Ormond VIC 3204
Ormond is in Glen Eira LGA, VIC, postcode 3204, with population 8,328.
Strong evidence
Ormond has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 50% of annual income. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →672 latest-year approvals in Glen Eira, +0.0% YoY; population +1.6% YoY (1.1% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 50% of annual income. Snapshot rent $625/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Ormond has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Ormond currently reads as a premium-market candidate with a livability-led secondary angle.
School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.
Compare it against one challenger, then use the AU calculator to model the financial case.
School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.
Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Ormond VIC
Ormond is a mid-sized suburb in Victoria within the Glen Eira local government area (postcode 3204). With a population of 8,328, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $107K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Chinese.
The median house price in Ormond is $1.8 million, having dipped slightly 2.8% over the past year. Units have a median price of $585,000 (-1.8% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,252.
Ormond is served by 4 schools, including 2 primary, 2 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 31 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Ormond offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 16.7x is considered stretched. House prices have moved -2.8% year-on-year. Population growth of +1.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Ormond is a mid-sized suburb in Victoria within the Glen Eira local government area (postcode 3204). With a population of 8,328, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $107K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Chinese.
The median house price in Ormond is $1.8 million, having dipped slightly 2.8% over the past year. Units have a median price of $585,000 (-1.8% YoY). The current median weekly rent is $625. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,252.
Ormond is served by 4 schools, including 2 primary, 2 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 31 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Ormond offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 16.7x is considered stretched. House prices have moved -2.8% year-on-year. Population growth of +1.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Ormond FAQ
Common questions-
What LGA is Ormond in?
Ormond is in the Glen Eira Local Government Area, VIC, postcode 3204. Council-level context for Glen Eira LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Ormond?
The current median house price in Ormond, VIC is $1.8M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Ormond?
The median weekly rent in Ormond is $625/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Ormond?
Income-stretched rent market: Weekly rent screens at about 50% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Ormond a good investment?
QuickProperty's investment signals for Ormond show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Ormond?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Ormond data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.