OFF MARKET

Wild Cherry Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1028m2
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Last updated 2 Sep 2024
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Property Details for Lot 20 Wild Cherry Rd, Ormond

Building Type
Unknown
Year Built
1970
Land Size
1028m2
Local Government
Glen Eira
Lot/Plan
20/SP36602

Property History for Lot 20 Wild Cherry Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$330,000
04 Sep 2023
  • 04 Sep 2023
    Sold for $330,000

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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.