SOLD
Sold on 21 Dec 2023 for $530,000

8/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 67m2
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Property Details for 8/498 North Rd, Ormond

8/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Ormond in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
67m2
Local Government
Glen Eira
Lot/Plan
8/PS446973

Last Listing description (August 2024)

Welcome to this modern 2-bedroom, 2-bathroom apartment located at 8 / 498 North Road, Ormond VIC 3204. Offering a perfect combination of style, convenience, and comfort, this property is ideal for those seeking a contemporary urban lifestyle.

Step inside and be greeted by the spacious open-plan living area, designed to maximize natural light and provide a seamless flow between the living, dining, and kitchen spaces. The sleek and modern kitchen is equipped with high-quality appliances, ample storage space, and a breakfast bar, perfect for entertaining guests or enjoying a casual meal.

Both bedrooms are generously sized and feature built-in robes, providing plenty of storage for all your belongings. The master bedroom also boasts a private ensuite, offering a touch of luxury and convenience. The second bathroom is conveniently located near the second bedroom and is finished to the highest standards.

With two secure garage spaces, you'll never have to worry about parking again. Additional features of this apartment include a European laundry, split system heating and cooling, and a private balcony where you can relax and unwind after a long day.

Situated in the heart of Ormond, this property offers a lifestyle of convenience. Just a short walk away, you'll find Ormond train station, local cafes, shops, and parks. With easy access to major roads and highways, commuting to the CBD or exploring the surrounding areas is a breeze.

Don't miss out on the opportunity to make this stylish apartment your new home. Contact us today to arrange a private inspection and experience the best of modern living in Ormond.

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Property History for 8/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$530,000
21 Dec 2023
Listed for Rent
$420/w
07 Aug 2017
  • 08 Aug 2024
    Listed for Rent $595 / week
  • 21 Dec 2023
    Sold for $530,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
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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.

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