SOLD
RECENT ADVICE
Sold on 19 Oct 2024 for $520,000

106/575 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 961m2
Sold By
Gary Peer & Associates Carnegie - CARNEGIE
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Property Details for 106/575 North Rd, Ormond

106/575 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 961m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
72m2
Land Size
961m2
Local Government
Glen Eira
Lot/Plan
13/PS740639

Last Listing description (November 2024)

Securely situated on the first floor of a boutique development of just sixteen, in the vibrant heart of Ormond, this fabulous, as new apartment is the opportunity you?ve been waiting for. Whether you?re looking to enter the property market or for a future proof investment, be sure not to miss this conveniently located, contemporary apartment defined by clean lines, quality fittings & neutral tones. Immaculate newly laid timber flooring flows from the entry through to the open plan naturally light filled living & dining zone with sliding doors providing access to a covered entertainer?s balcony. Adding to the appeal is a well appointed stone kitchen with breakfast bar, good storage & quality Smeg appliances (including integrated dishwasher). Also featuring two good sized newly carpeted bedrooms with mirrored built-in robes, one with a stylish ensuite & the other serviced by a modern central bathroom. Other features include Euro laundry, lift access,video intercom entry, split system heating/air conditioning & secure basement parking with storage cage. Ideally located just moments to Ormond Station & with the convenience of cafes, restaurants, shopping & schools literally at your doorstep!

Property History for 106/575 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$520,000
19 Oct 2024
Listed for Rent
$460/w
17 Mar 2022
  • 19 Oct 2024
    Sold for $520,000
  • 24 Sep 2024
    Listed for Sale $575,000
  • 22 Mar 2023
    Listed for Sale For Sale | $570,000
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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 4,620 properties. Over the last 5 years, Houses in Ormond have seen a 13.56% increase in median value, while Units have seen a 2.63% increase. As at 31 October 2024:

  • The median value for Houses in Ormond is $1,785,176 while the median value for Units is $618,302.
  • Houses have a median rent of $695 while Units have a median rent of $520.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 159 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.