Back 3/40 Ormond Rd
Off Market

3/40 Ormond Rd

Elwood VIC 3184

1
1
1
Apartment
Julian CannataJulian Cannata, last sold this property on 22 July 2018 after 174 days on market.

Overview

Solid 70's Ground Floor Stunner - renovated and ready to return 4.75% approx rental yield.

Fully renovated with a great sense of style, this one-bedroom apartment is refreshed, relaxed and ready to go. Providing a great option as a first home or a valued addition to any property portfolio, it features a good-size living and dining room, fully refurbished kitchen appointed with stone benchtops, custom fitted built-in cupboards in the bedroom, a fully tiled modern bathroom with washing machine taps and plenty of drawers and storage, floorboards, mirrored tiles enhancing the ambience of natural light, secure intercom entry and a shared garage. With the bay, great selection of cafes, restaurants and shops in Elwood Village and bus stops all just a short walk away, it could not be better placed for enjoying everything that this keenly sought-after dream location has to offer. Settle in and start living the lifestyle from day one. *PLEASE NOTE: ALL EMAIL ENQUIRIES MUST CONTAIN A PHONE NUMBER* ** Macquarie DEFT Auction Pay available on this property on auction day*

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 3/40 Ormond Rd is $415k.

Median value
$415k
Estimated value range
$220k - $650k
Median days on market
26
Estimated value trend
-6%
decrease 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 3/40 Ormond Rd

2025
Rented
Undisclosed
Leased on 04 May 2025 by Gary Peer & Associates - Caulfield
2022
Rented
Undisclosed
Leased on 14 Dec 2022 by Gary Peer & Associates - Caulfield
2022
Rented
Undisclosed
Leased on 08 Nov 2022 by Gary Peer & Associates - Caulfield

Happy sellers in Elwood

77%
77% 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 93 reviews in Elwood over the last 12 months.

Local market activity for 1 bedroom apartments in Elwood

In the last 12 months, 112 one-bedroom apartments similar to 3/40 Ormond Rd, have been sold.

This represents a 6% increase in one-bedroom apartments sales when compared to the previous 12 months.

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