Banyule City Council

Ivanhoe

VIC3079

Ivanhoe at a glance

Median house

$2,025,000

Median unit

$650,000

Walk score

100

Walker's paradise

Population

17.1k

Median age 41

The brief

What to know about Ivanhoe.

The postcode for Ivanhoe is 3079 (VIC), part of Greater Melbourne.

The median house price in Ivanhoe is $2,025,000.

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.

Ivanhoe has roughly 17,055 residents, with a typical family-age mix. Households are dominated by renters. Day-to-day life here is very walkable, with most errands manageable on foot.

Side by side

Compare Ivanhoe with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

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 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.

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

Who lives here

Demographics.

The 2021 Census put Ivanhoe's population at 17,055, with a median age of 41. That sits as a typical family-age mix.

Population

17,055

Median age

41

Family households

Lone person

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

Market

The price of a home here.

Median house price

$2,025,000

+0.0% over the past year. Median unit price $650,000.

Sales data as of May 2026· sales-vic

Rental and ownership

Weekly rent (house)

$750/wk

Weekly rent (unit)

$600/wk

Owner occupied

Renter occupied

At a deeper level

Median House PriceSource: Land Victoria / DTP · May 2026

$2,025,000

Median Unit PriceSource: Land Victoria / DTP · May 2026

$650,000

PopulationSource: ABS Census 2021

17,055

Median age: 41

Rental data as of September 2025· rental-vic

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For investors

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 (House)

Source: Land Victoria / DTP · May 2026

1.93%

Based on $2,025,000 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

4.80%

Based on $650,000 median

Annual Growth (House)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Annual Growth (Unit)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021

Higher = more owner-occupier demand

Days on Market

Source: Land Victoria / DTP · May 2026

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

1,182

total offences in 2025

Top offence categories

B Property and deception offences982 (83.1%)
A Crimes against the person92 (7.8%)
E Justice procedures offences68 (5.8%)
C Drug offences22 (1.9%)
D Public order and security offences18 (1.5%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of December 2025· State Police Open Data

Getting around

Walkability.

Walk Score

100

Transit Score

20

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Ivanhoe.

Local schools for Ivanhoe

View the catchment for each school to find out more.

Government School Catchment

Ivanhoe Primary School

Prep-6CoEdGovernment
View Catchment

Ivanhoe East Primary School

Prep-6CoEdGovernment
View Catchment

Waratah Special Developmental School

UCoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

639 mm

Hottest Month (avg max)

26.0°C

Coldest Month (avg min)

6.5°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Melbourne (Olympic Park) (65 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Ivanhoe.

What is the median house price in Ivanhoe?
The median house price in Ivanhoe, VIC 3079 is $2,025,000. The median unit price is $650,000.
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 of Melbourne, in VIC 3079. It is part of the Greater Melbourne area, in the Banyule City Council region.
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.
What is the population of Ivanhoe?
The population of Ivanhoe is approximately 17,055 (2021 Census). The median age is 41.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

Always dated

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