Ivanhoe East - Eaglemont
Statistical Area - sa2

An assessment of population growth drivers in Ivanhoe East - Eaglemont reveals an overall ranking slightly below national averages considering recent, and medium term trends

Ivanhoe East - Eaglemont's population was around 8,123 as of Aug 2025. This showed an increase of 383 people from the 7,740 recorded in the 2021 Census, a growth of 4.9%. The change was inferred from ABS estimates and new addresses since the Census date. The population density was 1,897 persons per square kilometer, above national averages. The area's 4.9% growth since the census was close to the SA3 average of 5.0%, indicating strong fundamentals. Overseas migration contributed approximately 89.4% of recent population gains.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, they use VIC State Government's Regional/LGA projections from 2023, adjusted to SA2 levels. Growth rates are applied across all areas until 2041. Projected demographic shifts indicate significant population increase, with the area expected to grow by 2,692 persons by 2041, reflecting a total increase of 32.9%.

Residential development activity is lower than average in Ivanhoe East - Eaglemont according to AreaSearch's national comparison of local real estate markets

Ivanhoe East - Eaglemont has seen approximately 53 dwellings granted development approval annually. The Australian Bureau of Statistics produces this data on a financial year basis, totalling 269 approvals from FY-21 to FY-25, with 1 approval recorded so far in FY-26. Despite population decline in recent years, new supply has likely kept pace with demand, providing ample choice for buyers. The average construction cost of new homes is $1,442,000, indicating that developers target the premium market segment with high-end properties.

This financial year has seen $1.0 million in commercial approvals, suggesting minimal commercial development activity. Compared to Greater Melbourne, Ivanhoe East - Eaglemont maintains similar construction rates per capita, preserving market equilibrium consistent with surrounding areas. New building activity comprises 54.0% detached dwellings and 46.0% medium and high-density housing, expanding the range of medium-density options and creating a mix of opportunities across price brackets. This represents a significant shift from the current housing mix of 78.0% houses, reflecting reduced development site availability and addressing changing lifestyle demands and affordability requirements.

The area has approximately 372 people per dwelling approval, indicating an established location. Future projections estimate Ivanhoe East - Eaglemont to add 2,669 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially intensifying buyer competition and supporting price increases.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 20 projects likely influencing the region. Notable initiatives include North East Link Tunnels, Ivanhoe Park Upgrades, The Grounds Estate, Ivanhoe East development, and Ivanhoe Water Tank Site Residential Development, with the following list highlighting most relevant projects.

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

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

Ivanhoe East - Eaglemont has an educated workforce with professional services well represented. The unemployment rate is 1.1%, lower than Greater Melbourne's 4.6%.

Employment growth over the past year is estimated at 1.5%. As of June 2025, 4811 residents are employed, with a participation rate similar to Greater Melbourne's 64.1%. Dominant sectors include health care & social assistance, professional & technical services, and education & training. The area specialises in professional & technical jobs, at 1.5 times the regional level, but has limited transport, postal & warehousing employment (2.2% vs regional 5.2%).

Employment opportunities locally may be limited as indicated by Census data. In the past year, employment increased by 1.5%, keeping unemployment rate stable. Greater Melbourne recorded higher growth rates: 3.5% employment and 4.0% labour force growth, with unemployment rising to 4.6%. State-level data (Sep-25) shows VIC employment grew by 1.08% year-on-year, unemployment rate at 4.7%. National forecasts suggest total employment growth of 6.6% over five years and 13.7% over ten years, but local projections vary based on industry-specific growth rates. Applying these to Ivanhoe East - Eaglemont's mix suggests potential local growth of approximately 7.3% over five years and 14.8% over ten years.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year ended June 2022 shows that Ivanhoe East - Eaglemont had median assessed income of $64,299 and average income of $101,638. This compares to Greater Melbourne's median income of $54,892 and average income of $73,761. Based on Wage Price Index growth of 10.11% from July 2022 to March 2025, current estimates for Ivanhoe East - Eaglemont would be approximately $70,800 (median) and $111,914 (average). According to Census 2021 income data, Ivanhoe East - Eaglemont's household, family, and personal incomes rank between the 89th and 96th percentiles nationally. Income distribution shows that 37.4% of individuals earn over $4,000 weekly, unlike regional trends where 32.8% fall within the $1,500 - $2,999 range. The area demonstrates affluence with 49.0% earning over $3,000 weekly, supporting premium retail and services. After housing costs, residents retain 89.2% of income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 10th decile.

