536 North Road, Ormond, VIC 3204 sold on 04 October 2025 | OnTheHouse
 
SOLD
Sold on 04 Oct 2025 for $726,000

536 North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 552m2
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Property Details for 536 North Rd, Ormond

Building Type
Commercial
Year Built
2018
Land Size
552m2
Local Government
Glen Eira
Lot/Plan
2/PS714221

Last Listing description (April 2021)

Centralized Grease Trap and Canopy connect point

Central air-condition system (cooling & heating)


Disabled toilet

One secured car park

Key investment highlights include

Brand new restaurant, retail, commercial or office space in prime Ormond location High traffic Road frontages North Road Min celling height 4.2m

Directly adjacent to Ormond train station

Potential permissible uses include: retail, cafes, restaurants, and convenience store or street front offices

Contact Cathy Shi on 0452066500 to obtain more information about this property.

Inspection by Appointment

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Property History for 536 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$726,000
04 Oct 2025
  • 04 Oct 2025
    Sold for $726,000
  • 11 Mar 2020
    Listed for Sale Please Contact Agent
  • 07 Sep 2018
    Sold for $590,000
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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 4,731 properties. Over the last 5 years, Houses in Ormond have seen a 15.54% increase in median value, while Units have seen a 4.45% increase. As at 31 December 2025:

  • The median value for Houses in Ormond is $1,870,171 while the median value for Units is $662,812.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 235 properties were sold in the past 12 months in Ormond.

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