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City of Glen Eira
Ormond

Ormond Property Market
& Suburb Profile

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MEDIAN PRICES IN ORMOND

Median house price

(all agencies, last 12 months)$1.8m*

House price change

(all agencies, last 12 months)+1.39%

Median unit price

(all agencies, last 12 months)$638k*

Unit price change

(all agencies, last 12 months)+2.9%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ORMOND PRICE TRACKER

HousesUnits

ORMOND SALES OVERVIEW

  • Sold by Auction 67%
  • Sold by Private Sale or Other Method 33%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)30

Auction clearance rate in Ormond

(all agencies, last 12 months)73%

Average held period in Ormond

(proptrack)14 years

ORMOND INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$932pw

House rental price change

(all agencies, last 12 months)0.08%

Median rental price for Units

(all agencies, last 12 months)$547pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.61%

Average rental yield for Units

(all agencies, last 12 months)4.25%

Ormond total population size

(as at the last census)8,328

Median household size in Ormond

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ORMOND PROPERTY TYPES

  • Houses 22%
  • Units 44%
  • Other 34%

OCCUPANCY IN ORMOND

  • Owned 61%
  • Rented 37%
  • Other/Not Stated 2%
  • Singles 29%
  • Families 66%
  • Other 5%

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ABOUT ORMOND

Ormond is a refined and leafy residential suburb located approximately 12 kilometres southeast of the Melbourne CBD. Occupying a strategic position within the City of Glen Eira, it is defined by its wide, tree-lined streets, beautifully preserved California Bungalows, and a reputation for being one of the most stable and family-centric enclaves in the city's middle-south.

Ormond has solidified its status as a premium lifestyle destination, balancing its quiet heritage character with major modern transport upgrades.

The lifestyle in Ormond is centered on community, quality education, and high-tier recreational spaces. Social life often revolves around the North Road shopping strip, which offers a sophisticated mix of artisanal bakeries, health-focused cafes, and independent boutiques. For recreation, residents frequent the EE Gunn Reserve, a major regional hub that provides premier facilities for baseball, cricket, and football, as well as a large fenced playground. Joyce Park offers another tranquil green escape, featuring sensory gardens and extensive open lawns. The suburb's demographic is largely composed of established professionals and families, contributing to a neighborly atmosphere where community events, such as the local primary school fairs and sports club gatherings, are well-attended highlights.

Significant infrastructure and urban renewal projects are currently enhancing the suburb's connectivity and long-term livability. A major milestone in late 2025 is Ormond’s inclusion in the State Government’s Activity Centres Program, which is planning for sensitive residential densification around the Ormond Railway Station. This initiative seeks to introduce a "core and catchment" model, allowing for slightly higher-density living in the immediate station precinct while preserving the heritage character of the surrounding residential streets. Additionally, the suburb continues to benefit from the major level crossing removal at North Road, which created a modern, lowered station and improved traffic flow across the busy arterial, making the local shopping strip significantly more pedestrian-friendly.

Education remains a primary drawcard for the area, with the suburb sitting in a "golden triangle" of high-performing schools. Ormond Primary School is a local pillar, celebrated for its strong community involvement and high academic standards. The suburb is also within the highly coveted zone for McKinnon Secondary College, one of Victoria's top-performing public high schools, which drives significant property demand from families. For early years, several quality kindergartens and maternal health services are integrated into the local parks, while the proximity to Monash University’s Caulfield campus provides convenient access for tertiary students.

Connectivity is a hallmark of the Ormond experience. The Ormond Railway Station on the Frankston line provides a direct 20-minute commute to the CBD. From November 30, 2025, residents also benefit from the opening of the Metro Tunnel, which has transformed the broader rail network by providing faster and more frequent services to the city’s northern and western hubs. For motorists, North Road and Grange Road offer direct links to the Nepean Highway and the Monash Freeway, while a comprehensive bus network (including the 630 and 625 routes) connects residents to major retail destinations like Chadstone Shopping Centre and the nearby beaches of Brighton and Elwood.

From a property perspective, Ormond is a prestigious and high-value market characterized by its "tightly held" nature. The housing stock is a desirable mix of original 1920s and 30s period homes on generous allotments and a growing selection of luxury modern townhouses. With a high owner-occupation rate and an average hold period exceeding 10 years, the suburb maintains a stable residential environment. Its combination of historic charm, elite schooling zones, and recent "Big Build" transport enhancements ensures that it remains a resilient and aspirational choice for those seeking a balanced, upscale lifestyle in Melbourne's southeast.

Education

Katandra School
Kilvington Grammar School
Mckinnon Primary School
Ormond Primary School
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SALES COMPARISON

Find out how Ormond median sales prices compare to neighbouring suburbs.

ORMOND MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025190$1,234,0001.39%333$740pw3.43%
2024178$1,248,7504.10%371$708pw3.49%
2023166$1,250,750-0.75%336$663pw3.25%
2022165$1,213,250-4.26%459$605pw3.00%
2021204$1,333,50026.39%493$530pw2.47%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025190$1,234,000+1.39%
2024178$1,248,750+4.10%
2023166$1,250,750-0.75%
2022165$1,213,250-4.26%
2021204$1,333,500+26.39%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025333$740pw3.43%
2024371$708pw3.49%
2023336$663pw3.25%
2022459$605pw3.00%
2021493$530pw2.47%

BROWSE MORE SUBURBS

McKinnon

Bentleigh

Glen Huntly

NEWS & INSIGHTS

Your Guide to Victoria's Upcoming Rental Reforms: What You Need to Know

Five things to consider when choosing an investment property

Handy tips for the first home buyer

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.