OFF MARKET

3/289 Grange Road
Ormond VIC 3204

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 1045m2
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Property Details for 3/289 Grange Rd, Ormond

3/289 Grange Rd, Ormond is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2021. The property has a land size of 1045m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Townhouse
Year Built
2021
Floor Size
95m2
Land Size
1045m2
Local Government
Glen Eira
Lot/Plan
3/PS841862

Last Listing description (November 2024)

Great opportunity for Investors. Nestled in the exclusive Ormond terraces, this bespoke dual level townhouse has been finished with superior quality and contemporary class. Displaying pure indulgence, timber floors highlight the light filled open plan living/dining area, served by a luxuriously appointed kitchen showcasing stone surfaces and Miele appliances. On the upper level, you will discover three robed bedrooms (main with fully tiled ensuite), plus a skylit bathroom accented with matte black tapware. This designer retreat is complete with a powder room, heating and cooling, entertaining courtyard, two basement car spaces and storage cage. Set in the heart of vibrant Ormond, moments to local cafes, thriving bars & restaurants, quality schools, stunning parklands and shopping precincts.

Currently Under Lease till 10th August, 2025 - $3,693 per calendar month.

Property History for 3/289 Grange Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$880,000
29 Jun 2021
Listed for Rent
$750/w
04 Oct 2022
  • 18 Sep 2024
    Listed for Rent $850 / week
  • 31 Jul 2024
    Listed for Sale $850,000 - $900,000
  • 30 Aug 2022
    Listed for Rent $750 / 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 4,662 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 12 properties listed for sale, and 10 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.