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

Based on AreaSearch's analysis, Ivanhoe East - Eaglemont's population is around 8,582 as of Feb 2026. This reflects an increase of 842 people (10.9%) since the 2021 Census, which reported a population of 7,740 people. The change is inferred from the estimated resident population of 8,100 from the ABS as of June 2024 and an additional 100 validated new addresses since the Census date. This population level equates to a density ratio of 2,005 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Ivanhoe East - Eaglemont's 10.9% 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, which contributed approximately 89.4% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the 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 also applied across all areas for years 2032 to 2041. Considering the projected demographic shifts, a significant population increase in the top quartile of national areas is forecast, with the area expected to increase by 2,692 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 25.8% in total over the 17 years.

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 experienced around 53 dwellings receiving development approval each year, totalling 269 homes over the past 5 financial years. So far in FY-26, 25 approvals have been recorded. Given population has fallen over the past period, new supply has likely been keeping up with demand, offering good choice to buyers, while new homes are being built at an average value of $635,000, revealing that developers are targeting the premium market segment with higher-end properties. Additionally, $1.0 million in commercial approvals have been registered this financial year, demonstrating the area's residential nature.

Relative to Greater Melbourne, Ivanhoe East - Eaglemont maintains similar construction rates (per person), preserving market equilibrium consistent with surrounding areas. New building activity shows 54.0% detached dwellings and 46.0% medium and high-density housing, showing an expanding range of medium-density options creating a mix of opportunities across price brackets, from traditional family housing to more affordable compact alternatives. This shows a considerable change from the current housing mix (currently 78.0% houses), reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements. The location has approximately 372 people per dwelling approval, reflecting an established area.

Population forecasts indicate Ivanhoe East - Eaglemont will gain 2,210 residents through to 2041 (from the latest AreaSearch quarterly estimate). Construction is maintaining a reasonable pace with projected growth, although buyers could encounter growing competition as population increases.

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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 22 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Austin Hospital Emergency Department Expansion, Ivanhoe Park Upgrades, Austin Health Heidelberg Repatriation Hospital Redevelopment, and the Manningham Road Interchange, with the list below detailing those likely to be of most relevance.

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 has a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 1.4%, and 1.0% estimated employment growth over the past year. As of December 2025, 4,828 residents are in work, while the unemployment rate is 3.4% below Greater Melbourne's rate of 4.8%, and workforce participation is broadly similar to Greater Melbourne's 71.3%. Based on Census responses, a high 45.1% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The dominant employment sectors among residents include health care & social assistance, professional & technical, and education & training. The area shows particularly strong specialization in professional & technical services, with an employment share 1.5 times the regional level. Meanwhile, transport, postal & warehousing has a limited presence with 2.2% employment compared to 5.2% regionally. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, the 12-month period saw employment increase by 1.0% alongside a labour force increase of 1.3%, causing the unemployment rate to rise by 0.3 percentage points. By comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, and unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Ivanhoe East - Eaglemont. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific 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 (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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 FY-23 reveals that income in the Ivanhoe East - Eaglemont SA2 is among the top percentile nationally, with the median assessed at $67,252 while the average income stands at $98,885. This contrasts to Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $72,800 (median) and $107,043 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes all rank highly in Ivanhoe East - Eaglemont, between the 89th and 96th percentiles nationally. Looking at income distribution, the $4000+ earnings band captures 37.4% of the community (3,209 individuals), unlike trends at regional levels where 32.8% fall within the $1,500 - 2,999 range. The locality 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 and 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

Dwelling structure within Ivanhoe East - Eaglemont, as evaluated at the latest Census, comprised 77.6% houses and 22.4% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Ivanhoe East - Eaglemont was well beyond that of Melbourne metro, at 47.6%, with the remainder of dwellings either mortgaged (32.4%) or rented (20.0%). The median monthly mortgage repayment in the area was well above the Melbourne metro average at $3,000, while the median weekly rent figure was recorded at $451, compared to Melbourne metro's $2,000 and $390. Nationally, Ivanhoe East - Eaglemont's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 78.6% of all households, comprising 41.0% couples with children, 29.4% couples without children, and 7.6% single parent families. Non-family households make up the remaining 21.4%, with lone person households at 19.4% and group households comprising 1.9% of the total. The median household size of 2.7 people is 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% in Australia and 32.8% in the SA4 region. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead 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+ – advanced diplomas (9.5%) and certificates (8.9%).

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

Public transport analysis reveals 26 active transport stops operating within Ivanhoe East - Eaglemont, comprising a mix of buses. These stops are serviced by 3 individual routes, collectively providing 1,558 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 275 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 83%, with 8% by train and 5% walking. Vehicle ownership averages 1.6 per dwelling, which is above the regional average. A high 45.1% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 222 trips per day across all routes, equating 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

Health outcomes data demonstrates outstanding results across Ivanhoe East - Eaglemont, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. There is a very low prevalence of common health conditions across all age groups, and the rate of private health cover is exceptionally high at approximately 70% of the total population (6,041 people). This compares to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions in the area are arthritis and asthma, impacting 7.4% and 6.9% of residents, respectively, while 72.4% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Working-age residents are notably healthy with low chronic condition prevalence. The area has 24.8% of residents aged 65 and over (2,131 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are particularly 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 is more culturally diverse than the vast majority of local markets, with 22.6% of its population born overseas and 20.0% speaking a language other than English at home. The main religion in Ivanhoe East - Eaglemont is Christianity, which makes up 54.5% of the population. However, the most apparent overrepresentation is in Judaism, which comprises 0.2% of the population, compared to 1.0% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Ivanhoe East - Eaglemont are English, comprising 21.8% of the population, Australian, comprising 19.4% of the population, and Italian, comprising 11.9% of the population, which is substantially higher than the regional average of 5.2%. Additionally, there are notable divergences in the representation of other ethnic groups: Greek is overrepresented at 5.0% in Ivanhoe East - Eaglemont (vs 2.7% regionally), Macedonian at 1.3% (vs 0.7%), and Polish at 1.0% (vs 0.8%).

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

The 45-year median age in Ivanhoe East - Eaglemont is significantly above Greater Melbourne's average of 37 and considerably older than Australia's 38 years. Relative to Greater Melbourne, Ivanhoe East - Eaglemont has a higher concentration of 65 - 74 residents (12.5%) but fewer 25 - 34 year-olds (8.9%). Following the 2021 Census, the 75 to 84 age group has grown from 6.3% to 9.3% of the population. Conversely, the 55 to 64 cohort has declined from 15.5% to 13.7%. Looking ahead to 2041, demographic projections reveal significant shifts in Ivanhoe East - Eaglemont's age structure. Leading the demographic shift, the 75 to 84 group will grow by 67% (538 people), reaching 1,340 from 801. Notably, the combined 65+ age groups will account for 55% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0 to 4 cohort shows minimal growth of just 5% (12 people).