Ivanhoe East - Eaglemont is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Ivanhoe East - Eaglemont, as per the latest Census, 77.6% of dwellings were houses, with the remaining 22.4% comprising semi-detached homes, apartments, and other types. This is similar to Melbourne's metropolitan area, which had 76.0% houses and 24.0% other dwellings. Home ownership in Ivanhoe East - Eaglemont stood at 47.6%, with mortgaged properties at 32.4% and rented dwellings at 20.0%. The median monthly mortgage repayment was $3,000, higher than Melbourne's average of $2,167. The median weekly rent in the area was $451, compared to Melbourne's $399. Nationally, Ivanhoe East - Eaglemont's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Ivanhoe East - Eaglemont features high concentrations of family households, with a higher-than-average median household size

Family households account for 78.6% of all households, including 41.0% couples with children, 29.4% couples without children, and 7.6% single parent families. Non-family households constitute the remaining 21.4%, with lone person households at 19.4% and group households comprising 1.9%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.5.

Educational achievement in Ivanhoe East - Eaglemont places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational attainment in Ivanhoe East - Eaglemont is significantly higher than broader benchmarks. 54.4% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.8% in the SA4 region. Bachelor degrees are the most common at 33.6%, followed by postgraduate qualifications (15.4%) and graduate diplomas (5.4%). Vocational pathways account for 18.4% of qualifications among those aged 15 and above, with advanced diplomas making up 9.5% and certificates 8.9%.

Educational participation is high, with 29.8% of residents currently enrolled in formal education. This includes 9.7% in secondary education, 7.9% in primary education, and 7.9% pursuing tertiary education. Ivanhoe East Primary School-Wilfred Road Campus and Ivanhoe East Primary School serve a total of 475 students. The area demonstrates exceptional educational performance with an ICSEA score of 1163, placing local schools among the most advantaged nationally. Both schools focus exclusively on primary education, with secondary options available in surrounding areas. Local school capacity is limited at 5.8 places per 100 residents compared to the regional average of 18.4, leading many families to travel for schooling.

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

The analysis indicates that Ivanhoe East - Eaglemont has 26 operational public transport stops, consisting of a blend of train and bus services. These stops are served by four distinct routes, facilitating a total of 2,010 weekly passenger trips. The accessibility of transport in the area is deemed good, with residents situated an average of 275 meters from their nearest transport stop.

On average, service frequency amounts to 287 trips per day across all routes, translating to roughly 77 weekly trips per individual stop.

Ivanhoe East - Eaglemont's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Ivanhoe East - Eaglemont. The prevalence of common health conditions across all age groups is very low. Approximately 72% of the total population (5,824 people) has private health cover, compared to 60.3% across Greater Melbourne and a national average of 55.3%.

The most common medical conditions in the area are arthritis and asthma, impacting 7.4 and 6.9% of residents respectively. A total of 72.4% of residents declare themselves completely clear of medical ailments, compared to 69.3% across Greater Melbourne. As of 2021, 23.9% of residents are aged 65 and over (1,938 people), which is higher than the 19.8% in Greater Melbourne. Health outcomes among seniors in Ivanhoe East - Eaglemont are particularly strong, performing even better than the general population in health metrics.

Ivanhoe East - Eaglemont 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 East-Eaglemont, surveyed between June 2016 and August 2017, had a higher cultural diversity than most local areas. 22.6% of its residents were born overseas, and 20.0% spoke a language other than English at home. Christianity was the predominant religion, accounting for 54.5% of the population.

However, Judaism was overrepresented, with 0.2% compared to Melbourne's 0.2%. The top three ancestry groups were English (21.8%), Australian (19.4%), and Italian (11.9%). Notably, Greek (5.0%) was more prevalent than the regional average of 3.0%, as were Macedonian (1.3% vs 1.1%) and Lebanese (1.2% vs 0.6%).

Ivanhoe East - Eaglemont hosts an older demographic, ranking in the top quartile nationwide

The median age in Ivanhoe East - Eaglemont is 45 years, which is significantly higher than Greater Melbourne's average of 37 and Australia's national average of 38 years. Compared to Greater Melbourne, Ivanhoe East - Eaglemont has a higher proportion of residents aged 65-74 (12.2%), but fewer residents aged 25-34 (9.0%). According to the 2021 Census, the population aged 75 to 84 has grown from 6.3% to 8.7%, while the 55 to 64 age group has declined from 15.5% to 13.8%. By 2041, demographic projections indicate significant shifts in Ivanhoe East - Eaglemont's age structure. The 75 to 84 age group is expected to grow by 89%, adding 630 people and reaching a total of 1,340 from the previous figure of 709. Notably, the combined age groups of 65+ will account for 53% of the total population growth, reflecting the area's aging demographic profile. Conversely, the 0 to 4 age group is projected to show minimal growth of just 5%, adding only 14 people.