SOLD
Sold on 27 Sep 2024 for $630,000

2/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
Land area: 1025m2
Sold By
Buxton Bentleigh
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Property Details for 2/498 North Rd, Ormond

2/498 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 1025m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
91m2
Land Size
1025m2
Local Government
Glen Eira
Lot/Plan
2/PS446973

Last Listing description (October 2024)

This inviting ground-floor apartment packs a punch. On entering, you'll be struck by the light pouring into the main living space, illuminating the attractive kitchen and spacious living area.

The light floorboards, pale grey walls and large windows continue throughout the apartment, giving a sense of space and harmony.

The light beech kitchen cupboards contrast beautifully with the black granite work tops and cool, black subway tiles.

There's ample storage, including double door shelved pantry, and some appliances (Technika oven, LG induction hob & De Longhi dishwasher) are included in the sale. The stainless-steel sink overlooks the living space and faces the breakfast bar, with seating for 4.

The roomy living area offers space for a sizable dining table as well as lounge set, and basks in the natural light streaming in from the large glass sliding doors. Through these double-glazed doors you'll find an extensive, dual-level outdoor terrace, which is both private and sunny.

A built-in bar area with space for a BBQ conjures up images of entertaining family and friends outside on sunny evenings or weekends.

Back inside, a corridor off the living area leads to two double bedrooms, both with BIRs and the larger bedroom has double BIR, as well as a sunny alcove, ideal for a study or seating area.

A European-style laundry is handily situated in one of the bathrooms, and comprises a sink, a dryer (included in the sale) and space for a washing machine.

The bathrooms are stylish and practical, with over-sized dark grey floor tiles, rain shower heads, a bathtub in one and an attractive grey tiled feature wall providing a pop of elegance in the other.

Additional features include split system heating/cooling, double glazing, under sink water filtration system and shared internal stairs access to the large lockable storage cupboard and two private parking spaces in the secure basement garage.

With shops, restaurants, a gym and Ormond train station all within a few minutes' walk, this apartment would be an enviable choice for someone keen to enter or move up the property ladder or equally someone looking to downsize.

Notably, it is zoned in the prized catchment area for Ormond Primary School and McKinnon Secondary School. If you're looking for convenient living in a convenient location, with space to host family and friends, this apartment could be the one for you.

Property History for 2/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$630,000
27 Sep 2024
Listed for Rent
$570/w
13 Nov 2023
  • 27 Sep 2024
    Sold for $630,000
  • 25 Sep 2024
    Listed for Sale $550,000 - $600,000
  • 26 Oct 2023
    Listed for Rent $570 / 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 4,620 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, 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.