Candela is perfectly positioned at the entrance to Ivanhoe Village. Offering quality, large and elegantly designed 1, 2, 3 and 4 bedroom options with smart and flexible floor plans to suit downsizers, a young growing family through to their teenage years, multi-generational family living or for a single/couple looking for a lock-up-and-leave lifestyle with extra space and room for their guests.. Project Highlights: - Builder Appointed: Ironside, with construction well underway - Settlement Expected: October 2026 - Prime Location: At the entrance to Ivanhoe Village, with a WalkScore of 90 out of 100 – a true walker’s paradise - Flexible Floorplans: Smart layouts to suit downsizers, growing families, multi-generational households, or singles/couples seeking extra space - Oversized Interiors: Generous living areas and bedrooms designed for comfort and functionality - Premium Kitchens: Gas cooking, Miele appliances, and select designs with walk-in pantry - Thoughtful Inclusions: Separate laundry rooms and walk-in robes to all bedrooms in various layouts - Stamp Duty Savings: Significant benefits still apply compared to purchasing an established home - Lifestyle Convenience: Just a 6-minute walk to Ivanhoe train and bus station - Vibrant Surroundings: Close to parklands, cafés, restaurants, and the Upper Heidelberg Road precinct - Education Excellence: Surrounded by some of Melbourne’s finest public and private schools - Affordable Luxury: Entry-level price points offering access to one of Melbourne’s most prestigious addresses Visit or contact our friendly team today and explore your options at Candela Ivanhoe.

Candela Ivanhoe - 40 Upper Heidelberg Road, Ivanhoe

In the property market, many genuine financial shortcuts are scarce. Almost every region nationwide has experienced considerable growth over the last five, ten, or even fifteen years—driving affordability measures far above traditional standards.&nbsp;

One of the largest costs faced by buyers is stamp duty, especially when combined with mandatory deposits. A 10 per cent deposit typically triggers Lenders Mortgage Insurance (LMI), and to avoid that additional cost, buyers usually need to provide a 20 per cent deposit.&nbsp;

However, there is one area of potential savings that’s often overlooked: stamp duty concessions.&nbsp;

In the established market, stamp duty exemptions are limited to specific buyer segments or price points. But in Melbourne’s off-the-plan apartment market, the Victorian Government is offering a significant incentive—abolishing stamp duty entirely until October 2026, regardless of purchase price.&nbsp;

While other costs still apply, the difference in stamp duty between buying off the plan and purchasing an established property in Melbourne is now substantial.&nbsp;

This difference is especially pronounced in house-dominated suburbs like Ivanhoe, located in Melbourne’s leafy north-east. Developer Salter Brothers has identified an opportunity in the local apartment market, where the median house price sits at approximately $1.8 million—up 10 per cent over the past 12 months.&nbsp;

Their latest project, <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, presents a compelling case for savvy buyers looking to take advantage of stamp duty savings only afforded in the off the plan development.&nbsp;

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Buyers of the $2,366,000 homes would pay around $51,854 in stamp duty. In contrast, the same priced home in the established market would cost around $133,790 in stamp duty, a difference of around $81,000.&nbsp;

A two-bedroom apartment priced just under $1 million would attract $16,270 in stamp duty at Candela, compared to nearly $55,000 in the established market—around $38,455 difference.&nbsp;

One-bedroom apartments, starting from $649,000, would incur stamp duty of just $9,350. An established property at that price would cost around $34,010 in stamp duty.&nbsp;

These figures reflect the benefit of how stamp duty is calculated on off-the-plan purchases (for owner occupiers), based only on the land component at the time of contract and point of construction —compared to established homes, where it is calculated on the full purchase price. Once construction is complete, however, these off the plan incentives are no longer available.&nbsp;

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It’s a technicality that has evolved into a smart strategy for those who know where to look. At Candela, these financial advantages come with the added bonus of thoughtfully designed, contemporary apartments in one of Melbourne’s most desirable postcodes.&nbsp;

<h2>Why Ivanhoe?&nbsp;</h2>

Ivanhoe remains one of Melbourne’s most established and sought-after suburbs, offering a strong mix of lifestyle and convenience. It boasts access to top-tier schools, well-developed transport infrastructure, and vibrant village-style retail and dining. The area’s enduring appeal lies in its leafy streetscapes, proximity to the CBD, and nearby Yarra River parklands.&nbsp;

