Average rent in Ivanhoe, VIC2026

Ivanhoe is part of the Banyule council area and sits 8km out from the Melbourne CBD, with around 12,458 residents at the 2021 ABS Census. Renters here typically pay $440/week, which is above the Victoria median of $363/week. About 31% of households rent — the rest are owners or paying down a mortgage.

$440/wk

ABS 2021 Census median

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Suburb at a glance

Population
12,458

ABS 2021

Median age
41
Distance to Melbourne
8 km
Households renting
31%
Separate houses
55%
Flats / apartments
23%
Born overseas
27%
Top occupation
Professionals
LGA
Banyule

Renting in Ivanhoe

Ivanhoe commands one of the higher rent points in Victoria, with the typical renter paying $440/week — about 21% above the state median of $363/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (67% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (55%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 12,458, the median age is 41, and the most common occupation category is Professionals. Ivanhoe is 8km from Melbourne. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.

Frequently asked questions

What's the median rent in Ivanhoe?+
According to the ABS 2021 Census, the median weekly rent in Ivanhoe, VIC was $440. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does Ivanhoe rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Ivanhoe came in at $440 — 21% above. Ivanhoe sits 8km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 55% separate houses and 23% flats).
Which suburbs near Ivanhoe have lower rent?+
A few nearby suburbs come in cheaper than Ivanhoe's $440/week (ABS 2021): Burwood East, Box Hill North, Ringwood North. On the higher end, you've got Chirnside Park, Eltham, Dingley Village. Just remember that cheaper rent doesn't always mean better value — commute times, transit access, and the actual condition of the housing stock matter too. You can add to the live picture for your area using the rent submission form below.

Nearby suburbs in VIC

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