Investment property in Ormond has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.13%
The five-year average increase in median property values for Ormond,3204 has given property investors a potential capital gain of 22.53% across each of those five years.
Renters in Suburb are facing rents around $35880 per annum or $690 every week.
Investment property in Ormond has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.07%
When looking at the potential capital gains offered to property investors over the last 3 years, Ormond comes in at number 305th in VIC.
Ormond3204 is located in VIC which offers an average discount of -5.98% to property investors. Ormond itself is showing figures that indicate -4.90% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.
The VIC suburb of Ormond, 3204 is in the Glen Eira (C) local government area.