2/24 Holloway Street

Ormond VIC 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 4,648 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:

• The median value for Houses in Ormond is $1,751,110 while the median value for Units is $620,747.
• Houses have a median rent of $695 while Units have a median rent of $518.