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
203/575 North Rd, Ormond 2 Apartment Private Sale 03/04/2024 Gary Peer & Associates

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.77m

Metro Melbourne

$929k

Quarterly Price Change

-2.2%

Metro Melbourne

2%

Median Rent

$700

Metro Melbourne

$550

Rental Yield

2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.7% 75.3%
Days on Market 41.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,260,000 $920,000
3 Bedrooms $1,675,000 $810,000
4 Bedrooms $1,971,750 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $700 $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$580k

Metro Melbourne

$635k

Quarterly Price Change

-1.8%

Metro Melbourne

0.3%

Median Rent

$495

Metro Melbourne

$520

Rental Yield

4.2%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.7% 75.3%
Days on Market 41.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom $290,000 $370,000
2 Bedrooms $570,000 $600,000
3 Bedrooms $1,172,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $450
2 Bedrooms $505 $540
3 Bedrooms $800 $620

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