2/40 Draper Street, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Draper Street
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 255m2
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Property Details for 2/40 Draper St, Ormond

2/40 Draper St, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 255m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in November 2009.

Building Type
Unit
Year Built
1998
Floor Size
98m2
Land Size
255m2
Local Government
Glen Eira
Lot/Plan
2/PS338952

Last Listing description (December 2023)

This larger than usual, light filled rear villa unit (one of two) is located in the sought after Mckinnon Primary and Secondary school zones. With the schools less than a five minute walk away, there's no need to do those school drop offs.

With timber flooring and with a low maintenance garden, this property ticks all the boxes.

The property features an entrance foyer, large lounge/dining room with cathedral ceilings and exposed beams and a split system.

Kitchen with gas cooking and dishwasher and a good amount of bench space and storage.
Both bedrooms have built in robes with the master having direct access to the bathroom. Separate bath and shower. Powder room and laundry.
Ducted heating.
Single lock up garage with added bonus of an extra off street parking space. Covered pergola at rear for entertaining and small grassed area and small grassed area to maintain.

Inspect as advertised or by appointment.

Property History for 2/40 Draper St, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$520,600
06 Nov 2009
Listed for Rent
$574/w
04 Dec 2023
  • 02 Nov 2023
    Listed for Rent $575 / week
  • 20 Sep 2022
    Listed for Rent $558 / week
  • 16 Jan 2019
    Listed for Rent - Price not available
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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 12 properties listed for sale, and 3 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 209 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.