OFF MARKET

51 Draper Street
Ormond VIC 3204

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 138m2
Land area: 703m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 51 Draper St, Ormond

51 Draper St, Ormond is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 703m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1930
Floor Size
138m2
Land Size
703m2
Local Government
Glen Eira
Lot/Plan
50/LP9339

Last Listing description (August 2023)

Introducing an extraordinary opportunity, this original yet full of promise period home on 704sqm approx awaits its next exciting chapter, eagerly embracing the potential for creative visionaries to leave their mark.

With boundless possibilities, your imagination can take flight as you consider a stylish renovation/extension, infusing new life into its existing layout and enhancing its value. Alternatively, dare to dream big by rebuilding your ideal home or redeveloping with multiple townhouses (STCA).


The potential for transformation knows no bounds in this charming but tired 3 bedroom, 1 bathroom residence, where the sky's the limit in reimagining the living spaces to suit your unique taste and needs. Currently offering decorative ceilings and leadlight windows, inviting lounge, modern Smeg/Asko appointed kitchen and dining area opening to a rear deck.

Situated in a prized lifestyle location metres to McKinnon Primary and Secondary College (both in the zone), and a walk to North Road cafes, buses to Monash University, Ormond station and the beautiful Joyce Park.

ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property History for 51 Draper St, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$2,150,000
28 Aug 2023
  • 28 Aug 2023
    Sold for $2,150,000
  • 16 Aug 2023
    Listed for Sale $1,900,000-$1,950,000
  • 27 Sep 1976
    Sold for $35,000

Commute Calculator

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 31.11% increase in median value, while Units have seen a 5.78% increase. As at 31 July 2024:

  • The median value for Houses in Ormond is $1,804,361 while the median value for Units is $607,248.
  • Houses have a median rent of $730 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

Market Insights
Ormond Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Ormond Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.