Ormond, VIC 3204

Ormond, VIC 3204

Compare Part of Glen Eira

12.16 km
Distance from CBD
18 k
Population

Auction Times

Sat 6 Apr
Auction Time Agency
1B Oloughlan Street
3 2 2 Unit
1:00 PM
Sat 6th Apr
Woodards
1B Oloughlan Street
3 2 2 Unit
1:00 PM
Sat 6th Apr
Woodards
365 Koornang Road
3 1 1 House
2:00 PM
Sat 6th Apr
Jellis Craig
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$961,000
+14.4% $337,000 $2,260,000 75
2011
$815,000
-17.9% $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
$1,815,000
+1.7% $1,032,000 $3,720,000 52
2024
$1,792,000
-1.3% $1,100,000 $2,475,000 19
Median Sale Price
$1.89M
Based on 57 recorded sales within the last 12 months
Updated on 28 Mar 2024
Suburb Growth
+10.1%
Current Median Price: $1,892,000
Previous Median Price: $1,700,000
Based on 114 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2024)
Price Range Segments (12 months ending Feb 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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% $280 $1,200 87
2020
$600
-5.0% $350 $1,650 75
2021
$640
+6.3% $370 $2,200 70
2022
$690
+7.2% $265 $1,300 72
2023
$720
+4.2% $285 $2,200 67
2024
$700
-2.9% $550 $1,500 13
Median Rent Price
$715
per week
Based on 67 recorded rent within the last 12 months
Updated on 28 Mar 2024
Rent Price Growth
-4.9%
Current Median Rent: $715
Previous Median Rent: $750
Based on 131 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,892,000
Current Median rent: $715
Based on 124 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2024)

Auction Results For Ormond

Houses sold in Last 12 months ends 23 Mar 2024

$1.89M

Median Sale Price

88%

Clearance Rate

28/32

Sold/Reported

$2.75M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 5
$1.8 M - $2 M
(Median Price Range)
3
$1.6 M - $1.8 M 3
$1.2 M - $1.4 M 2
$1 M - $1.2 M 1

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