Hello! We back on to the railway on Ivanhoe too. In answer your questions - No it's not that noisy, it's not a freight line, very occasionally maintenance trains will go by at night but they are pretty quiet and you would only hear them if awake anyway, they are pretty rare though. You do get used to them and block them out after a while. For some reason the evening trains are squeakier than the daytime ones but again, you get used to them, and they're more of a bother in the summer months when all windows are open. It's a nice road to live on all in all, the trains really aren't an issue for us. :)