OFF MARKET

1/507 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 2 Sep 2024
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Property Details for 1/507 North Rd, Ormond

1/507 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Glen Eira

Last Listing description (February 2021)

Sensational master kitchen, extensive bench top space, abundance of cupboards, dishwasher, pantry - cook to your heart's content!

Huge air-conditioned open plan living, gleaming polished floors with superb north-facing balcony. Also features two double bedrooms, two gorgeous bathrooms, laundry, secure entrance with intercom carparking, train station and shops all within 100 m.

** To book an inspection for this property, please click either the 'Book Inspection' or 'Email Agent' button and you will be advised of any inspection times we have available or you will be given the option to register your interest for future inspections if there are no times currently available.

Property History for 1/507 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Listed for Rent
25 Feb 2021
  • 02 Feb 2021
    Listed for Rent - Price not available

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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. It has 4 parks covering nearly 5.4% of total area. The population of Ormond in 2011 was 7,710 people. By 2016 the population was 8,416 showing a population growth of 9.2% in the area during that time. The predominant age group in Ormond is 20-29 years. Households in Ormond are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormond work in a professional occupation. In 2011, 59.8% of the homes in Ormond were owner-occupied compared with 57.7% in 2016.

Ormond has 4,645 properties. Over the last 5 years, Houses in Ormond have seen a 31.11% increase in median value, while Units have seen a 5.78% increase. As at 31 July 2024:

  • The median value for Houses in Ormond is $1,804,361 while the median value for Units is $607,248.
  • Houses have a median rent of $730 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

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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.