Back 507/1 Westley Ave
Off Market

507/1 Westley Ave

Ivanhoe VIC 3079

2
2
1
Apartment
Last sold for $780,000
Matthew TreacyMatthew Treacy, last sold this property on 06 May 2026 after 7 days on market.

Overview

Expressions of Interest Closing Tuesday 26 May at 5pm

Elevated Apartment Living with Village Convenience Located within one of Ivanhoe's most sought-after developments, this comfortable, well-equipped residence offers an exceptional opportunity for first home buyers, downsizers, investors and anyone seeking a low-maintenance lifestyle. As you enter you're immediately welcomed by a spacious open-plan living and dining bathed in natural light which is further complemented by a sleek kitchen equipped European appliances, ample bench space and storage flowing seamlessly to a private balcony with stunning views towards the city perfect for relaxed entertaining. Accommodation consists of a large master bedroom with walk in robe and stylish ensuite plus one further bedroom which is serviced by the central bathroom. Additional features further enhancing this spectacular apartment include split system heating and cooling in each room, additional custom cabinetry, European laundry, secure basement carparking, a separate full-heightstorage cage and access to the beautiful common area rooftop terrace with BBQ facilities. Located just moments from Upper Heidelberg Road with an array of cafes & restaurants, grocery outlets, boutique fashion shops, Ivanhoe Train Station, Ivanhoe Grammar School, Ivanhoe Girls Grammar School, Austin & Mercy Hospitals, multiple parklands and easy access to the Eastern Freeway & only 10kms to the Melbourne CBD.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Ivanhoe over the last 12 months, the estimated median property value of 507/1 Westley Ave is $635k.

Median value
$635k
Estimated value range
$425k - $2.43m
Median days on market
29
Estimated value trend
-1%
decrease 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 507/1 Westley Ave

2026
Sold
$780,000
Private Sale/Treaty on 06 May 2026 by Matthew Treacy, of Nelson Alexander Preston
2017
Sold
$725,000
02 Nov 2017 by Peter Blackburn, of BigginScott Boronia

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 apartments in Ivanhoe

In the last 12 months, 67 two-bedroom apartments similar to 507/1 Westley Ave, have been sold.

This represents a 12% increase in two-bedroom apartments sales when compared to the previous 12 months.

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