674 North RoadOrmond VIC 3204
Property Details for 674 North Rd, Ormond
674 North Rd, Ormond is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 395m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Ormond in the last 12 months.
Last Listing description (March 2024)
Count in a College Zone location, measure out the steps to the station, add in the prestige new neighbors...and start adding value here! Representing exceptional McKinnon Secondary College Zone value, this versatile property comes with a super-solid late-period home, deep approx 395 sqm land and value-adding possibilities.
See the substance and scope in this spacious two bedroom floorplan with separate lounge and dining rooms, a well-positioned kitchen awaiting a future extension, and a neat bathroom with separate WC...all just waiting for a designer makeover. Freshly painted with polished hardwood-floors and a reverse-cycle air-conditioner in place, this solid-brick beauty is set in a recently refreshed landscape with stylish boardwalk entry and a ready-to-upgrade brick-fronted garage in the big deep backyard.
Take inspiration from next-door, and add a designer renovation. Then extend the accommodation to enhance an in-Zone, latte life, commuter lifestyle. Alternatively, add up the land, add a tenant and landbank this College Zone property until it's time to add something new.
Whatever the plan, there's never been a better time to add a fast-developing McKinnon College Zone address to your life or portfolio. Within a 350m walk along the Ormond shopping strip to the station, in reach of Centre Rd shopping, a dash through Joyce Park to the College, and in Zone for in-demand McKinnon Primary School too, this is the place to capitalise on educational opportunity, cafe society and an easy commute!
Property History for 674 North Rd, Ormond, VIC 3204
- 20 Mar 2024Sold for $1,100,000
- 29 Feb 2024Listed for Sale $900,000 - $945,000
- 07 Apr 2022Transferred
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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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