weekly rent figure in Ivanhoe was recorded at $440, compared to Melbourne metro's $399. Nationally, Ivanhoe's median mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

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

Family households comprise 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 account for 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, which is smaller than the Greater Melbourne average of 2.5.

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. As of 2016, 53.8% of residents aged 15+ held university qualifications compared to Australia's 30.4% and the SA4 region's 32.8%. Bachelor degrees were the most common at 32.6%, followed by postgraduate qualifications (15.5%) and graduate diplomas (5.7%). Vocational pathways accounted for 19.3% of qualifications among those aged 15+, with advanced diplomas at 9.3% and certificates at 10.0%.

Educational participation was notably high, with 28.8% of residents currently enrolled in formal education as of 2016. This included 8.4% in tertiary education, 8.2% in primary education, and 7.3% pursuing secondary education.

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

The analysis shows that Ivanhoe has 57 active public transport stops operating within its boundaries. These include a mix of train and bus services. The stops are served by 10 individual routes in total, which collectively facilitate 4,601 weekly passenger trips.

The report rates transport accessibility as good, with residents typically located around 200 meters from the nearest stop. On average, service frequency is 657 trips per day across all routes, equating to roughly 80 weekly trips per individual stop.

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 age groups, with low prevalence rates for common health conditions. The area has a notably high private health cover rate of approximately 78% (10,223 people), which is higher than Greater Melbourne's 60.3%. Nationally, the average stands at 55.3%.

Mental health issues and asthma are the most prevalent medical conditions in Ivanhoe, affecting 8.1% and 7.0% of residents respectively. A total of 71.2% of residents report no medical ailments, compared to 69.3% across Greater Melbourne. The area has a senior population (aged 65 and over) of 20.6%, comprising 2,719 people. Health outcomes among seniors align closely with the general population's health profile in Ivanhoe.

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's population showed high diversity with 27.5% born overseas and 23.8% speaking languages other than English at home. Christianity was the predominant religion, comprising 44.9%. Judaism was overrepresented in Ivanhoe at 0.3%, compared to Greater Melbourne's 0.2%.

Top ancestry groups were English (21.8%), Australian (18.8%), and Irish (10.4%). Italian, Greek, and Macedonian ethnicities showed notable divergences with Italians at 8.1% (regional: 7.7%), Greeks at 4.4% (3.0%), and Macedonians at 0.9% (1.1%).

Ivanhoe's population is slightly older than the national pattern

Ivanhoe's median age is 41 years, which is higher than Greater Melbourne's average of 37 and slightly older than Australia's median of 38. Compared to Greater Melbourne, Ivanhoe has a notably higher proportion of individuals aged 65-74 (10.9%) and a lower proportion of those aged 25-34 (13.6%). According to the 2021 Census, the population aged 75 to 84 grew from 5.2% to 6.9%, while the age group 5 to 14 declined from 10.9% to 9.6%. By 2041, Ivanhoe's demographic profile is expected to change significantly. The 75-84 age cohort is projected to grow by 123%, adding 1,124 residents to reach a total of 2,040.