1/35 Kenilworth Parade, Ivanhoe VIC 3079
1/35 Kenilworth Parade, Ivanhoe VIC 3079
3โ4 bed townhouse on 423mยฒ | 2-car, 2-bath, 138mยฒ internal | Scarce house-like footprint in Ivanhoe | Bedroom count unclear, check floorplan
This property offers a genuinely rare configuration for Ivanhoe: a townhouse or duplex sitting on a substantial 423-square-metre lot, with two car spaces and a 138-square-metre internal area. That land component is the standout feature. It gives the dwelling a house-like feel in a suburb where detached homes command a significant premium, and attached stock is often much smaller. The combination of family-sized bedrooms, two bathrooms, and dedicated parking makes it particularly well suited to established families or downsizers who want space and convenience without the maintenance of a full house. The bedroom count varies between sources, so the floorplan should confirm whether the fourth bedroom is a study or a genuine additional room. Either way, the property competes strongly against both older units and newer townhouses in the area, as it offers more land and parking than most comparable stock.
Value may be influenced by the property’s age and condition, which are not confirmed in available data. A newer or well-renovated dwelling on this size lot could command a noticeable premium, while an older fitout might leave room for negotiation or future improvement. The internal layout and orientation also matter: a well-designed floorplan with good natural light and private open space would strengthen appeal, whereas a compromised aspect or split-level design might narrow the buyer pool. The inconsistent bedroom count and building classification (townhouse versus duplex) could create uncertainty, so the title structure and exact room dimensions should be verified. These factors, rather than broad market trends, are the ones most likely to shape the final price.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/35 Kenilworth Parade, Ivanhoe VIC 3079
Market Insight:
Ivanhoe is a premium, established suburb with a strong owner-occupier market driven by affluent professionals. Demand is robust, evidenced by high sales volumes and rapid turnover for houses, which have seen significant capital growth. The unit market, however, faces headwinds with softening prices. Future growth is underpinned by sustained high demand and rental growth, though key constraints include high entry prices limiting affordability and divergent performance between housing segments.