Market snapshot

Suburb insights for Ormond3204

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Ormond is located 12 km south-east of the CBD a small residential suburb centred on North Road and Frankston railway line. A significant retail area along North Road Ormond Shopping Centre provides specialty shopping and offices. Ormond Railway Station is located in the centre and a bus route travels through the suburb. The suburb has a number of parks including EE Gunn Reserve and Tucker Reserve.

Recent sales and auction results in Ormond

AddressBedroomsPriceTypeMethodSale DateAgentListing
1-8/24 Walsh St, Ormond16PriceBlock of ApartmentsAuction Sale18/07/2024Ray White CarnegieView

Sales data

Median sale price
$1.7mil
Quarterly price change
-3.7%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsOrmondMetro comparison
2$1,216,000$902,500
3$1,662,500$810,000
4$1,975,000$955,000
InsightOrmondMetro comparison
Clearance rate77.3%73.8%
Days on market3742

Rental data

Median weekly rent
$700
Rental yield
2%
Metro Melbourne Comparison
$560
3.2%
BedroomsOrmondMetro comparison
2$550$550
3$700$540
4$925$580
Median data for the current quarter
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