investment summary
Ivanhoe East 3079.
Property in Ivanhoe East.
Situated approximately 9.5 kilometres north-east of the city, Ivanhoe East is a picturesque residential locale, highly sought after by those seeking an idyllic eastern suburbs lifestyle. Although not large in scale, it is a suburb that has a diverse landscape. Wide, tree lined streets featuring deco style homes sit comfortably next to expanses of parklands, the Yarra River and charming, village style amenity.
MEDIAN HOUSE PRICE
$1,473,750
MEDIAN HOUSE RENT
$573 per week
10 reasons to invest in ivanhoe east: 1
Ivanhoe East is the most tightly held residential housing market in Australia, with residents holding on to their properties for an average of 16 years.
2
Victoria’s No. 1 hotspot for Capital Growth, 94% in the last 5 years.
3
7.6% Capital Growth to January 2015 for the last 12 months.
4
Median house price $1,473,750.
5
Very few future developments planned due to strict planning regulations.
6
Very low vacancy rate of 1.08%.
7
Low rental competition.
8
58.6% of Ivanhoe East residents work in Managerial/Professional roles.
9
Affluent and tightly held suburb where median prices stay strong.
10
Ivanhoe East is one of the top 5 fastest selling suburbs in Victoria.
Ivanhoe East is an established suburb boasting a rich heritage and historically high property prices. Large blocks, ornate Art Deco style homes, serene surrounds and high quality amenity have ensured that demand for property in the area has remained strong over a long period of time. Increasing prices for homes in the area has led to strong interest in medium density product. However, compared to much of Melbourne, there is relatively little medium or high density development occurring, making those projects that do go ahead, incredibly highly sought after.
94% CAPITAL GROWTH FROM 2007–2012.
12 MONTH CAPITAL GROWTH TO JAN 2015
7.6%
16.5% 1.08% OF DWELLINGS CLASSIFIED AS MEDIUM OR HIGH DENSIT Y.
RENTAL VACANCY RATE.
Sources: profile.id Community Profile, RP Data, realestateinvestor.com.au and realestate.com.au Neighbourhoods 2011–2014.
BE
Ford Park
Warringal Private Hospital
.
Heidelberg Repatriation Hospital
Heidelberg Park BURGU
Mercy Hospital for Women Austin Hospital
RD
.
ST.
N D Y S T.
Heide Park
BE EL EI H R PE UP
eaglemont D
.
Ya r
R
Median House Price $1,410,000
ST
U
D
LE
Y
Ivanhoe Aquatic and Fitness Centre
EL R D.
Our Lady of Mercy College Heide Museum of Modern Art
ivanhoe
ra
Ri
ve
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Yarra Valley Parklands
SH
Ivanhoe Primary School O N E ST.
LOW
Ivanhoe Girls’ Grammar School
ivanhoe east Ivanhoe Tennis Centre
TH
VD
B U L L E E N R D.
S T.
er
WA
A LL S T.
MB
A
BL
Ri v
E
Chelsworth Park
Bulleen Park
BU
B
VD
LV
D
BL
THE
C E D R IC
E
TH
MARSH
DAREBIN
R D.
Ivanhoe Park
Ivanhoe Grammar schoool Darebin Parklands
Trinity Grammar Sporting Complex
East Ivanhoe Village Shopping Centre
LOW ER HEID ELBE RG RD.
Median House Price $960,000
R D.
Yar ra
fairfield
AV E R S
E RD .
GRANGE
M A LT R
Median House Price $1,473,750
IVANHOE
Carey Grammar Sportsgrounds
ALPHINGTON
Wilson Reserve Alphington Grammar School
Freeway Golf Course Burke Road Billabong Reserve
kew Median House Price $1,760,000
aR
ive
r
Alphington Park
balwyn EASTERN
F W Y.
Muscat Street Reserve
Median House Price $1,660,000
N EE LL
Green Acres Golf Club
U
La Trobe Golf Club
RD
.
Yar r
HEID
Boroondara Tennis Centre
Ivanhoe Public Golf Course
RFIELD
D. RG R ELBE
Marcellin College
RK
R D.
LI V IN G ST
ER H EI
DEL
Ivanhoe Library R D.
BER
ER
W
O
GR D.
O
D
RD
.
Median House Price $1,390,000
ORI
HEIDELBERG
D
DALE R D. W AT E R
Cartledge Reserve
ohn Cain morial Park
D A R E B IN
ST
RG
B A N K SI A
LL
Source: RP Data. **Median prices as of July 2014.
Snapshot of a typical Ivanhoe East resident.
Perfectly positioned.
37.4%
Cirqua enjoys a privileged location, surrounded by all forms of amenity, making life effortlessly convenient.
