FOR SALE
$520,000 - $570,000

5/40-42 Ormond Road
Ascot Vale VIC 3032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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The Biggest of Them All!

SALE BY SET DATE CLOSES TUESDAY 28TH JANUARY 2025 AT 5.00PM (UNLESS SOLD PRIOR)
Impeccably enhanced to meet modern-day expectations, this extremely spacious apartment is prized for its low-maintenance appeal and blue-chip address that caters to lifestyle enthusiasts everywhere. Occupying a corner position on the top floor of a low-density complex, the property has been thoughtfully designed to maximise a flowing layout, while basking in the sunny warmth of a north-facing orientation. The open family domain leads to a complementary balcony; and the sleek kitchen/meals area makes it easy to achieve effortless culinary preparation. It’s well-equipped in premium stainless-steel Smeg cooking appliances, Bosch dishwasher and Franke double sink. A waterfall-edge breakfast bar, stone benchtops and ample glossy cabinetry also combine style with functionality. In addition to this, the trendy bathroom with separate WC services large bedrooms boasting plush carpet flooring and built-in-robes. Ducted heat/split system cooling ensures all year-round comfort; as further highlights include floorboards, a full-size laundry and designated carport parking. Enviably located approximately only 5.5km to our iconic city centre, yet just mere footsteps to the greenery of Ormond Park. Moments to Ascot Vale Station, CBD-bound trams, Flemington Farmers’ Market and Moonee Valley Racecourse. With quick access to major freeways, Union Road eateries, the lush Maribyrnong River Trail and Highpoint’s convenient retail hub.
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Property Details for 5/40-42 Ormond Rd, Ascot Vale

5/40-42 Ormond Rd, Ascot Vale is a 2 bedroom, 1 bathroom Flat with 1 parking spaces. The place is currently for sale with BARRY PLANT KEILOR EAST.

Building Type
Flat

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About Ascot Vale 3032

The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2011 was 13,476 people. By 2016 the population was 14,742 showing a population growth of 9.4% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation. In 2011, 56.7% of the homes in Ascot Vale were owner-occupied compared with 55.5% in 2016.

Ascot Vale has 8,316 properties. Over the last 5 years, Houses in Ascot Vale have seen a 6.81% increase in median value, while Units have seen a -2.49% decrease. As at 30 November 2024:

  • The median value for Houses in Ascot Vale is $1,316,828 while the median value for Units is $598,349.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Ascot vale on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Ascot vale.

Suburb Insights for Ascot Vale 3032

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Caleb Venneri
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Olivia D'Cruz
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BARRY PLANT KEILOR EAST
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.