Market snapshot
Suburb insights for Ormond3204
Change suburbOrmond 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5A Lillimur Rd, Ormond | 5 |  | Townhouse | Passed in Vendor Bid | 15/08/2025 | Gary Peer & Associates | View |
| 5/49-51 Ulupna Rd, Ormond | 2 |  | Apartment | Auction Sale | 15/08/2025 | Gary Peer & Associates | View |
Sales data
Median sale price
$1.9mil
Quarterly price change
3.7%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Ormond | Metro comparison |
|---|---|---|
| 2 | - | $890,000 |
| 3 | $1,570,000 | $815,000 |
| 4 | $1,990,000 | $950,000 |
| Insight | Ormond | Metro comparison |
|---|---|---|
| Clearance rate | 68.2% | 79.5% |
| Days on market | 44 | 39 |
Rental data
Median weekly rent
$745
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Ormond | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $730 | $550 |
| 4 | $1,273 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.