Ivanhoe East - Eaglemont

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 is approximately 8,582 as of Feb 2026. This figure represents an increase of 842 people since the 2021 Census, which reported a population of 7,740. The change was inferred from the estimated resident population of 8,100 in June 2024 and an additional 100 validated new addresses since the Census date. This results in a population density ratio of 2,005 persons per square kilometer, above the national average assessed by AreaSearch. The area's growth rate of 10.9% since the 2021 census exceeds both the SA3 area (8.1%) and the national average. Overseas migration contributed approximately 89.4% of overall population gains during recent periods.

AreaSearch is adopting 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 uses VIC State Government's Regional/LGA projections from 2023, adjusted using a method of 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. Based on projected demographic shifts, the area is forecasted to increase its population significantly, with an expected rise of 2,692 persons by 2041 based on the latest annual ERP population numbers. This reflects a total increase of 25.8% over the 17-year period.

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 over the past five financial years, totalling 269 homes. As of FY-26, 23 approvals have been recorded. The population has decreased during this period, suggesting new supply is meeting demand and providing varied options for buyers. The average construction cost value of new homes is $635,000, indicating developers are targeting the premium market segment.

This financial year, $1.0 million in commercial approvals have been registered, reflecting the area's residential nature. Compared to Greater Melbourne, Ivanhoe East - Eaglemont maintains similar construction rates per capita, preserving market equilibrium with surrounding areas. New building activity comprises 54.0% detached dwellings and 46.0% medium and high-density housing, offering a mix of opportunities across price brackets. This shift from the current housing mix (78.0% houses) is due to reduced development site availability and changing lifestyle demands.

The location has approximately 372 people per dwelling approval, indicating an established area. Population forecasts suggest Ivanhoe East - Eaglemont will gain 2,210 residents by 2041. Construction is keeping pace with projected growth, but buyers may face increasing competition as population grows.

Ivanhoe East - Eaglemont has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 22 projects that may impact the area. Notable projects include Austin Hospital Emergency Department Expansion, Ivanhoe Park Upgrades, Austin Health Heidelberg Repatriation Hospital Redevelopment, and Manningham Road Interchange. The following list details those most 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 East - Eaglemont performing better than 90% of local markets assessed across Australia

Ivanhoe East - Eaglemont had an unemployment rate of 1.3% as of September 2025, which is 3.4% below Greater Melbourne's rate of 4.7%. The workforce participation rate was similar to Greater Melbourne's at 71.0%. A total of 4,786 residents were employed.

According to Census responses, 45.1% of residents worked from home. The dominant employment sectors were health care & social assistance, professional & technical, and education & training. Professional & technical had a particularly strong presence with an employment share of 1.5 times the regional level, while transport, postal & warehousing had limited presence at 2.2% compared to 5.2% regionally. The area appeared to offer limited local employment opportunities based on Census data comparing working population and resident population.

Over a 12-month period ending in September 2025, employment increased by 0.1%, labour force grew by 0.3%, leading to an unemployment rate rise of 0.1 percentage points. In comparison, Greater Melbourne recorded higher growth rates with employment increasing by 3.0% and labour force by 3.3%. National employment forecasts from Jobs and Skills Australia, published in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Ivanhoe East - Eaglemont's employment mix suggests local employment should increase by 7.3% over five years and 14.8% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Ivanhoe East - Eaglemont SA2 has a median income of $67,252 and an average income of $98,885. These figures place it in the top percentile nationally when compared to Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Ivanhoe East - Eaglemont as of September 2025 would be approximately $72,800 (median) and $107,043 (average). Census 2021 income data reveals that household, family, and personal incomes in Ivanhoe East - Eaglemont rank highly nationally, between the 89th and 96th percentiles. The $4000+ earnings band captures 37.4% of the community (3,209 individuals), unlike regional trends where 32.8% fall within the $1,500 - 2,999 range. This demonstrates considerable affluence with 49.0% earning over $3,000 per week, supporting premium retail and service offerings. 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 while 22.4% consisted of other types such as semi-detached homes, apartments and 'other' dwellings. This contrasts with Melbourne metro's figures of 67.9% houses and 32.1% other dwellings. Home ownership in Ivanhoe East - Eaglemont stood at 47.6%, with mortgaged dwellings accounting for 32.4% and rented ones making up 20%. The median monthly mortgage repayment was $3,000, higher than Melbourne metro's average of $2,000. Meanwhile, the median weekly rent in Ivanhoe East - Eaglemont was recorded at $451 compared to Melbourne metro's $390. Nationally, these figures translate to significantly higher mortgage repayments ($1,863) and substantially above-average rents ($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, consisting of couples with children (41.0%), couples without children (29.4%), and single parent families (7.6%). 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 2.6.

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 significantly surpasses broader benchmarks, with 54.4% of residents aged 15+ holding 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+, with advanced diplomas at 9.5% and certificates at 8.9%. Educational participation is notably high, with 29.8% of residents currently enrolled in formal education, including 9.7% in secondary education, 7.9% in primary education, and 7.9% pursuing tertiary education.

Educational participation is notably 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.

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

Ivanhoe East - Eaglemont has 26 active public transport stops serving buses. These stops are covered by three routes that collectively facilitate 1,558 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically situated 275 meters from the nearest stop. Predominantly residential, most commuters travel outward. Cars remain the primary mode at 83%, followed by trains at 8% and walking at 5%. On average, there are 1.6 vehicles per dwelling, exceeding the regional norm.

According to the 2021 Census, 45.1% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 222 trips daily across all routes, translating to approximately 59 weekly trips per individual stop.

Ivanhoe East - Eaglemont's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Ivanhoe East - Eaglemont shows excellent health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups. Approximately 70% of the total population (6,041 people) have private health cover, which is higher than Greater Melbourne's 56.7%, and the national average of 55.7%.

The most prevalent medical conditions are arthritis (7.4%) and asthma (6.9%), while 72.4% of residents report being completely clear of medical ailments, similar to Greater Melbourne's 72.6%. Working-age residents have low chronic condition prevalence. The area has 24.8% of residents aged 65 and over (2,131 people), higher than Greater Melbourne's 15.1%. Health outcomes among seniors are strong, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Ivanhoe East - Eaglemont was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Ivanhoe East-Eaglemont shows higher cultural diversity than most local areas, with 22.6% born overseas and 20.0% speaking languages other than English at home. Christianity is the predominant religion, at 54.5%. Judaism's representation stands out at 0.2%, compared to Greater Melbourne's 1.0%.

Top ancestry groups are English (21.8%), Australian (19.4%), and Italian (11.9%), significantly higher than regional averages of 37.6% for English, 35.5% for Australian, and 5.2% for Italian. Notably, Greek (5.0%) is overrepresented compared to the region's 2.7%, Macedonian at 1.3% versus 0.7%, and Polish at 1.0% against 0.8%.

Ivanhoe East - Eaglemont hosts a notably older demographic compared to the national average

The median age in Ivanhoe East - Eaglemont is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's average of 38 years. Compared to Greater Melbourne, Ivanhoe East - Eaglemont has a higher proportion of residents aged 65-74 (12.5%) but fewer residents aged 25-34 (8.9%). According to the 2021 Census, the population aged 75 to 84 grew from 6.3% to 9.3%, while the 55 to 64 age group declined from 15.5% to 13.7%. By 2041, demographic projections indicate significant shifts in Ivanhoe East - Eaglemont's age structure. The 75 to 84 age group is projected to grow by 67%, reaching 1,340 people from 801. Notably, the combined age groups of 65 and above will account for 55% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0 to 4 age group is projected to show minimal growth of just 5%, with an increase of only 12 people.