OFF MARKET

736 North Road
Ormond VIC 3204

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 68m2
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Property Details for 736 North Rd, Ormond

736 North Rd, Ormond is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2004.

Building Type
House
Land Size
68m2
Local Government
Glen Eira
Lot/Plan
1/PS447002

Last Listing description (May 2012)

ORMOND INVESTMENT - 3 LEVEL COMMECIAL / RESIDENTAL BUILDING
Currently for Sale, this tenanted and leased investment is returning a healthy $28,000pa gst inclusive PLUS outgoings.A three storey property in Ormond, this is in a great corner location on North Road.
Comprising;

- Ground floor is a shop/office, currently a hairdresser's salon
- First floor is a large modern kitchen and dining area which then flows out to a beautiful rooftop courtyard
- Top floor consists of study area, laundry and large bedroom with ensuite that consists of large double shower and separate bath
- Lockup garage for 1 car
- New 3 year lease(commenced 26th Oct 2011)
- Further terms 3 years plus 3 years
Paul Rizzo 0418 688 888
George Kelepouris 0425 798 677

Property History for 736 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$425,000
01 Mar 2004
Listed for Rent
$6.44k/w
12 Oct 2011
  • 20 Sep 2011
    Listed for Rent $336,000 / year
  • 30 Jun 2011
    Listed for Rent $336,000 / year
  • 10 Apr 2011
    Listed for Sale $595,000
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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 4,645 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

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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.