Giving property investors a an average capital gain of 7.57% for the last year, Ormond, 3204 is the 1790th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Ormond has given property investors a paper return of 1.83%. This puts Suburb as 417 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Ormond are currently offering property investors an average price cut of -7.69% below the asking price at the moment.
Residents and property investors in Ormond have been waiting around 73.13 days to sell a property.
The VIC suburb of Ormond, 3204 is in the Glen Eira local government area.
VIC has seen average median house prices change by 4.83% which means that Ormond, 3204 has done well for property investors by showing a capital gain of -2.89% over the last year
A -6.46% growth in median value for property investors in Ormond,3204 puts this suburb at number 354th in terms of best performing suburbs in VIC
The most recent median price for Ormond is $495750, with sellers offering an average of -5.78% off the asking price.