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 8,118 as of November 2025. This figure reflects an increase of 378 people since the 2021 Census, which reported a population of 7,740. The growth is inferred from ABS data showing an estimated resident population of 8,102 in June 2024 and an additional 96 validated new addresses since the Census date. This results in a population density ratio of 1,896 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. The area's growth rate of 4.9% since the census is within 0.2 percentage points of its SA3 area's growth rate of 5.1%. Population growth was primarily driven by overseas migration contributing approximately 89.4% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, they utilise VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation methods to SA2 levels. Considering these projections, the area is forecasted to increase by 2,692 persons by 2041, reflecting a total increase of 32.9% 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 seen approximately 53 dwellings receiving development approval each year over the past five financial years, totalling 269 homes. As of FY-26, 22 approvals have been recorded. The population has fallen during this period, suggesting that new supply has likely kept pace with demand, offering good choice to buyers. New homes are being built at an average expected construction cost value of $635,000, indicating that developers are targeting the premium market segment with higher-end properties.

This financial year has also seen $1.0 million in commercial approvals registered, demonstrating the area's residential nature. Compared 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, reflecting an expanding range of medium-density options creating a mix of opportunities across price brackets. This is a considerable change from the current housing mix, which is currently 78.0% houses, likely due to reduced availability of development sites and shifting lifestyle demands and affordability requirements.

The location has approximately 372 people per dwelling approval, reflecting an established area. According to AreaSearch's latest quarterly estimate, Ivanhoe East - Eaglemont is forecasted to gain 2,674 residents by 2041. Should current construction levels persist, housing supply could lag population growth, potentially intensifying buyer competition and underpinning price growth.

Ivanhoe East - Eaglemont has moderate levels of nearby infrastructure activity, ranking in the 43rdth percentile nationally

The performance of an area is significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 22 projects that are expected to impact the area. Notable projects include the Austin Hospital Emergency Department Expansion, Ivanhoe Park Upgrades, Austin Health Heidelberg Repatriation Hospital Redevelopment, and Manningham Road Interchange. The following list details 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 has an educated workforce with a strong representation in professional services. The unemployment rate was 1.3% as of September 2025.

This is below Greater Melbourne's rate of 4.7%. Workforce participation is similar to the regional level at 64.1%. Key employment sectors among residents include health care & social assistance, professional & technical, and education & training. The area has a particularly high specialization in professional & technical services, with an employment share 1.5 times higher than the regional average.

However, transport, postal & warehousing has limited presence at 2.2%, compared to the regional level of 5.2%. Over the past year, from September 2024 to September 2025, employment increased by 0.1% while labour force grew by 0.3%, causing unemployment to rise by 0.1 percentage points. In comparison, Greater Melbourne recorded higher growth rates with employment increasing by 3.0% and labour force by 3.3%. State-level data from 25-Nov-25 shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. National forecasts from 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, though this is a simple extrapolation for illustrative purposes only.

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 2022 shows that income in Ivanhoe East - Eaglemont SA2 is among the top percentile nationally. The median assessed income is $64,299 and the average income stands at $101,638. This contrasts with Greater Melbourne's figures of a median income of $54,892 and an average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates would be approximately $72,118 (median) and $113,997 (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 (3,036 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. 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% were other types such as semi-detached units, apartments, or 'other' dwellings. This compares to Melbourne metro's 76.0% houses and 24.0% other dwellings. Home ownership in Ivanhoe East - Eaglemont stood at 47.6%, with mortgaged dwellings at 32.4% and rented ones at 20.0%. The median monthly mortgage repayment was $3,000, exceeding Melbourne metro's average of $2,167. The median weekly rent in the area was $451, compared to Melbourne metro'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 making up 1.9% of the total. 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 notably high with 54.4% of residents aged 15 and above holding university qualifications compared to the national average of 30.4%. This figure also surpasses the SA4 region's average of 32.8%. 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 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.

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

The analysis of public transport in Ivanhoe East-Eaglemont shows that there are currently 26 operational transport stops. These stops offer a combination of train and bus services. The area is served by four distinct routes, which together facilitate 2010 weekly passenger trips.

The accessibility to these transport services is considered good, with residents on average being located about 275 meters from their nearest stop. On an average day, there are approximately 287 trips across all routes, which translates to around 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 with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 72% of the total population (5,820 people), 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, while 72.4% of residents declare themselves completely clear of medical ailments compared to 69.3% across Greater Melbourne.

The area has 23.9% of residents aged 65 and over (1,937 people), which is higher than the 19.8% in Greater Melbourne. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.

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 in June-August 2016, had a higher cultural diversity than most local areas. 22.6% of its population were born overseas, and 20.0% spoke languages other than English at home. Christianity was the predominant religion, with 54.5%.

Judaism's representation was similar to Greater Melbourne's, at 0.2%. In terms of ancestry, the top groups were English (21.8%), Australian (19.4%), and Italian (11.9%). Some ethnic groups had notable differences: Greeks (5.0% vs regional 3.0%), Macedonians (1.3% vs 1.1%), and Poles (1.0% vs 0.7%) were more represented in Ivanhoe East-Eaglemont compared to Greater Melbourne.

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 and Australia's national average of 38 years. Compared to Greater Melbourne, Ivanhoe East - Eaglemont has a higher percentage of residents aged 65-74 (12.2%) but fewer residents aged 25-34 (9.0%). According to the 2021 Census, the 75-84 age group increased from 6.3% to 8.7%, while the 55-64 age group declined from 15.5% to 13.8%. By 2041, demographic projections indicate significant shifts in Ivanhoe East - Eaglemont's age structure. The 75-84 age group is projected to grow by 89%, reaching 1,340 people from 709. Notably, the combined age groups of 65 and above will account for 53% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0-4 age group shows minimal growth, with an increase of just 5%, adding only 14 people to the cohort.