Ivanhoe, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ivanhoe
VICCensus 2021 · Population 13,380
Ivanhoe is a suburb with a population of 13,380, characterized by a median age of 40, slightly older than the Victorian median of 38. The gender distribution is 47% male and 53% female. The suburb has a significant proportion of families, with 46% being couples with children and 39.7% couples without children. Single-person households account for 29.3% of the population. Education levels are high, with 49.9% holding a bachelor's degree or higher, compared to the Victorian average of 29.2%. The median household income is $2,232 per week, which is above the Victorian average of $1,759.
Key Highlights
- Highly educated population - 49.9% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,232 weekly (vs VIC $1,759)
- Low unemployment rate - 3.6% (vs VIC 5.0%)
- Significant work-from-home culture - 40.5% (vs VIC 25.7%)
- Diverse housing options with 24.6% in apartments
Things to Consider
- Higher property prices may challenge first-home buyers
- Lower percentage of separate houses compared to VIC average
- High percentage of high-income households may affect affordability
- Public transport usage is relatively low at 5%
- Significant percentage of the population reports mental health conditions (9%)
What's it like living here?
Daily life in Ivanhoe is characterized by a strong professional presence, with 40.7% of the workforce employed as professionals. A significant 40.5% of residents work from home, much higher than the Victorian average of 25.7%. Commuting is varied, with 35.6% driving to work and 5% using public transport. The suburb has a mixed housing character, with 52.8% living in separate houses, 22.2% in townhouses, and 24.6% in apartments.