Profile for Ormond

3204

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.

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Recent Sales & Auction Results in Ormond

Address Price Type Method Sale Date Agent
Property List
6/21 Holloway St, Ormond - Apartment Auction Sale 02/07/2022 Jellis Craig
5/32 Newham Gr, Ormond 1 Apartment Auction Sale 02/07/2022 Woodards

Median data for March Quarter 2022. Click here for details.

Median Sale Price

$2.01m

Metro Melbourne

$1.12m

Quarterly Price Change

-3%

Metro Melbourne

-0.3%

Median Rent

$650

Metro Melbourne

$485

Rental Yield

1.7%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.1% 78.5%
Days on Market 37 37
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,081,000
3 Bedrooms $1,700,000 $935,000
4 Bedrooms $2,105,000 $1,181,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $630 $455
4 Bedrooms n/a $510

Median data for March Quarter 2022. Click here for details.

Median Sale Price

$530k

Metro Melbourne

$684k

Quarterly Price Change

-32.7%

Metro Melbourne

-0.9%

Median Rent

$390

Metro Melbourne

$400

Rental Yield

3.2%

Metro Melbourne

3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.1% 78.5%
Days on Market 37 37
Median price by Bedrooms Suburb Metro
1 Bedroom $352,500 $395,000
2 Bedrooms $577,000 $630,000
3 Bedrooms $1,229,000 $875,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $273 $330
2 Bedrooms $395 $420
3 Bedrooms $595 $530

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