Ormond Suburb Profile

Victoria 3204

Ormond has 4,688 properties. Over the last 5 years, Houses in Ormond have seen a 9.57% increase in median value, while Units have seen a -1.25% decrease. As at 30 November 2024:

• The median value for Houses in Ormond is $1,795,253 while the median value for Units is $597,094.
• Houses have a median rent of $688 while Units have a median rent of $525.

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.