561A North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
 
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561A North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 150m2
Land area: 253m2
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Property Details for 561a North Rd, Ormond

Building Type
Commercial
Floor Size
150m2
Land Size
253m2
Local Government
Glen Eira
Lot/Plan
6/LP34632

Last Listing description (May 2018)

Building Area: 155 sqm (approx)
Prime location
Shop & dwelling

Rear access
Off street car parking
A knockout on North Road in the hustle and bustle with great street exposure you are sure to be busy.
The shop offers a great space suited to multiple uses and is enhanced with a terrific shop front providing plenty of light and exposure.
From the shop there is a small step up to the rear of the property and the large kitchen, then up the stairs to the first floor with 3 separate room and a bathroom. The property also has rear lane access and a very large rear parking easily capable of fitting 3 or more cars.
Offering so many usage options and is suited to multiple service operators looking to expand their office with a shop front attraction or for an operate who is also looking to make it a home.
Contact us today to arrange an inspection so you don t miss out.

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Property History for 561a North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$65,000
05 Apr 1984
Listed for Rent
04 May 2018
  • 16 Nov 2017
    Listed for Rent - Price not available
  • 03 Feb 2009
    Listed for Rent - Price not available
  • 05 Apr 1984
    Sold for $65,000
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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 4,733 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.

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