OFF MARKET

2 Ormond Road
Ascot Vale VIC 3032

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 247m2
Land area: 698m2
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Property Details for 2 Ormond Rd, Ascot Vale

2 Ormond Rd, Ascot Vale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 698m2 and floor size of 247m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1970
Floor Size
247m2
Land Size
698m2
Local Government
Moonee Valley
Lot/Plan
5~E/LP2336

Last Listing description (December 2018)

Auction Date: 20th October 2018 at 2:30pm
Secure opportunities for your future and the next generation!
Executor's Auction

Rare opportunity, first time offered in over 65 years.
Magnificent chance to secure a desirable piece of real estate in a prime location, within minutes to all key amenities that this high growth area has to offer. Within 6km to the Melbourne CBD, 14km to Melbourne Tullamarine Airport, surrounded by public transport, (Route 59 and 57 Tram, Ormond Road Bus and Ascot Vale Train Station) all at your door step or within a short walk, primary and secondary schools, universities, close access to Citylink Tullamarine Freeway plus more.
The existing home is well maintained and loaded with value add potential, having been last renovated in circa 1970. The home comprises of three spacious bedrooms, master with ensuite, plus study/office or 4th bedroom, kitchen and meals area, rumpus room, formal dining and family/living room.
More features include high ceilings, polished timber floorboards, main bathroom and laundry, central ducted heating, garage including wash room and carport/off street parking and plenty of courtyard space.
The home includes dual street frontage (Ormond Road and Waratah Street), all set on a generous land area across two titles.
Close proximity to the Activity Centre of Mt. Alexander Road/Ormond Road Ascot Vale.
Lifestyle choices are remarkable being surrounded by some of Melbourne's best restaurants, leisure facilities, parklands, Royal Melbourne Showgrounds, Moonee Valley Racecourse, Flemington Racecourse, Maribyrnong River, and within minutes to Union Road Ascot Vale and Puckle Street Moonee Ponds retail, cafe and business precincts.
Once you have secured this awesome property the choices are endless. The right buyer can explore the potential for re-development of a single dwelling or unit development site (S.T.C.A). More options can include either to renovate, extend or add some style touches and keep the home as a great investment. Either way you will be adding value to this property.
Note: Title does not accord with occupation and the land sold is only that land as contained in the relevant titles. Some structures upon the land occupied may not be located within the relevant title boundaries and some adjoining structures may be located upon the land sold. Please refer to title for land area included with the purchase.
We require minimum 10% deposit
Settlement between 30 - 60 days
Contact your local agents to arrange an inspection or to answer questions you may have.
Mark Errichiello 0408 988 118
mark@essendon.rh.com.au
Jameson Roe 0477 708 196
jameson@essendon.rh.com.au
Raine&Horne Essendon 9374 1111
Raine&Horne Ascot Vale 9370 3333

Property History for 2 Ormond Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
Last Sold
$1,250,000
20 Oct 2018
  • 20 Oct 2018
    Sold for $1,250,000
  • 20 Sep 2018
    Listed for Sale Executor's Auction - $1,150,000 to $1,250,000

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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 8,317 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 17 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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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.