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Apartment

5/40 Ormond Road

Ascot Vale VIC 3032, Australia

2 Bedrooms
1 Bathrooms
1 Parking
1269 m² Land size
- Internal area
$634,000 Last sale (2025)

About this property

yardizepropertyrecord
5/40 Ormond Road is in Ascot Vale, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, 1 parking space, land size of 1,269 m². Sold for $634,000 on 16 Jan 2025. The estimated market value is $660,000 and the estimated weekly rent is $492 per week

Also written as Unit 5, 40 Ormond Road.

Key details

Locality
Ascot Vale
State
VIC
Coordinates
37.773154 / 144.931291
GNAF PID
GAVIC410786224
Legal parcel ID
5\RP10252
Property type
Apartment
Unit land size
1269 m²
Unit internal area
-
Building levels
Four storeys
Strata/body corporate
Present
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$492
Expected property value
$660,000
Estimated yield
3.88%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
16 Jan 2025
Listed by Barry Plant Essendon, agent Caleb Venneri
$634,000
Sale
16 Dec 2000
$160,500

Property insights

Recorded sales and leasing agents

  • The property was sold on 16 January 2025 for $634,000 by Barry Plant Essendon Barryplant.com.au Barryplant.com.au
  • The listing agents were Caleb Venneri (mobile 0459 626 066) and Harry Tzirvelakis (mobile 0426 679 443)
Recorded sale agency (2025 sale)
Barry Plant Essendon recorded for the 2025 sale Barry plant
Recorded listing contacts
Caleb Venneri 0459 626 066 Harry Tzirvelakis 0426 679 443 Barry plant Barry plant

Building profile

  • Unit 5 at 40 Ormond Road in Ascot Vale is a 2‑bedroom, 1‑bathroom residential apartment on the top floor of a four‑storey building that also contains a ground‑floor shop and offices Barry plant essendon Barry Plant Bosch dishwasher Barry Plant
  • Mixed‑use development with ground‑floor commercial space: Design and Development Overlay (DDO3) permits a shop and offices beneath the residential units
  • Strong rental yield potential: Estimated rent $470‑$500 per week translates to ~3.9% gross yield based on recent sale price
  • Four‑storey building

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Nelson Alexander - Ascot Vale
1.3 km
Jellis Craig - Kensington
1.7 km
Jellis Craig - Moonee Valley
3.3 km
Barry Plant - Essendon
2.3 km
VICPROP - BRUNSWICK & RESERVOIR
3.5 km
Jas Stephens Real Estate
5.8 km
WHITEFOX Northside - CARLTON
4.3 km
VICPROP ST ALBANS & SUNSHINE
11.8 km
McDonald Upton - ESSENDON
3.6 km
Barry Plant Inner City Group - Brunswick & Coburg
4.3 km
Woodards - Ascot Vale
0.8 km
Little Real Estate - HAWTHORN
12.7 km
Belle Property - Ascot Vale
0.7 km
Moonee Valley Real Estate - Avondale Heights
6.4 km
MATTHEWS. - MOONEE VALLEY
0.9 km
First National Avant - MELBOURNE
5.6 km
Pagan Real Estate - TRAVANCORE
1.4 km
Frank Dowling Real Estate - Essendon
3.5 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Ascot Vale Heights School
0.4 km
Special school | Government
Ascot Vale Primary School
0.5 km
Primary school | Government
Mount Alexander 7-12 College
1.0 km
Secondary school | Government
Brunswick South West Primary School
1.1 km
Primary school | Government
Moonee Ponds Primary School
1.1 km
Primary school | Government
St Brendan's School
1.2 km
Primary school | Catholic
Parkville College
1.3 km
Special school | Government
Debney Meadows Primary School
1.4 km
Primary school | Government
Flemington Primary School
1.5 km
Primary school | Government
St Joseph's School
1.6 km
Primary school | Catholic
St Monica's Primary School
1.6 km
Primary school | Independent
St Mary's Primary School
1.8 km
Primary school | Catholic
Kensington Community High School
1.8 km
Secondary school | Government
Lowther Hall Anglican Grammar School
2.1 km
Combined school | Independent
Brunswick Secondary College
2.1 km
Secondary school | Government
St Columba's College Ltd
2.3 km
Secondary school | Catholic
St Aloysius College
2.4 km
Secondary school | Independent
Sydney Road Community School
2.7 km
Secondary school | Government
Princes Hill Secondary College
3.2 km
Secondary school | Government
Essendon Keilor College - Niddrie Campus
6.5 km
Secondary school | Government
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

5/40 Ormond Road is described with 2 bedrooms, 1 bathroom, 1 parking space, land size of 1,269 m²

Barry plant essendon Barry Plant
Which primary school is nearest to the property?

Ascot Vale Primary School is the closest primary school, located about 0.5 km away

How many car spaces does the unit have?

The apartment includes one designated single car‑port space

Barryplant.com.au
What type of heating is provided?

The unit is fitted with ducted heating for year‑round comfort

Barryplant.com.au
What park is within walking distance?

Ormond Park lies approximately 0.4 km from the apartment and provides open green space and walking paths

What public transport options are nearby?

Several tram stops are within 0.3–0.6 km, including Maribyrnong Rd/Union Rd and Ascot Vale Rd/Maribyrnong Rd, and the Essendon tram depot is also close by

What kind of property is this?

5/40 Ormond Road is listed as Apartment in Ascot Vale, VIC

Barry plant essendon Barry Plant
What asking price or listing price is shown?

5/40 Ormond Road includes Sold for $634,000 on 16 Jan 2025

Barry plant essendon Barry Plant

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