SOLD
Sold on 08 Feb 2024 for $580,000

14/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 1028m2
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Property Details for 14/498 North Rd, Ormond

14/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1028m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
89m2
Land Size
1028m2
Local Government
Glen Eira
Lot/Plan
14/PS446973

Last Listing description (February 2024)

Leave the bustle behind and elevate your view on life thanks to this sun-splashed top floor apartment. Simply steps to the station, cafes and shops, this is a home where you have the ideal combination of peaceful interiors yet a location with everything on your doorstep.
Set up high on the north-west corner of the block, this sleek abode is embraced on two sides by a very usable terrace that captures far-reaching views and streams of sun throughout the day right until dusk.
Inside, the large living and dining zone has been refreshed with new oak floors and crisp paint, the stone kitchen with stainless steel appliances also boasting modernised cabinetry.

Offering space for a study or reading nook if desired, the master bedroom boasts a walk thru robe to a glossy en-suite, whilst the second bedroom is a true double and offers a mirrored robe. Servicing the home is a spacious main bathroom with stone vanity and hidden euro laundry, whilst wrapping up the package are ducted heating/cooling, video intercom entry plus two parking spaces and storage cage.
Step out and enjoy a premium lifestyle in this prized McKinnon Secondary College zoned neighbourhood.

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Property History for 14/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$580,000
08 Feb 2024
Listed for Rent
$435/w
07 Jun 2022
  • 08 Feb 2024
    Sold for $580,000
  • 16 Nov 2023
    Listed for Sale $599,000
  • 03 May 2022
    Listed for Rent $435 / 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, 174 properties were sold in the past 12 months in Ormond.

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