Property Details for 1/556-558 North Rd, Ormond
Last Listing description (July 2019)
Building Area: 74-103 sqm (approx)
Ideal Retail & Office space for a professional small business owner
Premium street frontage
Located across the road from Ormond Train Station
We are pleased to offer Shops 1 or 2, 556-558 North Road, Ormond for Lease.
Positioned within close proximity to National Tenants such as Bendigo Bank, IGA, Australian Post Office and many more!
Located in the heart of North Road Ormond, this property offers a business owner access to join a diversified tenancy of professionals. This boutique arcade sits on the corner of North Road and Cadby Avenue allowing access from two points of entry.
Sitting adjacent to the property is Ormond Train Station which has just recently undergone major reconstructions adding additional car parks and a completely modern train station for the community.
Inspections are reserved by private appointment. Contact the agent to find out more.
Property History for 1/556-558 North Rd, Ormond, VIC 3204
Recent sales nearby
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0About 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 4,733 properties. Over the last 5 years, Houses in Ormond have seen a 3.15% increase in median value, while Units have seen a -2.39% decrease. As at 31 March 2026:
- The median value for Houses in Ormond is $1,832,619 while the median value for Units is $630,747.
- Houses have a median rent of $900 while Units have a median rent of $550.
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