SOLD
Sold on 31 Oct 2024 for $600,000

5/575 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5/575 North Rd, Ormond

5/575 North Rd, Ormond is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Ormond in the last 12 months.

Building Type
Apartment

Last Listing description (October 2024)

A burst of brilliance in style and sunshine, this stunning apartment is perfectly placed on the ground floor of a boutique development in the heart of Ormond.

Alluring from both owner-occupier and investor perspectives, beautiful north-westerly light and high-end finishes add a vibrant and sophisticated tone to spacious open-plan living/dining, with full-height sliding doors opening out to a private courtyard, creating a seamless fluidity for indoor/outdoor entertaining.

The striking kitchen is well-equipped with sleek stone surfaces, breakfast bench and Smeg stainless steel appliances – offering an exceptional culinary experience.

2 bedrooms are both fitted with BIRs (main with luxe ensuite), and complemented by a stylish fully-tiled bathroom, split system heating/AC, storage cage and basement car space.

A luxurious statement in apartment living, situated in the McKinnon Primary School zone, only 500m to Ormond Station and with the convenience of cafes, restaurants, shopping and schools on your doorstep.

Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 5/575 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$600,000
31 Oct 2024
Listed for Rent
$500/w
18 Jun 2018
  • 31 Oct 2024
    Sold for $600,000
  • 23 Oct 2024
    Listed for Sale $600,000
  • 12 Jun 2018
    Listed for Rent $500 / 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 4,694 properties. Over the last 5 years, Houses in Ormond have seen a 6.01% increase in median value, while Units have seen a 3.12% increase. As at 28 February 2025:

  • The median value for Houses in Ormond is $1,784,073 while the median value for Units is $620,319.
  • Houses have a median rent of $643 while Units have a median rent of $530.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Ormond.

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