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VIC › Ivanhoe › Waterdale Rd

165 Waterdale Rd, Ivanhoe VIC 3079

House

$1,515,000

Last sold

13 July 2026

3

Bedrooms

3

Bathrooms

2

Car spaces

339 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,515,000 (13 July 2026).(Recorded sale)
  • FactLand 339 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ivanhoe (last 5 years) with land size: median $2,789/m² of land (n=25). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 (GRZ2) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 5 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1VEGETATION PROTECTION OVERLAY - SCHEDULE 5 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,515,000

13 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Ivanhoe (last 5 years) with land size have a median of $2,789/m² of land (n=25). Districts calculation from recorded sales — not a valuation.

Ivanhoe at a glance

15,199

People

$1,838,500

Median sale

$558/wk

Median rent

1.58%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Ivanhoe report →

Vs Ivanhoe

-17.6%

Median sale

Suburb $1,838,500

+0.34 pp

Gross yield

Suburb 1.58%

Suburb median $1,838,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 2

GRZ2

Jurisdiction

Banyule

Banyule, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 211753709

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,515,00013 July 2026
  2. Listedprice unknowncompleted27 May 2026
  3. Listedprice unknowncompleted27 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 339 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $558/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 339 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    The listing may look cheap relative to land or the street. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 5; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ivanhoe in one glance

Ivanhoe at a glance

15,199

People

$1,838,500

Median sale

$558/wk

Median rent

1.58%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Ivanhoe report →

Keep researching

  • Why Ivanhoe? Read the area thesis →
  • What else is on the market in Ivanhoe →
  • Other records on Waterdale Rd →

Listing material

Listed by Jellis Craig Ivanhoe

Modern Masterpiece in Village Precinct

EXPRESSIONS OF INTEREST CLOSING TUESDAY 14TH JULY AT 6PM (UNLESS SOLD PRIOR)

Jellis Craig. Celebrating contemporary design inspired by elements of modernist appeal, this magnificent architectural triumph unites finely curated spaces with principles of natural light and indoor-outdoor flow, positioned for an advantageous lifestyle within Ivanhoe’s coveted village precinct.

Conceived for supreme luxury and enduring modern style, the striking façade reveals an immediately welcoming palate of premium finishes. Open-concept living is set beneath a soaring double height void of glazing, balanced by the cosy ambiance of an electric fireplace and library/office space wrapped in 180 degrees of leafy vistas. Anchored by a stone breakfast bench servery, the bespoke kitchen is poised for culinary enjoyment equipped with a collection of quality AEG appliances (twin ovens and induction cooktop), servicing the dining which seamlessly extends outside to the large deck, inviting alfresco occasions amidst the low-maintenance landscape.

Read the full description

Accommodation is offered on both levels. Upstairs hosts the grand loft style primary suite complete with a sumptuous ensuite, walk in robe and private terrace enhanced by a majestic view of the city skyline. An additional robed bedroom on the upper level is accompanied by a chic bathroom fitted with separate bath and shower, whilst the ground floor bedroom is paired with a third bathroom. Further complements include a full size laundry, basement double garage, storage room and cellar, plus solar panels and grey water system for efficiency.

Situated in a family favoured locale, this lifestyle sanctuary is surrounded by blue-ribbon convenience. Walk to Upper Heidelberg Road retail, cafes, restaurants and grocers, Ivanhoe Train Station, Ivanhoe Aquatic Centre, Town Hall Library, Ivanhoe Primary School and elite Ivanhoe Girl’s and Ivanhoe Grammar Schools. Also close by Austin Hospital major medical district and easy access to key arterials.

Listing description written by Josh Saunders, Jellis Craig Ivanhoe — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.