SOLD
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Sold on 28 May 2024 for $650,000

2/35 Leila Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/35 Leila Rd, Ormond

2/35 Leila Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Local Government
Glen Eira
Lot/Plan
2/RP126

Last Listing description (May 2024)

With a current tenancy in place until January 2025, the well kept 2 bedroom villa is in a prime location just moments from Ormond train station and shopping district. This cozy villa residence perfectly suit to first-time buyers, downsizersor, investors alike. While the property may exude a classic charm with its modest dimensions, its proximity to essential amenities is undeniably its most enticing feature.

For first-home buyers, this unit offers an ideal entry point into the property market. With its accessible price point and convenient location, it presents a rare opportunity to establish roots in a vibrant community without breaking the bank.

Investors will recognise the potential for steady rental income in this sought-after location. With Ormond train station just a short stroll away, tenants will be drawn to the unparalleled convenience of seamless commuting, ensuring high occupancy rates and reliable returns.

Beyond its practical advantages, this unit embodies the essence of Ormond living. A dynamic neighbourhood known for its friendly atmosphere and diverse amenities. A must to inspect, we look forward to meeting you there.

Eleven north property group requires full contact information with all enquiries and reserves the right to refuse to provide information if full contact details are not provided.

PLEASE NOTE:

Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

Eleven North Property Group requires full contact information with all enquiries and reserves the right to refuse to provide information if full contacts details are not provided.

Property History for 2/35 Leila Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$650,000
28 May 2024
Listed for Rent
$460/w
11 May 2016
  • 28 May 2024
    Sold for $650,000
  • 26 Feb 2024
    Listed for Sale Private Sale $659,000
  • 25 May 2016
    Sold for $617,500
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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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Contact agent
Jerry Yeghichian
Show contact details
Larry Zhou
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Eleven North
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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.