OF HOUSEHOLDS HAVE A HIGH WE E KLY I N CO M E (OVER $2,500)
Occupations 9.4% 13.5%
6.4% 6.1% 2.8% 1.6% 1.5%
18.9%
43.4% 76.5%
Professional Managers Clerical & Administration Sales Workers Technicians/Trades
OF RESIDENTS ARE CLASSIFIED AS COUPLES WITH CHILDREN.
ommunity & Personal C Services Labourers
39.7%
Machinery Operators Other
Transportation to work
Age demographic 8.7%
59.5% car
0–4 years
8.9%
8.8%
5 –1 1 years
20.8%
12–17 years
13.4% train
9.9%
18–24 years 25–34 years
1.2% BUS
60–69 years 70–84 years
OF RESIDENTS WERE BORN IN AUSTRALIA.
IVANHOE EAST SHOPPING VILLAGE
1.1km
5.7%
35–49 years 50–59 years
25.9% other
85m
14.1% 3.3%
8.0%
11.8%
IVANHOE TRAIN STATION
85 + years Sources: profile.id Community Profile, RP Data, realestateinvestor.com.au and realestate.com.au Neighbourhoods 2011–2014.
CBD 9.5km Sports Precinct
Alphington Grammar Eastern Freeway
first class amenity
Kew Golf Club Ivanhoe Village Shopping Centre Ivanhoe Grammar
Wilson Reserve
Chelsworth Park Ivanhoe Bowls & Croquet Club
Ivanhoe Golf Course
Ivanhoe Train Station
Foodworks Supermarket 85m Ivanhoe East Primary School 250m Ivanhoe Park 370m Ivanhoe Bowls & Croquet Club 560m
Ivanhoe Park
Chelsworth Park 610m Ivanhoe Public Golf Course 665m Eaglemont Tennis Club 770m
Lower Heidelberg Road
Wilson Reserve 1km Ivanhoe Grammar School 1.1km Yarra River 1.1km Ivanhoe Plaza Shopping Centre 1.4km Ivanhoe Train Station 1.1 km
Ivanhoe East Primary School Ivanhoe East Village Shopping Centre
Darebin Train Station 1.7km Eastern Freeway 2.1km Ivanhoe Aquatic & Fitness Centre 2.4km Austin Hospital 2.9km
A smarter choice.
In the loop.
7.1km L ATROBE UNIVERSIT Y, BUNDOORA
13.6km RMIT UNIVERSIT Y, BUNDOORA
10.4km
The University of Melbourne Is the 33rd ranked University in the world. Monash University is the 70th ranked university in the world.
UNIVERSITY OF MELBOURNE, PARKVILLE
10.5km
Although it is a secluded residential pocket, Ivanhoe East is very well connected to the Melbourne metropolitan area through excellent roads and public transport system. Frequent bus services stop right outside Cirqua, while the train station and Eastern Freeway are just minutes away. There is also a major bicycle track that runs beside the Yarra that can take riders all the way into the CBD or out to the eastern suburbs.
RMIT UNIVERSIT Y, MELBOURNE
Cirqua to Melbourne Cirqua holds an enviable location when it comes to education with over 20 public and private schools within a 3km radius of the site, accommodating both primary and secondary students. There are also a variety of kindergarten and childcare facilities in the area that offer services for younger children. Melbourne’s major universities and higher education facilities are all easily accessible from Cirqua. Internationally recognised, these institutions offer a wide range of courses, attracting students from around Australia and the world.
15mins via Eastern Freeway
19 mins walk to Ivanhoe Station (3mins by car) 20min train to Flinders St Station
9.5km
7.9km
M E L B O U R N E P O LY T E C H N I C , PRESTON
S W I N B U R N E U N I V E R S I T Y, HAWTHORN
10.4km
13.5km
BOX HILL INSTITUTE OF TAFE, BOX HILL
D E A K I N U N I V E R S I T Y, BURWOOD
30mins bus to University of Melbourne 10min walk to Melbourne CBD
39 mins via Heidelberg Road Sources: profile.id Community Profile, RP Data, realestateinvestor.com.au and realestate.com.au Neighbourhoods 2011–2014.
206 Lower Heidelberg Road, Ivanhoe East cirquaivanhoe.com.au
While all reasonable care has been taken in preparation of this brochure and the particulars contained herein, purchasers must rely upon their own enquiries and inspections. This brochure is provided for information purposes only and does not form part of the contract of sale. No liability is accepted for any direct or consequential loss or damage arising out of any reliance upon this brochure. Illustrations and photographs are for presentation purposes and are to be regarded as indicative only. Design and branding by tomorrow agency.