SOLD
Sold on 03 May 2024 for $380,000

3/545 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 3/545 North Rd, Ormond

3/545 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
74m2
Local Government
Glen Eira
Lot/Plan
3/PS633092

Last Listing description (March 2023)

This modern 2 bedroom rear apartment accommodates:designer kitchen with s/steel appliances, stone bench, dishwasher; living area opening to a private terrace/balcony, bedrooms with BIR, immaculate bathroom with the shower and a toilet, Euro laundry, split system air conditioning/heating, private storage, remote car parking for 1 car. Ideally located, only 2 minutes walking distance to Ormond Station, supermarkets, restaurants and shops.
Small block of 8 apartments only.

Property History for 3/545 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$380,000
03 May 2024
Listed for Rent
$390/w
28 Feb 2023
  • 03 May 2024
    Sold for $380,000
  • 28 Feb 2023
    Listed for Rent $390 / week
  • 15 Jun 2020
    Listed for Rent $385 / 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 4,659 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 5 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Ormond.

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