Ivanhoe
Statistical Area - sa2

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 August 2025, is around 13,177. This figure reflects an increase from the 2021 Census total of 12,458 people. The change was inferred from ABS data showing an estimated resident population of 13,173 in June 2024 and an additional 156 validated new addresses since the Census date. This results in a population density ratio of 2,609 persons per square kilometer, placing Ivanhoe in the upper quartile nationally according to AreaSearch's assessment. Ivanhoe's growth rate of 5.8% since the 2021 census exceeded its SA3 area's average growth rate of 5.0%. Overseas migration contributed approximately 93.7% of overall population gains during recent periods.

For projections, AreaSearch is using ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023 with adjustments made via weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future projections indicate exceptional growth, placing Ivanhoe in the top 10 percent nationally, with an expected increase of 5,883 persons by 2041 based on latest population numbers, reflecting a total increase of 44.5% over the 17-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. Development approval data is produced by the ABS on a financial year basis, totalling 536 approvals across the past five financial years from FY21 to FY25, with 11 approvals so far in FY26. On average, about 0.5 new residents per year have arrived for each new home over the past five financial years. This indicates that supply is meeting or exceeding demand, offering greater buyer choice and supporting potential population growth above projections.

The average value of new homes being built is $560,000. In FY26, $62.7 million in commercial development approvals have been recorded, showing strong commercial development momentum. Compared to Greater Melbourne, Ivanhoe records elevated construction levels, 25.0% 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, focusing on higher-density living to create more affordable entry points for downsizers, investors, and first-home buyers.

This marks a significant shift from the current housing pattern of 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 low-density area. Population forecasts indicate Ivanhoe will gain 5,857 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 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified a total of 21 projects that could impact the area. Notable projects include Austin Hospital Emergency Department Expansion, Candela Ivanhoe, Riverbend Ivanhoe, and Ivanhoe Aquatic Centre Redevelopment Stage 2. The following list details those most likely to be relevant.

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

AreaSearch analysis of employment trends sees Ivanhoe performing better than 90% of local markets assessed across Australia

Ivanhoe has an educated workforce with strong professional services representation. Unemployment rate was 1.8% in the past year, with estimated employment growth of 1.8%.

As of June 2025, 7984 residents were employed at a 2.9% lower unemployment rate than Greater Melbourne's 4.6%. Workforce participation was 66.5%, close to Greater Melbourne's 64.1%. Major employment sectors were health care & social assistance, professional & technical, and education & training. Notably, professional & technical jobs were at 1.4 times the regional average.

However, construction was under-represented with only 6.3% of Ivanhoe's workforce compared to Greater Melbourne's 9.7%. Between June 2024 and June 2025, employment levels increased by 1.8%, labour force grew by 1.5%, reducing the unemployment rate by 0.3 percentage points. In contrast, Greater Melbourne had higher growth rates for both employment (3.5%) and labour force (4.0%), with a 0.5 percentage point rise in unemployment. State-level data from Sep-25 showed Victoria's employment grew by 1.08% year-on-year, adding 39,880 jobs, with an unemployment rate of 4.7%, slightly higher than the national rate of 4.5%. National employment forecasts from May 2025 projected a 6.6% increase 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 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

Ivanhoe's median income among taxpayers was $66,123 and average income stood at $113,928 in financial year 2022. These figures are higher than Greater Melbourne's median of $54,892 and average of $73,761. Based on Wage Price Index growth of 10.11% since financial year 2022, estimated current incomes would be approximately $72,808 (median) and $125,446 (average) as of March 2025. Census data shows household, family and personal incomes in Ivanhoe rank between the 82nd and 85th percentiles nationally. Income analysis reveals that 28.5% of locals (3,755 people) fall into the $1,500 - 2,999 income category. Economic strength is evident with 38.2% of households earning over $3,000 weekly. Housing accounts for 14.0% of income and residents rank in the 84th 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

In Ivanhoe, as per the latest Census evaluation, 55.1% of dwellings were houses, with 44.8% being other types such as semi-detached homes, apartments, and 'other' dwellings. This compares to Melbourne metropolitan area's figures of 76.0% houses and 24.0% other dwellings. Home ownership in Ivanhoe stood at 37.2%, similar to Melbourne metro's rate. 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 for Ivanhoe was $440, compared to Melbourne metro's $399. Nationally, Ivanhoe's mortgage repayments were significantly higher at $2,500 versus 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 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 constitute 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 is notably higher than broader averages. Specifically, 53.8% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.8% in the SA4 region. This high educational attainment positions the area favourably for knowledge-based opportunities. Among those with university qualifications, 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% of qualifications among residents aged 15 and above, with advanced diplomas making up 9.3% and certificates 10.0%. Educational participation is high in Ivanhoe, 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. The five schools in Ivanhoe have a combined enrollment of 4,153 students as of the latest data available. Ivanhoe's educational performance is exceptional, with an ICSEA score of 1159, placing local schools among the most advantaged nationally. The area functions as an education hub, offering 31.5 school places per 100 residents, significantly above the regional average of 18.4. This attracts students from surrounding communities to Ivanhoe's three primary and two K-12 schools.

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

The analysis of public transport in Ivanhoe shows that there are currently 57 active transport stops operating within the area. These stops offer a mix of train and bus services. A total of 10 individual routes serve these stops, collectively providing 4,601 weekly passenger trips.

The report rates transport accessibility as good, with residents typically located approximately 200 meters from the nearest transport stop. On average, service frequency across all routes is 657 trips per day, which equates to around 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 exhibits superior health outcomes, with both younger and elderly cohorts having low prevalence rates for common health conditions. The rate of private health cover is notably high at approximately 78% of its total population (10,212 people), compared to 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. Notably, 71.2% of residents report being completely free from medical ailments, compared to Greater Melbourne's 69.3%. The area has a significant elderly population, with 20.6% aged 65 and over (2,717 people). Health outcomes among seniors are commendable, closely mirroring the general population's health profile.

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 compared to most local areas, with 27.5% born overseas and 23.8% speaking a language other than English at home. Christianity was the predominant religion in Ivanhoe, accounting for 44.9%. While Judaism represented only 0.3%, this figure was slightly higher than the Greater Melbourne average of 0.2%.

The top three ancestry groups were English (21.8%), Australian (18.8%), and Irish (10.4%). Some ethnic groups showed notable variations: Italian was overrepresented at 8.1% in Ivanhoe compared to 7.7% regionally, Greek at 4.4% versus 3.0%, and Macedonian at 0.9% versus 1.1%.

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. Comparing with the Greater Melbourne average, Ivanhoe has a significantly higher proportion of people aged 65-74 (10.9% locally) but fewer individuals aged 25-34 (13.6%). Post-2021 Census, the 75 to 84 age group grew from 5.2% to 6.9%, while the 5 to 14 cohort decreased from 10.9% to 9.6%. By 2041, demographic projections indicate Ivanhoe's age profile will change significantly. The 75 to 84 cohort is projected to grow by 123%, adding 1,125 residents to reach a total of 2,040 individuals in that age group.