Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $823,000 | 0.0% | $332,000 | $1,240,000 | 69 |
| 2010 | $970,000 | +15.2% | $337,000 | $2,260,000 | 75 |
| 2011 | $815,000 | -19.0% | $270,000 | $1,341,000 | 62 |
| 2012 | $860,000 | +5.2% | $372,000 | $1,720,000 | 58 |
| 2013 | $965,000 | +10.9% | $263,900 | $1,680,000 | 99 |
| 2014 | $1,155,000 | +16.5% | $301,000 | $126,700,000 | 72 |
| 2015 | $1,300,000 | +11.2% | $725,000 | $2,618,500 | 77 |
| 2016 | $1,460,000 | +11.0% | $1,000 | $2,300,500 | 72 |
| 2017 | $1,575,000 | +7.3% | $758,000 | $2,465,000 | 54 |
| 2018 | $1,540,000 | -2.3% | $685,000 | $2,560,000 | 50 |
| 2019 | $1,447,000 | -6.4% | $580,000 | $2,950,000 | 44 |
| 2020 | $1,500,000 | +3.5% | $855,000 | $2,865,000 | 43 |
| 2021 | $1,880,000 | +20.2% | $522,500 | $3,000,000 | 82 |
| 2022 | $1,785,000 | -5.3% | $1,090,000 | $2,750,000 | 56 |
| 2023 | $1,805,000 | +1.1% | $1,032,000 | $3,720,000 | 52 |
| 2024 | $1,792,000 | -0.7% | $1,060,000 | $3,420,000 | 50 |
Median Sale Price
$1.79M
Based on 50 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-0.7%
Current Median Price: $1,792,000
Previous Median Price: $1,805,000
Based on 102 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $475 | 0.0% | $250 | $995 | 61 |
| 2012 | $500 | +5.0% | $230 | $1,550 | 64 |
| 2013 | $490 | -2.0% | $260 | $1,000 | 62 |
| 2014 | $515 | +4.9% | $275 | $945 | 76 |
| 2015 | $550 | +6.4% | $230 | $1,716 | 88 |
| 2016 | $550 | 0.0% | $240 | $1,300 | 89 |
| 2017 | $600 | +8.3% | $300 | $1,200 | 88 |
| 2018 | $630 | +4.8% | $295 | $1,390 | 88 |
| 2019 | $630 | 0.0% | $310 | $1,200 | 88 |
| 2020 | $600 | -5.0% | $350 | $1,650 | 75 |
| 2021 | $650 | +7.7% | $370 | $2,200 | 70 |
| 2022 | $695 | +6.5% | $265 | $1,300 | 72 |
| 2023 | $720 | +3.5% | $285 | $2,200 | 67 |
| 2024 | $750 | +4.0% | $470 | $2,495 | 78 |
Median Rent Price
$750
per week
Based on 79 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+4.0%
Current Median Rent: $750
Previous Median Rent: $720
Based on 148 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.2%
Current Median Price: $1,792,000
Current Median rent: $750
Based on 129 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Ormond
Houses sold in Last 12 months ends 21 Dec 2024
$1.89M
Median Sale Price
69%
Clearance Rate
20/29
Sold/Reported
$2.9M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M (Median Price Range) | 3 | |
| $1.6 M - $1.8 M | 3 | |
| $1.2 M - $1.4 M | 1 | |
Similar Suburbs to Ormond 3204
Based on median house sale price sold in last 12 months
Schools closest to Ormond, VIC 3204
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Kevin's Parish School | 76 GLEN ORME AVEOrmond 3204 | Primary | Catholic | 0.2 km |
| Kilvington Grammar SchoolTop 50 | 2 LEILA RDOrmond 3204 | Combined | Independent | 0.51 km |
| Ormond Primary School | CNR MURRAY & WHEATLEY ROADSOrmond 3204 | Primary | Government | 0.68 km |
| Mckinnon Secondary CollegeTop 100 | 291A MCKINNON ROADMckinnon 3204 | Secondary | Government | 1.03 km |
| Glen Huntly Primary School | GRANGE ROADGlen Huntly 3163 | Primary | Government | 1.25 km |
| Mckinnon Primary School | 253 TUCKER ROADOrmond 3204 | Primary | Government | 1.18 km |
| Caulfield South Primary School | 24 BUNDEERA ROADCaulfield South 3162 | Primary | Government | 1.32 km |
| St Anthony's Primary School | CNR GRANGE & NERRIM RDSGlen Huntly 3163 | Primary | Catholic | 1.92 km |
| St Paul's Primary SchoolTop 100 | 122 JASPER RDBentleigh 3204 | Primary | Catholic | 2.09 km |
| Glen Eira College - Glen Eira English Language Centre | Caulfield East 3145 | Secondary | Government | 2.12 km |