3/7 Leila RoadOrmond VIC 3204
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.
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
- 20 Aug 2024Sold for $395,000
- 15 Jul 2024Listed for Sale Not Disclosed
- 15 Aug 2015Sold 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 4,660 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.
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