Property value increases in Ormond have tracked lower than the VIC average of 11.73% over the last 12 months.
Ormond,3204 was ranked 2956 in Australia by increase in median property value over the quarter.
Ormond, 3204’s gross rental yield is 2.21%
With a capital gain of -11.58% for the last 12 months, Ormond, 3204 has performed for property investments than its average annual 3.90% property growth over the last 5 years.
While Ormond,3204 ranked number 148th in VIC for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
The VIC suburb of Ormond, 3204 is in the Glen Eira local government area.