Giving property investors a a solid capital gain of 17.62% for the last year, Ormond, 3204 is the 430th highest performer in Australia in this respect.
Ormond,3204 has offered an average of 17.62% return per annum in house price rises to property investors over the last three years.
Property investors should expect to get $620 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Ormond, 3204 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Ormond comes in at number 247th in VIC.
Our latest figures would indicate that property sellers in Ormond are currently offering property investors an average price cut of -6.03% below the asking price at the moment.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.