1/498 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

1/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 1025m2
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Last updated 30 Mar 2026
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Property Details for 1/498 North Rd, Ormond

1/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1025m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
2000
Land Size
1025m2
Local Government
Glen Eira
Lot/Plan
1/PS446973

Last Listing description (December 2017)

Soak up the north sun, stretch out in the great outdoors, plan to live the life... or invest in a rewarding floorplan! Cleverly configured with a bathroom for each bedroom (including a private ensuite) and expansive north-facing living-dining flowing out to a huge sunny terrace, this two bedroom, two bathroom, 2 car space apartment has the perfect design for sharehousing tenants and sun-loving owner-occupiers alike.
Presented in relax and enjoy or rent and forget style with a shiny stainless-steel European appliance kitchen, sizeable and stylish bathrooms, hardwearing timber look floors and glossy stone benchtops, this reverse-cycle air-conditioned apartment is secured by intercom entry with basement garaging for added peace of mind. Even this value-enhancing McKinnon Secondary College Zone location will suit investors and owner-occupiers alike. Just steps from the new under road station, the Monash University bus, restaurants and shops.

Property History for 1/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$620,000
18 Nov 2017
Listed for Rent
$440/w
28 Sep 2016
  • 18 Nov 2017
    Sold for $620,000
  • 20 Oct 2017
    Listed for Sale Not Disclosed
  • 22 Aug 2016
    Listed for Rent - Price not available
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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. It has 4 parks covering nearly 5.4% of 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 4,732 properties. Over the last 5 years, Houses in Ormond have seen a 8.49% increase in median value, while Units have seen a -1.76% decrease. As at 28 February 2026:

  • The median value for Houses in Ormond is $1,850,201 while the median value for Units is $645,391.
  • Houses have a median rent of $688 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 233 properties were sold in the past 12 months in Ormond.

Suburb Insights for Ormond 3204

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Cotality Copyright and Legal Disclaimers about Property Data
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.