VIC has seen average median house prices change by 8.12% which means that Ormond, 3204 has done well for property investors by showing a capital gain of 18.08% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Ormond comes in at number 17th in VIC.
Giving property investors a a solid capital gain of 16.84% for the last year, Ormond, 3204 is the 168th highest performer in Australia in this respect.
A 7.56% growth in median value for property investors in Ormond,3204 puts this suburb at number 199th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Ormond should be aiming for at least -7.25% off the asking price, which is the average vendor discount being achieved at the moment.