91 Ford Street, Ivanhoe VIC 3079

91 Ford Street Ivanhoe | 591sqm land in blue-chip Ivanhoe | 3-bed family hold with reno potential | strong owner-occupier street character The property sits on a rare full-size block in a pocket where smaller lots are now common, giving a buyer positional leverage for future capital growth. The split system heating and cooling and dual toilet arrangement are practical for a family, while the absence of heritage or overlay restrictions means a renovation or extension is commercially straightforward. This house suits a buyer who wants to enter Ivanhoe’s established market without paying a premium for a finished home, and who can tolerate dated interiors in exchange for land depth and a solid school zone. The main risk is the single bathroom, which narrows the buyer pool to couples or small families and may slow resale unless upgraded. The rental yield is modest at under 3%, so this is not an income-first play. However, the 85% owner-occupier street profile reduces turnover risk and supports long-term value. The opportunity lies in adding a second bathroom or extending rearward, which would lift the property into a higher price bracket without overcapitalising relative to the street. Hold for at least five years and treat the current condition as a discount to entry.