Market snapshot

Suburb insights for Ormond3204

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Ormond is located 12 km south-east of the CBD a small residential suburb centred on North Road and Frankston railway line. A significant retail area along North Road Ormond Shopping Centre provides specialty shopping and offices. Ormond Railway Station is located in the centre and a bus route travels through the suburb. The suburb has a number of parks including EE Gunn Reserve and Tucker Reserve.

Recent sales and auction results in Ormond

AddressBedroomsPriceTypeMethodSale DateAgentListing
1 Malane St, Ormond3PriceHouse (Res)Sold Before Auction10/02/2025Jellis CraigView
2/19 Lillimur Rd, Ormond2PriceUnitPrivate Sale1/02/2025Gary Peer & Associates
7/630 North Rd, Ormond2PriceApartmentPrivate Sale13/01/2025Lucas Real Estate

Sales data

Median sale price
$1.9mil
Annual price change
-1.3%
Metro Melbourne Comparison
$895k
-2.3%
BedroomsOrmondMetro comparison
2-$888,000
3$1,620,000$807,000
4$1,968,500$950,000
InsightOrmondMetro comparison
Clearance rate71.4%72.6%
Days on market35.543

Rental data

Median weekly rent
$700
Rental yield
2%
Metro Melbourne Comparison
$580
3.3%
BedroomsOrmondMetro comparison
2$585$575
3$700$550
4$980$600
Median data for the current quarter
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