5/29 Katandra Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1222m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
A brand-new renovation in this fully refurbished block of only 10 apartments provides a wonderful opportunity for the astute investor or own occupier to buy into this boutique development in the heart of Ormond. Occupying the first floor at the rear of the building this apartment has been finished to the highest standards. Engineered timber floorboards, Bosch stainless steel kitchen appliances, dishwasher, sparkling central bathroom with laundry facilities, all complement the large and spacious living zones, kitchen with meals area and 2 large bedrooms with built in robes. Secure automatic gate entry and under cover parking for 1 car. Easy access to Gunn Reserve for a morning or evening stroll, cafes, train & bus services & North Road shopping for your essentials. A 10-minute drive to popular Bayside beaches & restaurants, GESAC, Chadstone Centre or Monash University - Caulfield Campus.
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 4,662 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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