SOLD
RECENT ADVICE
Sold on 20 Aug 2024 for $395,000

3/7 Leila Road
Ormond VIC 3204

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 650m2
Sold By
Fletchers Glen Eira (Ormond)
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Property Details for 3/7 Leila Rd, Ormond

3/7 Leila Rd, Ormond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 650m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
52m2
Land Size
650m2
Local Government
Glen Eira
Lot/Plan
3/PS500434

Last Listing description (August 2024)

Beautifully presented larger than normal one bedroom apartment with own private courtyard in highly sought after area. Only minutes to shops , Ormond station , good schools and parkland. Ideal for owner occupier or as a great investment.
Well appointed kitchen with dishwasher. Large bedroom with loads of built in wardrobes. Good sized bathroom with laundry facilities. Owner is keen for a sale. Inspection will not disappoint.

Property History for 3/7 Leila Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$395,000
20 Aug 2024
  • 20 Aug 2024
    Sold for $395,000
  • 15 Jul 2024
    Listed for Sale Not Disclosed
  • 15 Aug 2015
    Sold for $341,000
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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.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 177 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.