175 Banksia Street, Ivanhoe VIC 3079

Custom design, premium build | Pool and multiple living zones | Set back on 780m² | High-growth Ivanhoe street This property offers a rare combination of a custom-built 2007 residence with resort-style amenities on a generous 780m² lot, in a street showing consistent capital growth. The extra-large proportions and multiple living areas suit a family seeking immediate luxury without renovation, while the private setback and pool create a strong positional advantage in a competitive market. It is best suited to an owner-occupier who values space, modern finishes, and a turnkey lifestyle in a sought-after school catchment. The main risk is the potential for the property to sit above market perception for a street where recent sales have been for older, smaller homes, which may narrow the buyer pool and lengthen the sale period. There is no overlay protection, so future neighbouring development could alter the current sense of privacy. The opportunity lies in the building’s efficient 41% site coverage, leaving scope for future extension or a pool house if desired. Hold this property as a long-term family home to capture Ivanhoe’s steady capital appreciation.