Ivanhoe

Overview

Development Victoria is partnering with Australian‑owned developer PDG to build around 275 homes at 421 Upper Heidelberg Road, Ivanhoe.

Located just 9 kilometres from Melbourne’s CBD, the location offers convenient access to schools, hospitals, employment areas, public transport and local amenities.

The development will include a mix of 1-, 2- and 3-bedroom apartments to accommodate different budgets, lifestyles and needs.

A minimum of 10% of homes will be offered as affordable housing.

Community open space

The project includes a new publicly accessible park of approximately 2,000 square meters, The park will priorities accessibility, amenity and connection to place, creating a high‑quality public space that supports community use while recognising the cultural and environmental significance of the site.

Development partner

PDG was the selected development partner in to transform the site in late 2025.  The project is part of the Victorian Government’s commitment to boosting housing supply in Melbourne’s inner north‑east and delivering more homes close to jobs, transport, schools and services.

Find out more about PDG’s portfolio of projects

Next steps and planning approvals

PDG will lead the next phase of the project by preparing detailed designs in line with the approved Development Plan and Concept Plan. These designs will be submitted as part of a planning permit application, which must be approved by the Minister for Planning before construction can begin.

Development Victoria’s role

Development Victoria will oversee the projects Development Agreement with PDG to ensure government objectives are delivered.