4/17 Arnott St, Ormond is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 821m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
Packaged To Perfection
This totally renovated ground floor apartment offers secure, low maintenance living in a quality leafy tree lined locale only moments from all the ingredients you need to suit a busy lifestyle. Featuring neutral decor throughout, quality fitiings include stainless steel cooking and fully equipped en-suite bathroom. A north facing living room provides wonderful outlook to a private garden courtyard.
This development is maintained to a high standard, and this apartment provides a brilliant start in the market or a smart addition to your property portfolio with an excellent tenant in occupation (monthly basis) and a strong rental income. Full security with remote gates to a single carport completes the package. Ormond shops and station are close by, and there is easy access from North Road to Monash University or the Bayside suburbs.
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:
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