2/501 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

2/501 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 295m2
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Property Details for 2/501 North Rd, Ormond

2/501 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 295m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
2007
Floor Size
110m2
Land Size
295m2
Local Government
Glen Eira
Lot/Plan
2/PS546138

Last Listing description (August 2015)

Step down the lane opposite the station, step in off the strip, discover the big benefits of life in a small development! One of just three apartments in this boutique on-the-strip group (and one of just two in this section), this super-sized two bedroom, dual living home offers 110sqm approx of sun-filled living!
Opening up with a versatile formal area (perfect as home-office, but big enough to be a TV lounge), this expansive apartment stretches back to with an airy open plan offering defined living spaces & separate dining or study and a wall of north-facing bi-folds to a well-screened balcony. Clever accommodating with two big robe-fitted double bedrooms separated by a super-sized bathroom (with separate shower and bath) , this quality apartment is big on extras too with a prestige Blanco appliance kitchen, a thick waterfall-edge stone benchtops, parquetry-style floors and great storage including a WIR.
With climate-controlling reverse-cycle air-conditioning and the security of intercom entry, this easy living apartment even has a large storeroom, garaging and access to plentiful visitor parking at the door. Live the commuter life on this fast transforming shopping and restaurant strip, invest at the heart of this lifestyle location, or make this your lock-and-leave base for your downsizer life. Whatever the plan, this big boutique apartment is a sizeable opportunity.

Property History for 2/501 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$506,000
22 Aug 2015
Listed for Rent
$430/w
06 Feb 2014
  • 22 Aug 2015
    Sold for $506,000
  • 28 Jul 2015
    Listed for Sale Not Disclosed
  • 23 Jan 2014
    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.