OFF MARKET

3/501 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3/501 North Rd, Ormond

3/501 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2007
Local Government
Glen Eira
Lot/Plan
3/PS546138

Last Listing description (March 2022)

This chic and stylish 2-bedroom apartment should be at the top of your inspection list!
In the heart of Ormond, with the station, bus stops, shops & cafes at its doorstep, it is the perfect base to retreat to at the end of the working day and includes a sun-filled open plan living/dining zone with access to a private north-facing balcony, a designer kitchen with stainless steel appliances plus two carpeted bedrooms with built-in robes . A sleek bathroom with separate shower and bath is also offered along with a Euro laundry, intercom, split system heating/cooling and polished floors. There is also the convenience of secure parking and a storage unit.
Calling out to city workers - or simply anyone with little time for property or garden maintenance, this faultless apartment is perfect for young home buyers looking for a carefree first home while as an astute addition to your burgeoning rental portfolio, this is sure to have you reaping the rewards!



We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 3/501 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$530,000
12 Mar 2022
Listed for Rent
$495/w
21 Aug 2018
  • 12 Mar 2022
    Sold for $530,000
  • 17 Feb 2022
    Listed for Sale $510,000 - $540,000
  • 23 Jul 2018
    Listed for Rent - Price not available
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 4,657 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 4 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

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.