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
2/267 Grange Rd, Ormond 3 Unit Auction Sale 19/06/2021 Woodards
622 North Rd, Ormond 2 House (Res) Passed in at Auction 19/06/2021 Ray White Carnegie
1/31 Lillimur Rd, Ormond 3 Townhouse (Res) Private Sale 15/06/2021 Gary Peer & Associates

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$1.78mil

Metro Melbourne

$1mil

Quarterly Price Change

18.5%

Metro Melbourne

8.8%

Median Rent

$590

Metro Melbourne

$480

Rental Yield

2%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75% 83.8%
Days on Market 32 36
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $930,000
3 Bedrooms $1,430,000 $810,000
4 Bedrooms $1,777,500 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $588 $450
4 Bedrooms n/a $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$568k

Metro Melbourne

$673k

Quarterly Price Change

-7.5%

Metro Melbourne

4.8%

Median Rent

$385

Metro Melbourne

$400

Rental Yield

3.3%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 75% 83.8%
Days on Market 32 36
Median price by Bedrooms Suburb Metro
1 Bedroom $345,500 $390,000
2 Bedrooms $571,750 $600,000
3 Bedrooms n/a $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $290 $340
2 Bedrooms $400 $420
3 Bedrooms $650 $525

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