10/37 Murray Rd, Ormond is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 116m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Add a tenant, add a makeover, add a blue-chip McKinnon College Zone address to your lifestyle or portfolio! Set quietly to the rear of a well-groomed in-demand group, this classic stand-alone two bedroom unit has the added extras that landlords and tenants love. and the value-adding potential that first-home buyers are hoping to find!Count up the extras and you'll find reverse-cycle air-conditioning for large living, ceiling fans and built-in robes for both bedrooms, stylish dual block-out and e-screen blinds for major windows and a secure garage for peace-of-mind. Then see the scope to add value to this flexible floorplan with scope to create open-plan living with courtyard-access via a spotless vintage kitchen, room to re-configure a vast and versatile laundry/bathroom/private WC area, and potential to add a creative landscape to the prettily brick-paved courtyard.There's even the added benefit of a blue-chip address to appeal to investors and owner-occupiers alike. Close to Ormond Primary School, in-Zone for McKinnon Secondary College, and a walk to stations and shopping strips, this one adds up to an invaluable opportunity in the prized McKinnon Hill precinct.
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 4,648 properties. Over the last 5 years, Houses in Ormond have seen a 19.28% increase in median value, while Units have seen a 7.57% increase. As at 30 September 2024:
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