Ivanhoe East, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ivanhoe East
VICCensus 2021 · Population 3,767
Ivanhoe East is a suburb with a population of 3,767, characterized by a median age of 45, which is higher than the Victorian average of 38. The suburb is predominantly composed of families, with 52.9% of households being couples with children, and 34.8% being couples without children. The area has a high level of education, with 51.0% of residents holding a bachelor's degree or higher, compared to the Victorian average of 29.2%. The suburb also has a high median household income of $2,977 per week, significantly above the Victorian average of $1,759.
Key Highlights
- Highly educated population - 51.0% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,977 weekly (vs VIC $1,759)
- Low unemployment rate - 3.3% (vs VIC 5.0%)
- Significant owner-occupied housing - 78.5% owned (outright or with mortgage)
- High work-from-home rate - 40.0% (vs VIC 25.7%)
Things to Consider
- Higher median age could indicate fewer amenities for younger demographics
- Low public transport usage may affect those without cars
- High property prices may challenge first-home buyers
- Limited rental market with only 19.4% rented properties
- Predominantly English-speaking, which may not suit non-English speakers
What's it like living here?
Daily life in Ivanhoe East is characterized by a strong sense of community and family orientation. With 40.0% of residents working from home, the suburb offers a flexible work-life balance. The area is predominantly owner-occupied, with 44.4% of homes owned outright and 34.1% owned with a mortgage. Commuting is primarily done by car, with 37.6% of residents driving to work, while public transport usage is relatively low at 3.1%.