402/538 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

402/538 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 137m2
Land area: 552m2
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Last updated 20 Apr 2026
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Property Details for 402/538 North Rd, Ormond

402/538 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 552m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Unit
Year Built
2018
Floor Size
137m2
Land Size
552m2
Local Government
Glen Eira
Lot/Plan
42/PS714221

Last Listing description (April 2026)

Occupying half of the top floor, this genuine Penthouse residence delivers a rare combination of space, privacy and lifestyle convenience. Offering approximately 157sqm of internal living. A massive 20sqm of covered balcony, the home enjoys uninterrupted skyline views and an elevated sense of calm rarely found so close to transport and amenities.Privately positioned at the rear of the building, the apartment is flooded with natural light while remaining quietly removed from North Road. Step outside to cafs, shops and Ormond Station, with the CBD just 24 minutes away. Zoned for McKinnon Secondary College, it presents an exceptional opportunity to secure size, schooling and connectivity in one of Glen Eiras most tightly held pockets.Property Highlights True Penthouse proportions Approx. 157sqm total including a full-width, light-filled balcony Flexible 2 or 3-bedroom layout Two king-sized bedrooms (main with WIR & ensuite) plus a generous third bedroom or home office (approx. 3.4m x 2.8m) Quiet, elevated position Occupying half of the top floor with excellent privacy Quality & comfort Stone kitchen with new appliances, double glazing, keyless entry, lift access and secure intercom Outstanding transport access Opposite Ormond Station (Frankston Line), bus interchange within 100mLocation Snapshot Ormond Station & Bus Interchange across the road IGA Ormond 200m walk McKinnon Secondary College 1.8km GESAC 4km Chadstone Shopping Centre 6.3km Brighton Beach 6.7km

Property History for 402/538 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$810,000
21 Mar 2019
  • 12 Nov 2025
    Listed for Sale $750,000
  • 21 Mar 2019
    Sold for $810,000
  • 23 Feb 2019
    Listed for Sale Price Upon Application
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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 4,733 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.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 239 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.