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 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 level of population 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 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 that contributed 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 2022 as the base year. For areas not covered by this data, AreaSearch utilises 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 applied across all areas for years 2032 to 2041. Population projections indicate exceptional growth, placing Ivanhoe in the top 10 percent of national areas, with an expected increase of 5,883 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 37.7% 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, 30 approvals have been recorded. On average, 0.5 new residents per year arrive for each new home built 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 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, 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 significant shift from existing housing patterns (currently 55.0% houses). This focus on higher-density living creates more affordable entry points and caters to downsizers, investors, and first-home buyers. With around 108 people per dwelling approval, Ivanhoe is considered a growth area.

By 2041, Ivanhoe's population is forecasted to increase by 5,209 residents (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

Changes in local infrastructure significantly affect an area's performance. AreaSearch identified 26 projects likely impacting the region. 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. The unemployment rate is 2.0% as of September 2025. This rate is below Greater Melbourne's 4.7%, and workforce participation matches Greater Melbourne's 71.0%.

Home workership stands at 46.2%, potentially influenced by Covid-19 lockdowns. Key employment sectors are health care & social assistance, professional & technical services, and education & training. Notably, the area has a high concentration in professional & technical jobs, at 1.4 times the regional average. Conversely, construction is under-represented with only 6.3% of Ivanhoe's workforce compared to Greater Melbourne's 9.7%.

Local employment opportunities appear limited due to the predominantly residential nature of the area. Between September 2024 and September 2025, employment levels increased by 0.3%, while labour force grew by 0.2%, maintaining a stable unemployment rate. In contrast, Greater Melbourne saw employment growth of 3.0% and labour force growth of 3.3%, with a rise in unemployment rate of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia indicate potential future demand within Ivanhoe. Over five years to May-25, national employment is projected to expand by 6.6%. Applying these projections to Ivanhoe's employment mix suggests local employment should increase by 7.3% over the same period. For ten years, national employment growth is forecast at 13.7%, translating to a potential 14.8% increase in Ivanhoe's employment levels.

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

The median income of taxpayers in Ivanhoe SA2 was $69,147 in financial year 2023. The average income stood at $107,814 during the same period. These figures are higher than those for Greater Melbourne, which had a median income of $57,688 and an average income of $75,164. By September 2025, estimates suggest the median income in Ivanhoe SA2 could reach approximately $74,852, with the average income potentially increasing to around $116,709, based on Wage Price Index growth of 8.25%. Census data indicates that household, family, and personal incomes in Ivanhoe rank between the 82nd and 85th percentiles nationally. Income analysis shows that 28.5% of locals (3,940 people) fall into the $1,500 - 2,999 income category. This is consistent with broader trends across the region, where 32.8% of residents are in the same income bracket. Economic strength is evident through 38.2% of households earning high weekly incomes exceeding $3,000, which supports elevated consumer spending. Housing accounts for 14.0% of income. Residents' strong earnings place them 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 above-average rates of outright home ownership

In Ivanhoe, as per the latest Census evaluation, 55.1% of dwellings were houses while 44.8% consisted of semi-detached homes, apartments, and other types. This contrasted with Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Ivanhoe stood at 37.2%, with mortgaged dwellings at 31.1% and rented ones at 31.7%. The median monthly mortgage repayment was $2,500, higher than Melbourne metro's average of $2,000. Median weekly rent in Ivanhoe was $440, compared to Melbourne metro's $390. Nationally, Ivanhoe's mortgage repayments were significantly higher at $2,500 versus the Australian average of $1,863, and 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 constitute 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 comprise 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 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

In Ivanhoe, residents aged 15 and above have a notably higher level of educational attainment compared to broader benchmarks. Specifically, 53.8% of its residents possess university qualifications, surpassing the national average of 30.4% and the SA4 region's average of 32.8%. This significant educational advantage places Ivanhoe in a strong position for knowledge-based opportunities. Bachelor degrees are the most prevalent at 32.6%, followed by postgraduate qualifications (15.5%) and graduate diplomas (5.7%).

Vocational pathways account for 19.3% of all qualifications among residents aged 15 and above, with advanced diplomas making up 9.3% and certificates accounting for 10.0%. Educational participation in Ivanhoe is notably high, with 28.8% of its residents currently enrolled in formal education. This includes 8.4% pursuing tertiary education, 8.2% in primary education, and 7.3% engaged in secondary education.

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

Ivanhoe has 58 operational public transport stops, serving a mix of bus routes. These are serviced by 9 distinct routes, facilitating 3,005 weekly passenger trips in total. Transport accessibility is deemed good, with residents' average proximity to the nearest stop being 200 meters. As predominantly residential, most commutes are outward-bound. Car remains the primary mode at 76%, followed by train at 10% and walking at 6%. On average, there are 1.2 vehicles per dwelling.

According to the 2021 Census, a significant 46.2% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages 429 trips daily across all routes, translating to roughly 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 indicates robust performance across Ivanhoe, according to AreaSearch's evaluation of mortality rates and chronic condition prevalence. Both younger and older age groups exhibit low prevalence of common health conditions. The rate of private health cover is notably high at approximately 74% of the total population (10,230 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%.

Mental health issues and asthma are the most prevalent medical conditions, affecting 8.1% and 7.0% of residents respectively. Conversely, 71.2% of residents report being completely free from medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents display low chronic condition prevalence. The area has 21.5% of residents aged 65 and over (2,966 people), higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are notably strong, broadly aligning with national rankings for 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'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, accounting for 44.9%. Notably, Judaism had a higher representation in Ivanhoe at 0.3%, compared to Greater Melbourne's 1.0%.

The top three ancestry groups were English (21.8%), Australian (18.8%), and Irish (10.4%). Some ethnic groups showed notable differences: Italian was overrepresented at 8.1% versus the regional average of 5.2%, Greek at 4.4% compared to 2.7%, and Macedonian at 0.9% against a regional figure of 0.7%.

Ivanhoe's population is slightly older than 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 proportion of individuals aged 65-74 (11.1% locally) but a lower proportion of those aged 25-34 (13.2%). According to the 2021 Census data, the 75 to 84 age group has increased from 5.2% to 7.4%, while the 5 to 14 cohort has decreased from 10.9% to 9.2%. By 2041, demographic projections indicate significant changes in Ivanhoe's age profile, with the 75 to 84 cohort expected to grow by 98%, adding 1,011 residents to reach a total of 2,040 individuals.