736 North RoadOrmond VIC 3204
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.
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;
- 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
- 20 Sep 2011Listed for Rent $336,000 / year
- 30 Jun 2011Listed for Rent $336,000 / year
- 10 Apr 2011Listed for Sale $595,000
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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 4,659 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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