87 Oriel Road, Ivanhoe, Vic 3079

$1,150,000 - $1,200,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
593 m²
Area

Published on Friday, September 18, 2026 ( See property details for 87 Oriel Road, Ivanhoe, Vic 3079)

$1,150,000 - $1,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming brick home on a spacious 593m2 block in Ivanhoe, offering versatile redevelopment potential in a highly sought-after parklands locale.

🏡 Property Highlights

  • Prime 593m2 landholding in a parklands precinct
  • Potential for renovation, extension, or multi-unit redevelopment (STCA) with GRZ1 advantages
  • Original condition with light-filled living spaces and solid timber floors
  • Close proximity to Ford Park, Darebin Creek parklands, and recreational areas
  • Convenient access to Ivanhoe Village, cafes, boutiques, and major medical facilities
  • Excellent investment opportunity in a rapidly appreciating neighbourhood

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Fully fenced
  • Garage / Secure Parking
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Pet-Friendly
  • Water tank
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87 Oriel Road
Ivanhoe, VIC 3079
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Vertical aerial view — 87 Oriel Road
87 Oriel Road — Vertical Aerial  •  Ivanhoe, VIC 3079  •  Nearmap © 2026

Ivanhoe is a highly desirable suburb renowned for its leafy parklands, vibrant local amenities, and excellent transport links. It offers a blue-ribbon lifestyle with proximity to Ivanhoe Village’s cafes and boutiques, major medical facilities at Austin Hospital, and scenic outdoor spaces like Ford Park and Darebin Creek. The area is experiencing rapid appreciation, making it an ideal location for both lifestyle and investment. Its well-established infrastructure supports future growth and development opportunities, appealing to homeowners, developers, and investors alike.

What are the potential uses for the property given its zoning and land size?
The property offers potential for renovation, extension, or multi-unit redevelopment (STCA) due to its GRZ1 zoning and spacious 593m2 landholding.
Is the property suitable for future development or subdivision?
Yes, the property’s zoning and land size make it suitable for redevelopment or subdivision, subject to council approval.
What amenities and facilities are nearby?
The property is close to Ford Park, Darebin Creek parklands, Ivanhoe Village shopping precinct, cafes, restaurants, Ivanhoe Train Station, Austin Hospital, and LaTrobe University.
What condition is the property currently in?
The property is presented in original condition throughout, offering a blank canvas for renovation or redevelopment.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants are not specified; prospective buyers should conduct due diligence with local council.
Are there any existing planning or development approvals or restrictions on the property? What are the potential costs involved in renovating or extending the property? Are there any easements, covenants, or zoning restrictions that could impact redevelopment plans? Has the property been affected by any flooding or bushfire risks? Are there any upcoming infrastructure projects or planning changes in the area that could influence property value? What are the council rates and any additional levies applicable to this property? Is there any history of pest or structural issues with the property? Are there any shared facilities or community agreements if considering multi-unit development? What is the condition of the existing infrastructure, including plumbing and electrical systems? Are there any noise or nuisance issues from nearby roads, parks, or other developments?

87 Oriel Road, Ivanhoe, Vic 3079 - More Details

$1,150,000 - $1,200,000

EXPRESSIONS OF INTEREST CLOSING TUESDAY 27TH OCTOBER AT 6:00PM (UNLESS SOLD PRIOR)

Positioned within a parklands precinct, this charming brick home on a prized 593m2 (approx.) landholding awaits the next chapter offering opportunity for renovation/extension, new home site or multi-unit redevelopment (STCA) with GRZ1 advantages, appealing to astute home buyers, developers and investors. Presented in original condition throughout, the floorplan comprises light filled living with solid timber floors leading to the retro kitchen with meals, full size laundry and accommodation comprising three bedrooms serviced by a bathroom.

Poised for capital investment, in one of Ivanhoe’s rapidly appreciating neighbourhoods sought for blue-ribbon lifestyle and convenience, this canvas for improvement is just footsteps to Ford Park recreation and picturesque Darebin Creek parklands. Surrounded by infrastructure underpinning future growth including Ivanhoe Village boutiques, grocers, cafés and restaurants, Ivanhoe Train Station, Austin Hospital major medical district, LaTrobe University and easy access to key arterials.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
593 m²

Price guide

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