454-456 North RoadOrmond VIC 3204
Property Details for 454-456 North Rd, Ormond
Last Listing description (June 2019)
Tsimos Commercial is delighted to offer this brilliant high exposure North Road property for sale by Expressions of Interest.
Great position and future opportunity are what sets apart good properties. This property is located in a fantastic position and only 350m approx from the new Ormond underground Railway Station.
Property Features:
- Brilliant main Rd Opportunity
- Currently leased until 30/06/2020
- Zoned Commercial 1
- Land Approx 803 sqm
- Building Approx 454m2
- Rear access and parking
- Parking for 10 cars
For more information please contact Matt Brown 0418 599 486
Property History for 454-456 North Rd, Ormond, VIC 3204
- 12 Sep 2019Sold for $2,350,000
- 27 Nov 2018Listed for Sale Negotiable - Offers invited
- 24 Nov 2003Transferred
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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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