Ormond Property Growth
VIC · 3204 · Inner South-East Melbourne
An established family suburb about 12 km south-east of the Melbourne CBD in the City of Glen Eira, Ormond is centred on its below-grade railway station on the Frankston line and the North Road shopping strip, with a housing mix ranging from early-twentieth-century bungalows to newer medium-density apartments near the station.
Overview
Location: City of Glen Eira
An established family suburb about 12 km south-east of the Melbourne CBD in the City of Glen Eira, Ormond is centred on its below-grade railway station on the Frankston line and the North Road shopping strip, with a housing mix ranging from early-twentieth-century bungalows to newer medium-density apartments near the station.
Market Snapshot
Median House Price
$1.84m
Median Unit Price
$720k
Demographics
Estimated Population
8,328
Owner Occupier Rate
60.9%
Renter Rate
37.4%
Transport & Connectivity
Ormond railway station sits on the Frankston line, which runs via the City Loop and, as of the February 2026 timetable changes, operates separately from the Metro Tunnel corridor. The North Road level crossing at Ormond was removed in 2016 by lowering the rail line into a trench, and the station was rebuilt at that time — this was one of Melbourne's worst crossings, with boom gates down for up to 45 minutes during the morning peak prior to removal. Major Roads: North Road (running east–west through the suburb's centre), Jasper Road and Grange Road. Train Lines: Frankston line. Ormond is approximately 12 km from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Ormond Primary School — marking around 130 years of operation and recording NAPLAN results above national averages in 2025 — is the local government primary school. Kilvington Grammar, an independent co-educational school, also operates within the suburb. Government secondary students in the area are generally near the McKinnon Secondary College zone, following zone boundary changes in 2022 — always confirm the applicable zone via the Department of Education's Find My School tool for a specific address. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
North Road forms Ormond's retail spine and civic heart, combining its role as a busy arterial road with a strip of local cafes and shops (including long-standing venues such as The Ormond Provedore). The suburb has a leafy, established residential character with St Kevin's Catholic Church a local landmark, and sits close to Grange Road and Jasper Road connecting through to the wider Glen Eira parks network and neighbouring McKinnon and Bentleigh shopping strips.
Employment
Major Employment Hubs: Ormond does not contain a major employment precinct itself but is within a short drive of Chadstone Shopping Centre, Monash University's Caulfield campus, and the Bentleigh/Southland retail corridor. Commercial Centres: the North Road shopping strip is Ormond's own local commercial centre.
Infrastructure
The level crossing removal at North Road (completed 2016) created a "value capture" opportunity for more intensive development around the station, and mid-density apartment development has followed in the years since. Ormond is part of Stage 2 (Tranche 2) of the Victorian Government's Train and Tram Zone Activity Centres Program, covering Caulfield, Glen Huntly, Ormond, Bentleigh and Elsternwick; the draft plan for Ormond (published on Planning Victoria's website in July 2026) aims to preserve the centre's role as a "smaller, but still well-functioning" local centre, with landscape setbacks and greening proposed along North Road, and new planning controls expected around mid-2026. Check Infrastructure Australia's project pipeline, State Government announcements or the City of Glen Eira's website for the latest updates.
Growth Drivers
- Post-level-crossing-removal development — Since the North Road level crossing was removed in 2016, the resulting value-capture land and station upgrade have supported a steady pipeline of mid-density apartment development around the station.
- Activity centre planning underway — Ormond's draft activity centre plan (Stage 2/Tranche 2, published July 2026) is expected to bring new planning controls around mid-2026 while preserving the centre's local character and improving North Road's streetscape.
- Strong recent unit price growth — CoreLogic-sourced data shows Ormond unit values rising firmly over the past 12 months, reflecting demand for the newer medium-density stock near the station.
- Established family-suburb reputation — A long-running, well-regarded local primary school, the North Road shopping strip and leafy residential streets support enduring owner-occupier appeal.
Key Risks
- Flat house price growth — CoreLogic-sourced data shows Ormond's median house price essentially unchanged over the past 12 months, a softer result than the unit segment and worth monitoring.
- Incomplete market reporting for houses — The days-on-market figure for Ormond houses was not reported by our CoreLogic-sourced data provider (only the unit figure was available), so buyers and investors should treat time-on-market comparisons for houses with some caution until fresher data is available.
- Interest rate and lending sensitivity — Like all property markets, Ormond's values and buyer activity are sensitive to changes in interest rates and lending conditions.
Frequently Asked Questions
Ormond offers a below-grade station with a proven post-level-crossing-removal development pipeline, an activity centre plan in progress, and strong recent unit price growth, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Ormond Primary School and the independent Kilvington Grammar serve the suburb, with government secondary students generally near the McKinnon Secondary College zone — always confirm via the Department of Education's Find My School tool.
Ormond station provides direct Frankston line services via the City Loop. Verify current timetables and traffic conditions before relying on any commute estimate.
Residents can shop and dine along the North Road strip, attend St Kevin's Catholic Church, and access nearby parks and reserves via Grange Road and Jasper Road.
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Calculate Future ValueSources
- ABSCensus QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Glen Eira— https://www.gleneira.vic.gov.au/
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au/
- Victorian Planning Authorityhttps://vpa.vic.gov.au/— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au/
- State GovernmentOrmond Train and Tram Zone Activity Centre— https://www.planning.vic.gov.au/
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.