A unique opportunity arises at 442-444 North Road, Ormond. The property has recently been sold and the new owners are looking for tenants to fill the vacancy.
442-444 North Road, Ormond is located on the south-east corner of North Road and Wheatley Road at the edge of the Ormond commercial shopping strip.
The property is approximately 13 kilometres south-east of the Melbourne CBD and is surrounded by local amenities within easy walking distance, including Ormond train station which is 500 metres to the east plus a range of shops, restaurants and caf s in North Road.
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:
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