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Investment Property Ormond, VIC, 3204

Suburb Snapshot

Ormond is a suburb in the Glen Eira Region of Victoria. Ormond has a population of 8,415 people and 36.09% of its occupants live in rental accommodation. The median listing price for houses is $1,650,000 and this has changed 0.00% over the past year and changed -2.95% over 2 years.

The median rent in Ormond for houses is $720 per week and the median rental yield is 2.26%. Stock on the market for houses/townhouses has changed 35.00% compared to last year and the average time to sell a house/townhouse is 44 days.The median listing price for units is $500,000 and this has changed 0.00% over the past year. The average unit takes 90 days to sell and the median rent for a unit in Ormond is $430 per week, producing a rental yield of 4.47%.

Supply & Demand in Ormond, Glen Eira

1.15%

Current vacancy rate


45

Rental stock available


8,415

Population


36.09%

Rental population


1.07%

Current vacancy rate


730

Rental stock available


140,876

Population


30.13%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ormond, Glen Eira

  House Townhouses Units
Median listing price $1,650,000 $1,100,000 $500,000
Median price change - last quarter 3.12% 8.91% -5.67%
Median price change - 1 year 0.00% -4.14% 0.00%
Median price change - 2 years -2.95% -7.95% -6.11%
  House Townhouses Units
Median weekly rent $720 $850 $430
Median yield % 2.26% 4.01% 4.47%
Median rent change - 1 year 2.85% 13.33% 14.66%
  House Units
Previous month sales 9 1
Stock on market previous month 27 31
Stock variance vs. last year 35.00% 29.17%
Average days on market 44 90

Ormond investment property listings

Showing 5 of 51 investment properties found in Ormond on realestateinvestar.com.au

1-8/30 Katandra Rd, ORMOND

$3,400,000

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VIC 3204


3/62 Lillimur Rd, Ormond

$790,000

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Private, Peaceful Rear Unit

Incredibly private thanks to its enviable rear position in a quiet group of three, this single level villa dishes up the sought-after combination of house-sized proportions and an easy-to-maintain setting, all just a short stroll to shops, transport, schools and cafes. Impeccably presented ...

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Unit

VIC 3204


312 Tucker Rd, Ormond

$1,625,000

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One-Owner Original on a Wonderful Zone Corner

Open the time capsule and look to the future on this landmark dual-frontage, dual Zone corner. A rare one-owner original in prime corner grounds, this approx 650sqm property is ready to reward an all-new generation with lifetime zoning for both McKinnon Primary School and Secondary College. ...

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House

VIC 3204


2/22 Thompson St, Ormond

$1,150,000

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Low Maintenance McKinnon Zone Elegance

A single level surprise of classical elegance and courtyard beauty, this refined three bedroom two bathroom town residence has a low maintenance edge in the sought after McKinnon Secondary College zone. Charmed with striking columns, ornate cornices and graceful window furnishings, this timeless ...

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Townhouse

VIC 3204


11B Bevan St, Ormond

$1,900,000

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Luxe Standards in the McKinnon Zone

One of the most impressive family homes to grace the McKinnon Secondary College zone market, this 'better than new' 4 bedroom + study 3 bathroom town residence brings that next level of quality and practicality you come to expect from Majestique Homes. Making a sumptuous statement with its marble ...

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Townhouse

VIC 3204


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