OFF MARKET

6/40-42 Ormond Road
Ascot Vale VIC 3032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 1258m2
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Property Details for 6/40-42 Ormond Rd, Ascot Vale

6/40-42 Ormond Rd, Ascot Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1258m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
1258m2
Local Government
Moonee Valley
Lot/Plan
6/RP10252

Last Listing description (September 2023)

Raw and ready to renovate, this two-bedroom retro apartment is ideal for someone seeking an inner-city renovation project. Genuinely spacious and located at the rear of the block, you will love the potential on offer here.

The Essentials:

• Two double bedrooms
• Exceptional living space
• Separate kitchen and dining
• Bathroom with laundry facilities

The Extras:
• Balcony with leafy outlook
• Undercover car space

The Village:
• Vibrant central lifestyle location
• Easy stroll to Mt Alexander trams and Moonee Ponds Train Station
• A few minutes walk to cafes, restaurants, wine bars, and buzzing Puckle Street Precinct
• Proximity to beautiful Queen's Park and to Maribyrnong River trails, Melbourne showgrounds, recreation facilities pools, and gyms
• Easy access to freeway CityLink and CBD

The Clincher:
From the moment you step inside, you’ll be excited by the potential of this retro apartment.

Pennisi Real Estate Essendon wish you every success with your property hunt!

Property History for 6/40-42 Ormond Rd, Ascot Vale, VIC 3032

A timeline of how this property has performed in the market
Last Sold
$421,000
29 Aug 2023
Listed for Rent
$300/w
17 Dec 2018
  • 29 Aug 2023
    Sold for $421,000
  • 15 Aug 2023
    Listed for Sale Not Disclosed
  • 01 Nov 2018
    Listed for Rent $300 / week
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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 8,286 properties. Over the last 5 years, Houses in Ascot Vale have seen a 29.66% increase in median value, while Units have seen a -0.34% decrease. As at 31 August 2024:

  • The median value for Houses in Ascot Vale is $1,407,985 while the median value for Units is $565,119.
  • Houses have a median rent of $695 while Units have a median rent of $500.
There are currently 21 properties listed for sale, and 22 properties listed for rent in Ascot vale on OnTheHouse. According to CoreLogic's data, 336 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.