8/540-546 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

8/540-546 North Road
Ormond VIC 3204

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 746m2
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Property Details for 8/540-546 North Rd, Ormond

8/540-546 North Rd, Ormond is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 746m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2011
Floor Size
75m2
Land Size
746m2
Local Government
Glen Eira
Lot/Plan
8/PS508621

Last Listing description (August 2015)

With an abundance of natural light, this near new apartment is not only right amongst the action of the Ormond shopping strip and in the McKinnon Secondary School zone, it also provides two substantial bedrooms both with built in robes (one with a study nook), a large open plan living, kitchen and meals area, all flowing seamlessly onto the sun drenched, very private balcony. Sitting perfectly at the rear of the block, this perfect first home or investment also features designer kitchen with stone benchtops & stainless steel appliances, sparkling main bathroom, double glazing in bedrooms, air conditioning, lift access, video intercom, secure underground parking and a huge storage cage. Live the life in the Ormond village with its huge array of cafes, shops and restaurants.

Property History for 8/540-546 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$440,000
11 May 2015
Listed for Rent
$380/w
25 Jan 2011
  • 11 May 2015
    Sold for $440,000
  • 05 Mar 2015
    Listed for Sale $459,000
  • 26 Feb 2012
    Sold for $412,000
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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 4,734 properties. Over the last 5 years, Houses in Ormond have seen a 25.17% increase in median value, while Units have seen a 0.33% increase. As at 31 October 2025:

  • The median value for Houses in Ormond is $1,914,371 while the median value for Units is $625,094.
  • Houses have a median rent of $595 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, 206 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.