7/498 North RoadOrmond VIC 3204
Property Details for 7/498 North Rd, Ormond
7/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 65m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Ormond in the last 12 months.
Last Listing description (June 2024)
Space, plenty of natural light and a free flowing, open plan living zone will greet you when you walk through this 1st floor city-style secure apartment. This home is so close to transport, cafe's and great schools. Situated in the McKinnon High School zone.
- 2 bedrooms 2 bathrooms (main with ensuite)
- Kitchen featuring stainless steel appliances.
- Open plan living
- Northerly balcony
- Heating/cooling
- Prime location, McKinnon zone, station at your door.
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Property History for 7/498 North Rd, Ormond, VIC 3204
- 20 May 2024Listed for Rent $580 / week
- 24 Jan 2024Sold for $525,000
- 22 May 2023Listed for Rent $500 / week
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0About 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 4,690 properties. Over the last 5 years, Houses in Ormond have seen a 9.57% increase in median value, while Units have seen a -1.25% decrease. As at 30 November 2024:
- The median value for Houses in Ormond is $1,795,253 while the median value for Units is $597,094.
- Houses have a median rent of $688 while Units have a median rent of $525.
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