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 was approximately 13,231 as of May 2026. This figure reflects an increase of 773 people since the 2021 Census, which reported a population of 12,458. The growth is inferred from ABS estimates: 13,188 in June 2025 and 198 new addresses validated since the Census date. This results in a density ratio of 2,620 persons per square kilometer, placing Ivanhoe in the upper quartile nationally according to AreaSearch assessments. Ivanhoe's growth rate of 6.2% since the 2021 census exceeded its SA3 area's rate of 5.5%. Overseas migration contributed approximately 99.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and VIC State Government's Regional/LGA projections from 2023 adjusted employing weighted aggregation method for areas not covered by ABS data. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Ivanhoe is projected to grow by 5,614 persons based on the latest annual ERP population numbers, reflecting a total increase of 42.1% over the 16-year period.

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 FY-26, 35 approvals have been recorded. On average, 0.5 new residents arrive per year for each new home built between FY-21 and FY-25. This suggests that supply is meeting or exceeding demand, providing more buyer choices while supporting potential population growth above projections.

The average construction value of new properties is $516,000, indicating developers are targeting the premium market segment with higher-end properties. In FY-26, $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 24.0% above the regional average per person over the past five years. This preserves reasonable buyer options while sustaining existing property demand. Recent construction comprises 19.0% detached dwellings and 81.0% attached dwellings, marking a significant 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. However, with around 108 people per dwelling approval, Ivanhoe remains a low density area. Population forecasts indicate that Ivanhoe will gain approximately 5,571 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 moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 25 projects that could impact the area. Notable ones are YarraBend - The Mills Alphington, Riverbend Ivanhoe, North Yarra Main Sewer Rehabilitation Project, and Ivanhoe Aquatic Centre Redevelopment Stage 2. Below is a list of those most likely to be relevant.

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 a highly educated workforce with strong representation in professional services. The unemployment rate was 2.1% as of December 2025, lower than Greater Melbourne's 4.8%. Employment grew by an estimated 1.1% over the past year.

As of December 2025, 7,995 residents were employed with a workforce participation rate similar to Greater Melbourne's 69.9%. A significant 46.2% of residents worked from home, potentially influenced by Covid-19 lockdowns. Key employment sectors include 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.

However, construction is under-represented with only 6.3% of Ivanhoe's workforce compared to Greater Melbourne's 9.7%. Limited local employment opportunities are suggested by the resident-to-working population ratio. Between December 2024 and December 2025, employment levels increased by 1.1%, labour force grew by 1.4%, leading to a rise in unemployment rate of 0.3 percentage points. In contrast, Greater Melbourne experienced higher growth rates for both employment (2.4%) and labour force (2.8%), with the same unemployment rate increase. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Ivanhoe's employment mix suggests local employment should increase by 7.3% over five years and 14.8% over ten years, though these are simple extrapolations for illustrative purposes only.

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. In comparison, Greater Melbourne's median and average incomes were $57,688 and $75,164 respectively. By March 2026, based on a Wage Price Index growth of 9.62%, these figures are estimated to be approximately $75,799 (median) and $118,186 (average). Census data shows that Ivanhoe's household, family, and personal incomes rank highly nationally, between the 82nd and 85th percentiles. Income analysis reveals that 28.5% of locals fall into the $1,500 - 2,999 income category, consistent with broader regional trends showing 32.8% in the same category. Economic strength is evident as 38.2% of households earn high weekly incomes exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.0% of income, while strong earnings place 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 above-average rates of outright home ownership

The dwelling structure in Ivanhoe, as per the latest Census, consisted of 55.1% houses and 44.8% other dwellings such as semi-detached homes, apartments, and other types. This contrasts with Melbourne's metropolitan area which had 67.9% houses and 32.1% other dwellings. Home ownership in Ivanhoe stood at 37.2%, with mortgaged properties at 31.1% and rented ones at 31.7%. The median monthly mortgage repayment in Ivanhoe was $2,500, higher than Melbourne's metro average of $2,000. The median weekly rent in Ivanhoe was $440, compared to Melbourne's metro figure of $390. Nationally, Ivanhoe's mortgage repayments were significantly higher than 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 making up 3.3%. The median household size is 2.4 people, which 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

Ivanhoe's educational attainment exceeds broader averages: 53.8% of residents aged 15+ hold university qualifications compared to Australia's 30.4% and the SA4 region's 32.8%. Bachelor degrees are most prevalent at 32.6%, followed by postgraduate qualifications (15.5%) and graduate diplomas (5.7%). Vocational pathways account for 19.3%, including advanced diplomas (9.3%) and certificates (10.0%). Educational participation is high, with 28.8% currently enrolled in formal education: 8.4% in tertiary, 8.2% in primary, and 7.3% in secondary education.

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

Ivanhoe has 58 active public transport stops serving a mix of bus routes. These routes total nine, offering 3005 weekly passenger trips. Transport accessibility is rated good, with residents typically located 200 meters from the nearest stop. Commuting patterns show that most residents travel outward from this primarily residential area. Car remains the dominant commuting mode at 76%, while train accounts for 10% and walking for 6%. The average vehicle ownership per dwelling is 1.2.

According to the 2021 Census, a high 46.2% of residents work from home, which 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. AreaSearch's assessment indicates low prevalence of common health conditions across both young and old age cohorts. The rate of private health cover is exceptionally high at approximately 74% of the total population (9,790 people), compared to 56.7% in Greater Melbourne and 55.7% nationally.

The most prevalent medical conditions are mental health issues impacting 8.1% of residents and asthma affecting 7.0%. A total of 71.2% of residents declare themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has 20.7% of residents aged 65 and over (2,741 people), higher than the 15.0% in Greater Melbourne. Health outcomes among seniors are 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's population shows significant cultural diversity, with 27.5% born overseas and 23.8% speaking a language other than English at home. Christianity is the predominant religion in Ivanhoe, accounting for 44.9%. While Judaism represents only 0.3%, it is overrepresented compared to Greater Melbourne's 1.0%.

The top three ancestry groups are English (21.8%), Australian (18.8%), and Irish (10.4%). Notable divergences exist in Italian (Ivanhoe: 8.1% vs regional: 5.2%) and Greek (Ivanhoe: 4.4% vs regional: 2.7%) representation, with Macedonian also slightly overrepresented at 0.9%.

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 Australia's median of 38. Compared to Greater Melbourne, Ivanhoe has a notably higher proportion of 65-74 year-olds (11.1%) and a lower proportion of 25-34 year-olds (13.8%). According to the 2021 Census, the 75 to 84 age group increased from 5.2% to 7.0%, while the 5 to 14 cohort decreased from 10.9% to 9.5%. The 45 to 54 age group also dropped from 13.4% to 12.4%. Demographic modeling indicates significant changes in Ivanhoe's age profile by 2041, with the 75 to 84 cohort projected to grow by 106%, adding 984 residents to reach a total of 1,913.