54 Green Street, Ivanhoe VIC 3079

Generous 798m² lot | Period house with 4 beds | Single bath configuration | Tight street appeal in Ivanhoe|This four-bedroom house on a 798sqm block suits families eyeing renovation potential or land banking in a leafy street setting. The near 800sqm land size stands out on Green Street, where neighbouring lots like number 52 measure around 640sqm, giving this property a clear edge in usable outdoor space for extensions or gardens. With just one bathroom across four bedrooms its layout speaks to classic mid-century family homes that prioritise space over modern ensuites, appealing to buyers comfortable with updates. In Ivanhoe’s established pockets, such generously sized blocks on quiet streets draw downsizers or young families who value proximity to schools like Ivanhoe Primary without the premium of larger rebuilds. Properties with this footprint tend to hold steady in local markets, trading briskly among those seeking long-term equity through subdivision potential or value-add renos. The 36% building coverage leaves ample room for reconfiguration, enhancing its position against tighter lots nearby. Absent overlays bolster its flexibility for future zoning tweaks common in growth suburbs. Over time, the lot’s scale and street’s heritage vibe ensure enduring demand from locals avoiding flashier new builds. This setup positions it well for patient holders betting on Ivanhoe’s family-driven stability.