A foot in the door for first homeowners at Ivanhoe Apartments

Market Insights
5 years ago
3 minutes

In the layering of Melbourne’s suburbs, Ivanhoe is very near the top. It doesn’t attract the attention of Toorak or Brighton, but that’s probably because the multi-million sales are few and far between. People just don’t want to move from the leafy streets, the gorgeous views and the lifestyle.

The green and hilly suburb is generally considered stratospherically out of the range of first home buyers, but Caydon is making it possible to own for the same price as renting with an exclusive offer on one-bedroom apartments in the stunning Fender Katsalidis-designed Ivanhoe Apartments.


For a limited time, Caydon is contributing $20,000 to the deposit of first home buyers who purchase a one bedroom apartment. With this added boost to home deposits, first-time buyers can own in Ivanhoe for the same price as renting — as little as $417 per week*.Apartment prices in the local area have grown by 95% in the last 12 years – and with only 1.5% of total vacant land for future residential projects, Ivanhoe Apartments is a rare opportunity for first homeowners to secure property in this highly sought-after blue-chip suburb.

Another drawcard of Ivanhoe Apartments is that you don’t have to wait to move in. The beautiful curved building on one of Melbourne’s highest points is move-in ready, with residents set to enjoy panoramic views in all directions and gorgeous gardens ahead of lazy summer days by the hotel-style pool with city views.


Just 10km from the CBD, Ivanhoe Apartments offer a sophisticated, elegant and easy lifestyle. Light and space are the key themes of each home, enhanced by balconies providing views and a connection to the beautiful surrounds. With generous benchtops in the kitchen, mosaic bathroom tiling and plush carpet in the bedroom, each apartment is beautifully appointed by an expert design team.


High-end finishes are also found throughout the shared spaces. The residents’ lounge on level four features plush seating arranged around a large fireplace, while a generous dining room has access to a fully appointed kitchen for entertaining groups of family and friends.

Amongst other shared amenities, the swimming pool and gym mean new owners can cancel expensive gym memberships and exercise from the comfort of home, while the beautiful terraced garden on the ground floor acts as an extended backyard. Framed by wire ‘walls’ of climbing plants which creates a screen of greenery and dappled sunlight, the garden is the perfect place to relax.

With more than $316M worth of recent and future local infrastructure investment, growth in the local area is only going to increase. So, if you’d like to start your first home journey in a building with enviable amenity, in a suburb you’ll feel proud to call home, enquire today to find out how Caydon can help you take that first step sooner.

*Based on purchase price of $441K with 10% deposit, $20,000 Caydon deposit boost an interest rate of 4% [source: Aussie Home Loan Repayment Calculator]