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Candela is ideally located near Upper Heidelberg Road, offering residents seamless access to cafés, essential services, and public transport.&nbsp;

<h2>Design-led living at Candela&nbsp;</h2>

Salter Brothers partnered with architect John Demos to create four distinct apartment collections within Candela—Aurora, Brillante, Halo, and Lustre—with floorplans ranging from one to four bedrooms.&nbsp;

Apartments in the Brillante collection and beyond are well-suited to families. Curved walls in the master bedrooms create natural nooks, ideal for nursery corners or serene study spaces.&nbsp;

The one-bedroom Aurora apartments provide another thoughtful living solution: dual-key designs that allow for multi-generational living. These layouts enable grandparents or young adults to live close by while retaining privacy and independence. With just two of these apartments left, they represent a rare opportunity for proximity with autonomy.&nbsp;

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Residents will benefit from access to commercial spaces designed to promote community connection, alongside private amenities including a resident lounge and rooftop terrace.&nbsp;

<h2>The long view on off the plan purchases&nbsp;</h2>

While buying off the plan involves some considerations—such as construction timelines and the need to thoroughly review plans and specifications—it also presents clear advantages. Chief among them is the ability to secure today’s prices while avoiding the higher upfront costs associated with established properties.&nbsp;

Construction at Candela, led by Ironside, is already underway, with completion expected by the end of September 2026.&nbsp;

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Savings can be around $81,000 to buy in Ivanhoe's newest off the plan apartment development, Candela Ivanhoe

Joel Robinson

How off the plan can help a home buyer save thousands in Melbourne’s Ivanhoe

Multi-generational living is becoming increasingly common in modern apartment developments.

As baby boomers begin planning for retirement, many are looking to downsize—unlocking equity from their large family homes now that their children have left, or are preparing to leave, the nest.

They're seeking homes that are more low-maintenance and less demanding, but still spacious and practical.

Some downsizers wait until their children move out; others plan ahead for that eventual reality. The latter group often seeks large apartments with multiple living zones—allowing adult children, who might still be studying or starting full-time work, to retain some independence while staying within the family home.

With this in mind, Salter Brothers teamed up with architect John Demos to design their new Ivanhoe apartment development, <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela</a>, to meet the needs of downsizing families. The result: a limited collection of large, dual-level residences featuring multiple living zones.

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These multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing—often out of reach in inner-city suburbs like Ivanhoe.

There is also a smaller, yet significant, market of buyers planning to accommodate ageing parents in the future. To cater for this, the two-level known as the loft style apartments in the Lustre collection feature a master bedroom on the ground floor—complete with an ensuite and walk-in wardrobe—situated next to the main kitchen, living, and dining area. This thoughtful layout eliminates the need to navigate stairs, providing added comfort and accessibility. &nbsp; Additionally, the Lustre collection includes single storey apartment options for young families.

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Several apartments also include integrated study nooks, catering to children of all ages—whether for homework, remote learning, or working from home.

Candela offers four distinct apartment collections: Aurora, Brillante, Halo, and Lustre, with a mix of one- to four-bedroom floorplans.

From the Brillante collection upwards, each configuration is suited to family living. The curved walls in the master bedrooms of Brillante apartments, for example, lend themselves to being used as nursery corners or quiet study areas.

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The one-bedroom Aurora apartments offer yet another form of multi-generational living: adjacent, yet independent, residences. A grandparent or young adult can live nearby while maintaining their own private space. With only four of these unique layouts available in the entire development, they present a rare opportunity to achieve proximity with privacy in a new build.

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In addition to introducing new apartment living to a suburb traditionally dominated by detached houses, Salter Brothers is also delivering valuable amenities to Ivanhoe. The apartments will have access to commercial spaces—designed to foster community connection while serving both residents and the wider neighbourhood. Residents will also have exclusive access to private amenities, including a residential lounge and rooftop terrace.

Construction has commenced, with completion expected by the end of September 2026.

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The multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing

Candela apartments offering multi-generational living in the heart of Ivanhoe

Salter Brothers’ latest apartment development, Candela Ivanhoe, is a pivotal development that marks a new chapter for Upper Heidelberg Road and the gateway to Ivanhoe.&nbsp;

The mix of accessibility, modern design, and community integration places <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela Ivanhoe</a> at the forefront of Ivanhoe’s urban evolution.

