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 2018 Quarter. Click here for details.

Median Sale Price

$1.64mil

Metro Melbourne

$834k

Quarterly Price Change

6%

Metro Melbourne

0.0%

Median Rent

$675

Metro Melbourne

$450

Rental Yield

2.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 41 38
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $895,000
3 Bedrooms $1,482,500 $744,750
4 Bedrooms $1,848,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $480
3 Bedrooms $663 $420
4 Bedrooms $720 $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$520k

Metro Melbourne

$604k

Quarterly Price Change

-1.9%

Metro Melbourne

0.2%

Median Rent

$380

Metro Melbourne

$420

Rental Yield

3.6%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 46.1%
Days on Market 41 38
Median price by Bedrooms Suburb Metro
1 Bedroom $281,500 $375,000
2 Bedrooms $558,000 $575,000
3 Bedrooms $961,000 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $295 $365
2 Bedrooms $390 $431
3 Bedrooms $545 $520

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