Ormond is a quietly prestigious Bayside/Glen Eira suburb where excellent North Road shopping strip, McKinnon Secondary College catchment proximity, and direct Frankston train access create strong family buyer demand. Its consistently high owner-occupier rates, premium school zone values, and overflow demand from Brighton, Hampton, and Bentleigh buyers seeking more house for money make Ormond a highly reliable long-term southeastern Melbourne capital growth location. At the current $1.25m median house price, an 80% loan at 6.25% over 30 years is about $6,157 per month.
| Median house price | $1,250,000 |
|---|---|
| Median unit price | $700,000 |
| Estimated monthly repayment | $6,157 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.5% |
| Typical days on market | 15 |
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