After years of vacancy, and an earlier attempt at a smaller project, the triangular site at 40 Upper Heidelberg Road is undergoing a significant transformation.&nbsp;

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Candela will offer a range of living options, from one-bedroom apartments to larger house-sized apartments, in a six-level mid-rise structure — a range of options tailored to meet modern family needs, including multi-generational living.

As the availability of larger family homes diminishes, developments like Candela are increasingly essential in providing ample living spaces for families seeking the convenience of apartment life without sacrificing comfort.&nbsp;

The design, by John Demos, features a modern façade of balconies and windows adorned with a distinctive brass veil, bringing a modern touch to a suburb known for its historical significance.&nbsp;

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Positioned at the entrance to Ivanhoe Village, Candela is not only adding 62 new apartments, but is also helping reshape the area’s community feel through a mix of public spaces and commercial offerings that integrate contemporary architecture with the suburb’s rich heritage.

The development includes a public piazza, designed to activate the ground level with a cafe, wine bar, and commercial spaces, fostering community interaction and providing amenities for residents and locals.&nbsp;

This focus on community integration creates a vibrant space that enhances Ivanhoe’s already well-established sense of neighbourhood connectivity.

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Candela’s location is a crucial factor in its impact on the area. With a Walk Score of 90, residents can easily access a variety of lifestyle perks, from Ivanhoe Station, which is a six-minute walk away, to the nearby parks, cafes, restaurants, and schools that line Upper Heidelberg Road.

Residents can enjoy the benefits of a connected, car-optional lifestyle, as everyday needs can be met within a short walk.

Ivanhoe Village offers a range of dining options, from the popular café Pinkie to the local wine bar Vino Central and Italian eatery Woodfire Pizza e Cucina.

Residents will also find themselves close to <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a>’s prestigious schools, including Ivanhoe Grammar and Ivanhoe Girls’ Grammar, as well as recreational facilities such as the Ivanhoe Tennis Club and Ivanhoe Golf Course.&nbsp;

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The development includes a public piazza, designed to activate the ground level with a cafe, wine bar, and commercial spaces, fostering community interaction and providing amenities for residents and locals

How Candela Ivanhoe is shaping the gateway to the exclusive north-east suburb

Salter Brothers' latest development, <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a><a>&nbsp;Ivanhoe</a>, is set to bring a range of lifestyle amenities to the heritage-rich suburb of <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a> in Melbourne.&nbsp;

Designed by architect <a href="/architects/john-demos-architects">John Demos</a> and interior designer <a href="/interior-designers/kathy-demos">Kathy Demos</a>, <a>Candela Ivanhoe</a> offers 62 smart and flexible apartments across six light-filled levels, designed to suit all purchasers whether they be downsizers, first home buyers, couples, or families.

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Beyond the private living spaces, <a href="/developers/salter-brothers">Salter Brothers</a> has integrated several community-oriented and environmentally-friendly features.

Starting on the ground floor is Candela’s providore and in-house café, providing residents with convenient access to artisan food and barista-quality coffee.

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The cafe doubles up as a wine bar to become a great meeting spot for anytime of the day.

Fitness enthusiasts can participate in exercise classes on the rooftop garden or simply lounge around with neighbours in the alfresco atrium.

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Salter Brothers has also incorporated a range of initiatives to promote energy efficiency, harness renewable energy, and create a community that prioritises the environment.

The installation of double-glazed windows and a 25kW solar array on the rooftop has earned the development a remarkable 7-star NatHERS average energy rating, surpassing the 6-star energy rating average.

Rainwater tanks are also strategically placed to collect water for reuse in toilet flushing and irrigation.

This not only benefits the environment but also significantly reduces the Owner’s Corporation costs, making sustainable living accessible to all.

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Candela Ivanhoe will be situated just a six-minute walk from Ivanhoe Station, in a prime location with a walk score of 90/100.

Residents will enjoy convenient in-building amenities and easy access to local amenities, including nearby parks, restaurants, and prestigious schools.

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The cafe doubles up as a wine bar to become a great meeting spot for anytime of the day.

Kathy Demos

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