Back 5/123 Waterdale Road
Off Market

5/123 Waterdale Road

Ivanhoe VIC 3079

2
1
1
Townhouse
Last sold for $977,000
Brad PearceBrad Pearce, last sold this property on 10 October 2025 after 9 days on market.

Overview

Elegance & Ease On The Village Green.

SOLD by Miles Real Estate. Desirably located in a serene village green setting directly overlooking parkland, this elegant modern townhouse in exclusive 'Ivanhoe Mews' presents an exceptional low-maintenance opportunity only footsteps to local cafes, restaurants, shops and supermarkets with a vibrant community atmosphere. Set quietly towards the rear and north-facing to the park, this delightful two bedroom home's charming Georgian-inspired façade with hedged frontage introduces a superbly reinvigorated interior including fresh paintwork and new carpets. Polished spotted gum floors flow through a bright living room with a bay window offering a leafy sunlit outlook, to an open-planned rear where a granite-bench kitchen features a stainless-steel gas cooktop, Bosch under-bench oven and dishwasher, pantry and wine storage. Adjoining is a full-size laundry and a separate toilet, before a generous dining and lounge area with double block-out blinds and French doors opening seamlessly to a private entertainment deck with a beautiful Japanese maple, and a remote-control garage that provides easy access directly from Waterdale Road. A flexible study nook at the top of the stairs leads to a north-facing main bedroom enjoying tranquil parkland views, that's complemented by split-system air conditioning, a walk-in robe with mirrored doors, shelving and hanging space, and ensuite-access to a two-way shared bathroom including a twin vanity, separate bath and a corner shower. Further is a spacious second bedroom with built-in robes, while there's also ducted heating, LED lighting, under-stairs storage and security intercom. Experience a wonderful low-upkeep lifestyle on the park with this perfectly inviting home and relish the convenience of being only metres away from Ivanhoe's blue-chip amenities including the train station and aquatic centre, schools and Heidelberg's hospitals.

Features

2 bedrooms
1 bathroom
1 carspace
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Ivanhoe over the last 12 months, the estimated median property value of 5/123 Waterdale Road is $926.5k.

Median value
$926.5k
Estimated value range
$610k - $1.56m
Median days on market
23
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ivanhoe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/123 Waterdale Road

2025
Sold
$977,000
Auction Sale on 10 Oct 2025 by Brad Pearce, of Miles Real Estate
2020
Rented
Undisclosed
Leased on 08 Jan 2020 by Miles Real Estate

Happy sellers in Ivanhoe

97%
97% of sellers in Ivanhoe reported that their sale price either exceeded or met their price expectations.

Ivanhoe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Ivanhoe over the last 12 months.

Local market activity for 2 bedroom townhouses in Ivanhoe

In the last 12 months, 15 two-bedroom townhouses similar to 5/123 Waterdale Road, have been sold.

This represents a 15% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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