Ivanhoe
The median rent for a 2-bedroom unit in Ivanhoe is $600 a week for leases that started in the year to September 2025, up 7.1% on a year earlier. That is 9% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,793,000 for a house and $695,000 for a unit. A year of rent for that home is about 4.3% of its median sale price (gross rental yield). The rent data covers Ivanhoe-Ivanhoe East as one area, so these rent figures are shared by Ivanhoe, Ivanhoe East.
Median rent in Ivanhoe
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $490 | +2.1% | 179 |
| 2-bedroom unit | $600 | +7.1% | 347 |
| 3-bedroom unit | $750 | +7.1% | 66 |
| 2-bedroom house | $600* | +5.3% | 19 |
| 3-bedroom house | $750 | +7.1% | 71 |
| 4-bedroom house | $1,000 | +5.3% | 46 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,793,000 | Mar 2026 quarter |
| Unit | $695,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Brunswick $600 a week
- Camberwell $600 a week
- Carlton North $600 a week
- Elsternwick $600 a week
- Glen Iris $600 a week
- Hawthorn $600 a week