568 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

568 North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 241m2
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Property Details for 568 North Rd, Ormond

Building Type
Commercial
Land Size
241m2
Local Government
Glen Eira
Lot/Plan
6/LP6466

Last Listing description (July 2008)

PIZZA RESTAURANT - 5295
PIZZA RESTAURANT
* PRESTIGE AREA

* 6 NIGHTS
* $331 PW RENT
LESS THAN 10 DELIVERIES. MAGNIFICENT LOCATION IN THE INNER SOUTHERN SUBURBS PRESTIGIOUS AREA. MASSIVE PROFITS. EXCELLENT SETUP. SEATS 65. ONLY 1 YR OLD. STILL IMPROVING. VERY LOW RENT, 11 YRS L4EASE. OPEN 4.30PM - 10.30PM. CAN NOT BE FAULTED. MUST BE SEEN. OFFERS INVITED.
CONTACT HANS ON 0418 996 426 FOR MORE DETAILS.
ADDITIONAL FEATURE - 2+3+3+3.

Property History for 568 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$190,000
03 Jun 1999
  • 12 Oct 2007
    Listed for Sale 390000
  • 03 Jun 1999
    Sold for $190,000
  • 15 Apr 1999
    Listed for Sale Not Disclosed
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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.