Ivanhoe East

Ivanhoe East, VIC 3079 is a suburb with a population of 3,762 residents. The suburb has a mix of age groups, with a significant number of residents aged between 5 to 19 years and 45 to 64 years. The median weekly household income is high, and the educational advantage of students attending government schools in the area is in the 96.0 percentile. The suburb offers good commuting options, with a notable percentage of residents working from home. For houses in Ivanhoe East, the high median sale price and relatively low vacancy rate suggest a stable market with potential for long-term growth. The suburb has a significant yield median, indicating opportunities for rental income. With a high room demand-supply ratio, there may be potential for home owners to rent out rooms for additional income. Units in the suburb have shown a mixed growth trend, making it essential for investors to conduct thorough market research before making investment decisions. Ivanhoe East, VIC 3079 offers a high-income demographic with good educational opportunities for students. The suburb provides a range of commuting options and a low social housing ratio. For property investors, the suburb presents a stable housing market with potential for rental income in the house segment, while unit investments may require a more cautious approach due to fluctuating growth trends. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022