Profile for Ormond

3204

Ormond is located 12 km south-east of the CBD. Centred on North Rd and the Frankston railway line Ormond is a small residential suburb in Melbourne's south-east. There is a significant retail area along North Rd and the suburb boasts a number of parks. Ormond has an educated and professional population with significant numbers employed in community services and finance property and business services.

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$1.36mil

Metro Melbourne

$810k

Annual Price Change

-14.7%

Metro Melbourne

-3.1%

Median Rent

$598

Metro Melbourne

$451

Rental Yield

2.3%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 41.5 33
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,014,750 $845,000
3 Bedrooms $1,248,888 $720,000
4 Bedrooms $1,650,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $610 $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$489k

Metro Melbourne

$614k

Quarterly Price Change

4%

Metro Melbourne

3.9%

Median Rent

$400

Metro Melbourne

$430

Rental Yield

3.5%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 41.5 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms $495,000 $560,000
3 Bedrooms $980,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $305 $370
2 Bedrooms $425 $445
3 Bedrooms $585 $530

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