OFF MARKET

2/25 Katandra Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 86m2
Land area: 1225m2
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Last updated 30 Sep 2024
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Property Details for 2/25 Katandra Rd, Ormond

2/25 Katandra Rd, Ormond is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 1225m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1975
Floor Size
86m2
Land Size
1225m2
Local Government
Glen Eira
Lot/Plan
7/RP2011

Last Listing description (November 2021)

Count the steps to the shopping strip (there are around 300), tally up the blocks to the station (there are less than 2), time the trip to the city (exactly 25 minutes) and see the value here! Perfectly positioned for commuter living lifestyle investment, this two bedroom unit adds up to Ormonds best buy with perfectly livable accommodation for today and exactly the right amount of scope to add value tomorrow.

See the sun in large north-facing living, appreciate the extra space in a modern kitchen with meals, pace out the room to relax in big robe-fitted bedrooms and see the sizeable comfort in an updated bathroom with separate WC. With added extras including gas cooking and heating, an air-conditioner, polished boards and a secure garage already in place, this well-appointed well positioned unit adds up to an outstanding buy.

Then appreciate the potential to add a little paint and polish to rent out (or move in) and enjoy life with all need close and an easy commute at the door. Alternatively, complete a design makeover and capitalise on the lifestyle value of this blue-chip locale.

Please note: all enquiries must include a contact phone number.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

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Property History for 2/25 Katandra Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$785,000
06 Nov 2021
  • 06 Nov 2021
    Sold for $785,000
  • 12 Oct 2021
    Listed for Sale AUCTION Saturday 12.30
  • 21 Aug 2002
    Transferred
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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 4,648 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.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Ormond.

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