SOLD
Sold on 01 Jun 2024 for $585,000

3/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
Sold By
Fletchers Glen Eira (Ormond)
Save

Property Details for 3/498 North Rd, Ormond

3/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
81m2
Local Government
Glen Eira
Lot/Plan
3/PS446973

Last Listing description (June 2024)

Prestigiously located among the village and steps from Ormond train station, this two-bedroom domain is a gateway to a sought-after suburb, and an incredible lifestyle opportunity for local professionals.

The design is conscientiously low-maintenance, focusing on curating spaces that emphasise comfort and convenience without compromising on style.

A free-flowing design is distinctly contemporary with its emphasis on light and space, and is served by a wonderfully appointed kitchen complete with high-volume cabinetry, breakfast bar, and quality Westinghouse stove and oven.

Two bedroom accommodation includes mirrored robes in both bedrooms, an ensuite for the primary bedroom, and a main bathroom shared by both.

Final features include reverse-cycle air-conditioning, three wall heaters for superior winter comfort, 2 car parks, a storage cage and video Intercom.

This location is highly sought-after, and for good reason. You can find yourself along Glen Huntly & Koornang roads within only minutes, while being able to take advantage of the retail & lifestyle opportunities offered by nearby Bentleigh village, Oakleigh Mall, Chadstone SC, and local sports fields.

?Indoor-outdoor entertaining options
?Low-maintenance & light-filled design
?Thoughtful layout requiring minimal upkeep
?Blue-chip location within steps of Ormond station

Property History for 3/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$585,000
01 Jun 2024
  • 01 Jun 2024
    Sold for $585,000
  • 23 May 2024
    Listed for Sale Not Disclosed
  • 01 Apr 2007
    Sold for $340,000
Sign in to see more transactions

Commute Calculator

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 4,660 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 9 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

Market Insights
Ormond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ormond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.