5/498 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

5/498 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1025m2
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Last updated 20 Apr 2026
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Property Details for 5/498 North Rd, Ormond

5/498 North Rd, Ormond is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1025m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2000
Land Size
1025m2
Local Government
Glen Eira
Lot/Plan
5/PS446973

Last Listing description (July 2021)

This two bedroom apartment offers separate living and sleeping areas.

Featuring:

- A glossy granite and European appliance kitchen
- Private courtyard
- Granite-finish bathroom
- Discreet European laundry
- Separate wing for bedrooms
- Intercom entry
- Lock-up basement storage & parking
- Reverse-cycle air conditioning

Featuring the surrounds of Ormond's shopping strip and restaurants at your door, with the train station within walking distance, this is an apartment you will not want to miss.
Please ensure you register for an inspection online, as you will not be able to gain entry otherwise.

For more information please contact:

Patricia Batsas 0491 333 331

Avril Hunt 0418 333 331

Richard Crane 0412 333 331

Property History for 5/498 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$565,000
20 Sep 2024
Listed for Rent
$375/w
09 Jul 2021
  • 20 Sep 2024
    Sold for $565,000
  • 22 Jun 2021
    Listed for Rent $375 / week
  • 01 Sep 2016
    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 4,733 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.