9/390 Upper Heidelberg Road, Ivanhoe VIC 3079

3-bed townhouse in rear complex | 151sqm low-maintenance footprint | Ivanhoe family belt | high rental demand This townhouse presents a rare configuration in a market dominated by detached houses and apartments. The three-bedroom, two-bathroom layout on a compact 151sqm lot offers genuine low-maintenance living without sacrificing space, making it particularly suited to downsizers, professional couples, or investors targeting the strong 29% cohort of 20-to-39-year-olds in Ivanhoe. The rear position within a 13-unit complex provides privacy and reduced street noise, while the absence of bushfire, flood, or heritage overlays removes common due diligence hurdles. With the property zoned for Ivanhoe Primary School and Thornbury High School, and 69% of local households being families, the rental demand at an estimated $870 per week appears well-supported by demographic fundamentals. The primary risk lies in the 60% renter split within the complex, which can introduce variability in maintenance standards and communal amenity. Buyers should inspect common areas and body corporate records carefully. The 49% auction clearance rate in Ivanhoe signals a softening market, meaning the expression of interest campaign may require patience or realistic pricing expectations. However, the lack of recent comparable sales for this unit type creates an opportunity for a buyer who can negotiate based on the property’s genuine scarcity rather than broad market indices. The NBN Fibre to the Premises and 5G coverage are supporting conveniences, not primary drivers, but they reinforce the property’s suitability for remote workers.