8/540-546 North RoadOrmond VIC 3204
Property Details for 8/540-546 North Rd, Ormond
8/540-546 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 746m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (August 2015)
With an abundance of natural light, this near new apartment is not only right amongst the action of the Ormond shopping strip and in the McKinnon Secondary School zone, it also provides two substantial bedrooms both with built in robes (one with a study nook), a large open plan living, kitchen and meals area, all flowing seamlessly onto the sun drenched, very private balcony. Sitting perfectly at the rear of the block, this perfect first home or investment also features designer kitchen with stone benchtops & stainless steel appliances, sparkling main bathroom, double glazing in bedrooms, air conditioning, lift access, video intercom, secure underground parking and a huge storage cage. Live the life in the Ormond village with its huge array of cafes, shops and restaurants.
Property History for 8/540-546 North Rd, Ormond, VIC 3204
- 11 May 2015Sold for $440,000
- 05 Mar 2015Listed for Sale $459,000
- 26 Feb 2012Sold for $412,000
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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 4,660 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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