With a capital gain of 19.69% for the last 12 months, Ormond, 3204 has performed for property investments than its average annual 9.64% property growth over the last 5 years.
While Ormond,3204 ranked number 212th in VIC for increase in median house value (annualised) increase, it is ranked 6th over the last 5 years.
Ormond, 3204 is offering VIC ‘s 244th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
The VIC suburb of Ormond, 3204 is in the Glen Eira local government area.
Over the last year, property investments in Ormond, 3204 have given investors a capital gain of -0.20%. This compares badly with the 3.19% for VIC as a whole.
Ormond,3204 was ranked 1531 in Australia by increase in median property value over the quarter.
Property buyers and investors in Ormond 3204 should be seeing an average reduction in asking price of around -4.69% . This means that Ormond is holding prices well when compared to other suburbs in VIC.
Situated 11.93km from the CBD, Ormond is one of Glen Eira localities in the postcode 3204.