Market snapshot
Suburb insights for Ormond3204
Change suburbOrmond 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 359 Koornang Rd, Ormond | 4 |  | House | Auction Sale | 16/05/2025 | Slater & Levin | View |
| 1/323 Jasper Rd, Ormond | 2 |  | Apartment | Passed in Vendor Bid | 16/05/2025 | Buxton | View |
| 13 Ruby St, Ormond | 4 | | House | Auction Sale | 16/05/2025 | Jellis Craig | View |
Sales data
Median sale price
$1.8mil
Quarterly price change
-4.7%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Ormond | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $1,570,000 | $810,000 |
| 4 | $2,210,000 | $942,350 |
| Insight | Ormond | Metro comparison |
|---|---|---|
| Clearance rate | 73.9% | 78.5% |
| Days on market | 35.5 | 42 |
Rental data
Median weekly rent
$700
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Ormond | Metro comparison |
|---|---|---|
| 2 | $594 | $580 |
| 3 | $700 | $550 |
| 4 | $978 | $600 |
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