OFF MARKET

103/538 North Road
Ormond VIC 3204

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 549m2
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Property Details for 103/538 North Rd, Ormond

103/538 North Rd, Ormond is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 549m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
2018
Floor Size
42m2
Land Size
549m2
Local Government
Glen Eira
Lot/Plan
13/PS714221

Last Listing description (July 2023)

Natural light, modern style and large balcony for entertaining defines this outstanding apartment. If location and privacy are on your priority list this apartment ticks all the boxes!
Ideally positioned and designed with contemporary tones, this stunning 1 bedroom, 1 bathroom apartment offers a sublime low-maintenance retreat ideal for professionals, first home buyers and investors.
The contemporary open-plan layout is designed to capture the beautiful sunlight that filters through from the large balcony which is perfect for indoor/outdoor entertaining

The bedroom fitted with folded glass doors and Buil-in-robe.
Exceeding expectations in luxury and style complete with split system heating/AC, secure intercom entry, European laundry and basement parking

Located in the heart of Ormond and within the McKinnon Secondary zone, minutes to Ormond station, Monash University bus, great shopping, trendy cafes/restaurants and Allnutt Park & EE gun Reserve.
The Lease until February 2023. $1434 per month.

Property History for 103/538 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$349,000
11 Jun 2015
Listed for Rent
$300/w
01 Feb 2022
  • 09 Nov 2022
    Listed for Sale Contact the agent
  • 01 Feb 2022
    Listed for Rent $330 / week
  • 05 Aug 2021
    Listed for Rent $300 / week
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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.