OFF MARKET

12 Wheeler Street
Ormond VIC 3204

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 730m2
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Property Details for 12 Wheeler St, Ormond

12 Wheeler St, Ormond is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 730m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1930
Floor Size
130m2
Land Size
730m2
Local Government
Glen Eira
Lot/Plan
74/LP6466

Last Listing description (October 2023)

This magnificent parcel of vacant level land, measuring approximately 762 square metres, presents a remarkably opportunity to secure a prime piece of real estate in the McKinnon Secondary College Zone. This zone is known for its exceptional education standards, making it an attractive highly sought-after choice for families seeking quality education for their children. The best part is that the property is currently vacant, so you don't have to worry about the hassle and expense of clearing any structures from the site. The allotment is perfect for those with a grand-scale vision and a creative side who want to design a contemporary family home that meets all of their specifications (STCA). Alternatively, you could take advantage of the approved plans and permits in place to build four luxury townhouses. With all the hard work already done, there's no need to deal with red tape or councils. The location of this property is also a significant advantage. Ormond Station is just a short walk away, providing easy access to Melbourne's CBD and other popular destinations. The local shops and cafes are a hub of activity, making this neighborhood an attractive place to live, work and play. The nearby Joyce Park is a great place to relax and enjoy the outdoors, while Bentleigh Shopping Centre provides all the amenities you could need. Bring your architect and builder, and let your dreams become reality, because as Mark Twain once said: "Buy land, they're not making it anymore." Whether you choose to design a contemporary family home or build luxury townhouses, this property is an excellent opportunity not to be missed.

Property History for 12 Wheeler St, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$2,000,000
09 May 2023
Listed for Rent
01 Jun 2014
  • 09 May 2023
    Sold for $2,000,000
  • 01 Mar 2023
    Listed for Sale McKinnon Secondary College Zone
  • 01 Mar 2017
    Sold for $1,980,000
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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 4,657 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 4 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 162 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.