5/40-42 Ormond Rd, Ascot Vale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1258m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
SALE BY SET DATE CLOSES TUESDAY 28TH JANUARY 2025 AT 5.00PM (UNLESS SOLD PRIOR)
Impeccably enhanced to meet modern-day expectations, this extremely spacious apartment is prized for its low-maintenance appeal and blue-chip address that caters to lifestyle enthusiasts everywhere. Occupying a corner position on the top floor of a low-density complex, the property has been thoughtfully designed to maximise a flowing layout, while basking in the sunny warmth of a north-facing orientation. The open family domain leads to a complementary balcony; and the sleek kitchen/meals area makes it easy to achieve effortless culinary preparation. Its well-equipped in premium stainless-steel Smeg cooking appliances, Bosch dishwasher and Franke double sink. A waterfall-edge breakfast bar, stone benchtops and ample glossy cabinetry also combine style with functionality. In addition to this, the trendy bathroom with separate WC services large bedrooms boasting plush carpet flooring and built-in-robes. Ducted heat/split system cooling ensures all year-round comfort; as further highlights include floorboards, a full-size laundry and designated carport parking. Enviably located approximately only 5.5km to our iconic city centre, yet just mere footsteps to the greenery of Ormond Park. Moments to Ascot Vale Station, CBD-bound trams, Flemington Farmers Market and Moonee Valley Racecourse. With quick access to major freeways, Union Road eateries, the lush Maribyrnong River Trail and Highpoints convenient retail hub.
The size of Ascot Vale is approximately 3.8 square kilometres. It has 16 parks covering nearly 20.3% of total area. The population of Ascot Vale in 2016 was 14750 people. By 2021 the population was 15197 showing a population growth of 3.0% in the area during that time. The predominant age group in Ascot Vale is 30-39 years. Households in Ascot Vale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ascot Vale work in a professional occupation.In 2021, 59.80% of the homes in Ascot Vale were owner-occupied compared with 55.50% in 2016.
Ascot Vale has 8,371 properties. Over the last 5 years, Houses in Ascot Vale have seen a 2.82% increase in median value, while Units have seen a 4.46% increase. As at 31 March 2026:
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