583 & 583A North Road, Ormond, VIC 3204 | Commercial for sale | OnTheHouse
FOR SALE
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583 & 583a North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 961m2
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Rare Ormond Development Site (stca)

Barry Plant Commercial in conjunction with Fletchers are proud to offer to the market a massive development opportunity to create either modern townhouses or a multi-storey residential development (stca)
Ideally located on North Road, Ormond - a location consistently in demand for its lifestyle appeal & comfortable living.
Developers looking to acquire property in a high growth location & proven development potential, this semi-duplex is a once-in-a-lifetime opportunity.
The main attributes of the property include:
- Substantial 961sqm* landholding
- Frontage of 21 metres*
- Surrounded by quality schools, parkland, and recreational facilities
- 600 metres* to Ormond Train Station
- Ideally located within a short walk to the vibrant North Road, Ormond Retail Precinct
- Offered with vacant possession
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Property Details for 583 & 583a North Rd, Ormond

Building Type
Commercial
Land Size
961m2
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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. There are 4 parks, covering nearly 5.4% of the total area. The population of Ormond in 2016 was 8417 people. By 2021 the population was 8328 showing a population decline of 1.1% in the area during that time. The predominant age group in Ormond is 20-29 years. Households in Ormond are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ormond work in a professional occupation.In 2021, 60.90% of the homes in Ormond were owner-occupied compared with 57.70% in 2016.

Ormond has 4,736 properties. Over the last 5 years, Houses in Ormond have seen a -3.76% decrease in median value, while Units have seen a -3.81% decrease. As at 30 June 2026:

  • The median value for Houses in Ormond is $1,767,452 while the median value for Units is $623,760.
  • Houses have a median rent of $900 while Units have a median rent of $545.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 208 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

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Contact agent
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Benjamin Klein
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Dean Sirianni
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Barry Plant Commercial-Klein
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.