Ivanhoe, VIC 3079

Banyule City CouncilAll suburbs in postcode 3079

Updated

Median house price

$2,025,000

Median · Land Victoria · the latest published quarter (updated May 2026)

Selling in Ivanhoe?

Get the free selling guide, personalised to Ivanhoe, or ask for a free appraisal from a local agent.

Ivanhoe at a glance

Median unit
$650,000
Weekly rent
$750
Houses · units $600

Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025

House prices in Ivanhoe

Houses change hands at $2,025,000 on a typical sale, well above the Victoria median. Units come in around $650,000, roughly 68% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $405,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

Rental data as of September 2025· Victorian rental report

Free appraisal in Ivanhoe

What’s your home worth in Ivanhoe?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Ivanhoe

Ivanhoe (3079) sits in the Banyule region of Victoria. The median house here is $2,025,000, well above the Victoria median of around $850K.

Day-to-day life here is very walkable, with most errands manageable on foot.

What it’s like to live here

Ivanhoe scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.

Summer days here average around 27°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 654 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 5 government primary, 1 government secondary, 8 Catholic, 3 independent.

Schools in Ivanhoe

Schools serving Ivanhoe: government first, then Catholic and independent.

Government schools

Ivanhoe Primary School

Prep-6Co-edGovernment
Catchment

Ivanhoe East Primary School

Prep-6Co-edGovernment
Catchment

Waratah Special Developmental School

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Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
100/100
Transit
20/100
Bike
100/100

Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

Investment overview

Gross rental yield on houses sits at 1.93% (median rent $750/wk against a $2,025,000 price tag). Units yield 4.80% gross, often the better cash-flow play for first-time investors.

Gross yield, housesSource: Land Victoria / DTP · May 2026
1.93%
On the $2,025,000 median
Gross yield, unitsSource: Land Victoria / DTP · May 2026
4.80%
On the $650,000 median

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

922 offences recorded in 2026

Top offence categories
B Property and deception offences697 (75.6%)
A Crimes against the person114 (12.4%)
E Justice procedures offences56 (6.1%)
C Drug offences27 (2.9%)
D Public order and security offences26 (2.8%)

Source: State Police Open Data

Crime data as of December 2026

Weather year-round

Annual rainfall
654 mm
Hottest month, avg max
27.1°C
Coldest month, avg min
6.1°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Ivanhoe

What is the median house price in Ivanhoe?
The median house price in Ivanhoe, VIC 3079 is $2,025,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $650,000.
How much is my house worth in Ivanhoe?
A useful starting point is the Ivanhoe median house price of $2,025,000 (units $650,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Ivanhoe a good investment?
On the published figures, the gross rental yield on houses in Ivanhoe is 1.9%: the median weekly house rent is $750 (Victorian rental report, September 2025) against the median house price of $2,025,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Ivanhoe: the Land Victoria figures we hold do not measure one. Whether Ivanhoe is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Ivanhoe postcode?
Ivanhoe is in the 3079 postcode, in VIC, in the Banyule City Council region.
Where is Ivanhoe?
Ivanhoe is a suburb in the Banyule City Council area, VIC 3079.
What is the average rent in Ivanhoe?
The median weekly rent for houses is $750, for units it's $600.
What schools are in Ivanhoe?
There are 20 schools serving Ivanhoe on this page, including Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Ivanhoe Primary School.
How walkable is Ivanhoe?
Ivanhoe has a Walk Score of 100 out of 100, very walkable. transit score 20, bike score 100.
What suburbs are near Ivanhoe?
Ivanhoe is close to Ivanhoe North, Eaglemont, Ivanhoe East, Bellfield, Alphington.

Selling in Ivanhoe? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Ivanhoe. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.