555A North RoadOrmond VIC 3204
Property Details for 555a North Rd, Ormond
Last Listing description (February 2023)
Morley is pleased to offer For Lease 555a North Road, Ormond.
A local Ormond Village favourite for nearly 20 years, the Tea & Rice Asian Cuisine is positioned in the heart of the shopping strip, only 300 metres from Ormond Train Station.
- Walk in walk out
- Well-presented 1st floor residence
- Structurally sound building with new roof
- Area 160sqm approx
- Prime North Road exposure
- Rear access & ample on-site car parking
- Available now
For more information or to arrange an inspection please call.
Danny Klotz
0488 556 899
dklotz@
morleycommercial
.com.au
Property History for 555a North Rd, Ormond, VIC 3204
- 30 Nov 2022Listed for Rent - Price not available
- 31 Oct 2003Sold for $478,000
- 31 Oct 2003Sold for $478,000
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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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