26 Draper StreetOrmond VIC 3204
Property Details for 26 Draper St, Ormond
26 Draper St, Ormond is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Ormond in the last 12 months.
Last Listing description (July 2023)
Located in the highly sought-after suburb of Ormond, this corner block presents an exceptional opportunity for development. Spanning over 720 square meters, this property offers endless possibilities for those seeking to create their dream home or develop an impressive multi-dwelling development (STCA).
Boasting a desirable location within the highly-regarded McKinnon Secondary College and McKinnon Primary School zone, this property is the perfect opportunity for families looking to build their forever home in a premier location. With the added bonus of being within walking distance of the primary school, you can enjoy the convenience of a quick and easy school drop-off every day.
It presents a blank canvas for those seeking to create a stunning family home or investment opportunity. With three spacious bedrooms, one bathroom, and two car spaces, this property provides a solid foundation for those seeking to embark on a development project.
This property's potential is not limited to its location and block size, but it also presents a unique opportunity for those with a keen eye for development. The property is situated in an area with strong capital growth and rental demand, ensuring that your investment will pay dividends in the future.
Take advantage of this rare opportunity to secure a prime development site in one of Ormond's most sought-after locations. Contact us today to arrange a viewing and start planning your dream development project.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 26 Draper St, Ormond, VIC 3204
- 16 Apr 2024Sold for $2,205,000
- 24 Apr 2023Listed for Sale Contact Agent
- 08 Jul 2022Listed for Sale Not Disclosed
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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 24.73% increase in median value, while Units have seen a 9.12% increase. As at 31 August 2024:
- The median value for Houses in Ormond is $1,746,031 while the median value for Units is $619,331.
- Houses have a median rent of $700 while Units have a median rent of $500.
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