Back 20/40 Ormond Rd
Off Market

20/40 Ormond Rd

Elwood VIC 3184

1
1
1
Apartment
Andrew LewAndrew Lew, last sold this property on 25 January 2021 after 807 days on market.

Overview

Opportunity knocks

Located near restaurants and shops in Elwood Village. This one bedroom apartment is ideal for the first home buyer and the investors alike. Comprises a good-size living and dining room, kitchen, bathroom with washing machine taps, secure intercom entry and car park. For prompt response Call Andrew 0418352468

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Elwood over the last 12 months, the estimated median property value of 20/40 Ormond Rd is $425.5k.

Median value
$425.5k
Estimated value range
$272.5k - $650k
Median days on market
27
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20/40 Ormond Rd

2021
Sold
Undisclosed
Private Sale/Treaty on 25 Jan 2021 by Andrew Lew, of Inner Real Estate NextRE

Happy sellers in Elwood

72%
72% of sellers in Elwood reported that their sale price either exceeded or met their price expectations.

Elwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 84 reviews in Elwood over the last 12 months.

Local market activity for 1 bedroom apartments in Elwood

In the last 12 months, 104 one-bedroom apartments similar to 20/40 Ormond Rd, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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