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 was around 8,174 as of May 2026, reflecting a growth of 434 people since the 2021 Census which reported a population of 7,740. This increase is inferred from ABS estimated resident population figures of 8,169 in June 2025 and an additional 102 validated new addresses since the Census date. The population density was 1,909 persons per square kilometer, above national averages according to AreaSearch's assessments. The area's growth rate of 5.6% since the 2021 census exceeded its SA3 region's average of 5.5%. Overseas migration contributed approximately 78.1% of overall population gains during recent periods, with natural growth and interstate migration also being positive factors. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections released in 2023 for areas not covered by this data.

Considering these projections, the area is forecast to increase its population significantly, reaching 10,891 persons by 2041 based on latest annual ERP population numbers, reflecting a total increase of 33.2% over the 16 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 seen approximately 53 dwelling approvals each year over the past five financial years, totalling 269 homes. As of FY2026, 29 approvals have been recorded. The population has decreased during this period, suggesting that new supply has kept pace with demand, providing good options for buyers. The average construction cost value of new homes is $635,000, indicating a focus on the premium market segment.

This financial year has also seen $1.0 million in commercial approvals, reflecting the area's residential nature. Compared to Greater Melbourne, Ivanhoe East - Eaglemont maintains similar construction rates per person, preserving market equilibrium. However, building activity has slowed in recent years. Currently, 54.0% of new dwellings are detached, with 46.0% being medium and high-density housing, offering a wider range of medium-density options across different price brackets.

This represents a significant change from the current housing mix, which is predominantly houses (78.0%). The area has approximately 372 people per dwelling approval, indicating an established population. According to AreaSearch's latest quarterly estimate, Ivanhoe East - Eaglemont is projected to add 2,712 residents by 2041. If current development rates continue, housing supply may struggle to match population growth, potentially increasing buyer competition and supporting price increases.

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

The performance of a region is significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 21 such projects that could potentially impact this area. Notable projects include the Austin Hospital Emergency Department Expansion, Ivanhoe Park Upgrades, Heidelberg Repatriation Hospital Redevelopment, and Manningham Road Interchange. The following list provides details on those projects likely to be 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 1.4% as of the past year, with estimated employment growth at 1.0%. As of December 2025, 4,828 residents were employed and the unemployment rate was 3.4% lower than Greater Melbourne's rate of 4.8%. Workforce participation was on par with Greater Melbourne's 69.9%.

A significant proportion of residents, 45.1%, worked from home according to Census responses. The dominant employment sectors were health care & social assistance, professional & technical, and education & training. Professional & technical sector had a particularly strong presence with an employment share 1.5 times the regional level. Transport, postal & warehousing sector had limited presence at 2.2% compared to the regional average of 5.2%.

The area appeared to offer limited local employment opportunities based on Census data. In the 12-month period ending in May-25, employment increased by 1.0%, labour force grew by 1.3%, resulting in a rise of 0.3 percentage points in unemployment rate. Greater Melbourne recorded higher employment and labour force growth rates during this period. National employment forecasts from Jobs and Skills Australia indicated potential future demand within Ivanhoe East - Eaglemont, with national employment projected to expand by 6.6% over five years and 14.8% over ten years. Applying these projections to the local employment mix suggested that Ivanhoe East - Eaglemont's 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 data for financial year 2023 shows that Ivanhoe East - Eaglemont SA2 has a median assessed income of $67,252 and an average income of $98,885, placing it in the top percentile nationally. In contrast, Greater Melbourne has a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, estimated incomes as of March 2026 would be approximately $73,722 (median) and $108,398 (average). Census 2021 income data reveals that Ivanhoe East - Eaglemont's household, family, and personal incomes rank highly nationally, between the 89th and 96th percentiles. The area has a significant proportion of high earners, with 37.4% of individuals earning over $4,000 per week, compared to regional trends where 32.8% fall within the $1,500 - 2,999 range. This affluence is reflected in the area's premium retail and service offerings, with residents retaining 89.2% of income after housing costs. 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 in Ivanhoe East - Eaglemont, as evaluated at the Census 2016, comprised 77.6% houses and 22.4% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Ivanhoe East - Eaglemont was 47.6%, with mortgaged dwellings at 32.4% and rented ones at 20%. The median monthly mortgage repayment was $3,000, higher than Melbourne metro's $2,000. Median weekly rent in the area was $451, compared to Melbourne metro's $390. Nationally, Ivanhoe East - Eaglemont's mortgage repayments were significantly higher at $3,000 versus Australia's 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 constitute 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 account for 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 is notably higher than broader benchmarks. As of 2016, 54.4% of residents aged 15 years and over held university qualifications, compared to the Australian average of 30.4% and the SA4 region's average of 32.8%. This educational advantage positions the area favourably for knowledge-based opportunities. Bachelor degrees are the most prevalent 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 years and over, with advanced diplomas making up 9.5% and certificates 8.9%. Educational participation is notably high, with 29.8% of residents currently enrolled in formal education as of the 2016 Census. 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. 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. Car remains the dominant mode of transport at 83%, with 8% by train and 5% walking. Vehicle ownership averages 1.6 per dwelling, above the regional average.

According to the 2021 Census, 45.1% of residents work from home, which 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 shows excellent results in Ivanhoe East - Eaglemont, according to 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. Private health cover is exceptionally high at approximately 70% of the total population (5,754 people), compared to 56.7% in Greater Melbourne and the national average of 55.7%.

The most prevalent medical conditions are arthritis and asthma, affecting 7.4 and 6.9% of residents respectively, while 72.4% of residents declare themselves completely clear of medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has 24.1% of residents aged 65 and over (1,969 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 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, surveyed from July 2016 to June 2021, had a higher cultural diversity than most local areas with 22.6% of its population born overseas and 20.0% speaking languages other than English at home. Christianity was the predominant religion, comprising 54.5% of the population. Judaism, however, was overrepresented at 0.2%, compared to 1.0% in Greater Melbourne.

The top three ancestral groups were English (21.8%), Australian (19.4%), and Italian (11.9%), which was significantly higher than the regional average of 5.2%. Notably, Greek (5.0%) and Macedonian (1.3%) populations were overrepresented compared to regional averages of 2.7% and 0.7%, respectively. Similarly, Polish ancestry was slightly overrepresented at 1.0%.

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

The median age in Ivanhoe East-Eaglemont is 45 years, significantly higher than Greater Melbourne's average of 37 years and Australia's national average of 38 years. Compared to Greater Melbourne, Ivanhoe East-Eaglemont has a higher proportion of residents aged 65-74 (12.3%) but fewer residents aged 25-34 (9.3%). According to the 2021 Census, the 75 to 84 age group increased from 6.3% to 8.9%, while the 55 to 64 age group decreased from 15.5% to 13.8%. By 2041, demographic projections indicate significant shifts in Ivanhoe East-Eaglemont's age structure, with the 75 to 84 age group expected to grow by 78%, reaching 1,286 people from the current 724.