Yardize logo Yardize
Apartment

9/40 Ormond Road

Ascot Vale VIC 3032, Australia

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

About this property

yardizepropertyrecord
9/40 Ormond Road is in Ascot Vale, VIC and is presented as an Apartment with 2 bedrooms, 1 bathroom, land size of 1,269 m². The estimated market value is $485,000 and the estimated weekly rent is $504 per week

Also written as Unit 9, 40 Ormond Road.

Key details

Locality
Ascot Vale
State
VIC
Coordinates
37.773154 / 144.931291
GNAF PID
GAVIC410772227
Legal parcel ID
9\RP10252
Property type
Apartment
Unit land size
1269 m²
Unit internal area
-
Building levels
4 storeys
Mobile coverage
5G mobile coverage
Bushfire risk
Present
Flood risk
Present
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

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

Expected weekly rent
$504
Expected property value
$485,000
Estimated yield
5.4%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Jan 2025
Unit in
$634,000
Sale
29 Aug 2023
Unit 29; Neighbouring unit
$535,000
Sale
29 Apr 2022
Unit 3/40; Data entry anomaly
$88,000
Sale
16 Jan 1993
Unit 1/40
$421,000

Property insights

Building profile

  • Unit 9 at 9/40 Ormond Road, Ascot Vale is a residential two‑bedroom, one‑bathroom flat located on the upper levels of a four‑storey mixed‑use building that includes a ground‑floor shop and office spaces
  • Strong NBN HFC connectivity: Hybrid Fibre Co‑axial capable of up to 1 Gbps download, upgraded Aug 2024
  • No bushfire, flood, or heritage constraints
  • Building storeys

Property Features

  • Mixed‑use building with ground‑floor commercial shop and office spaces above
  • Design & Development Overlay (DDO3) permits four‑storey structure with roof terrace

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
90%
Renter-occupied
10%

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
3.2 km
Secondary school | Government
* Approximate straight-line distances

Frequently asked questions

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

9/40 Ormond Road is described with 2 bedrooms, 1 bathroom, land size of 1,269 m²

Which primary school is closest to 9/40 Ormond Road?

Ascot Vale Primary School is the nearest primary school, located about 0.47 km away

What tram stop is nearest to the property?

The Maribyrnong Rd/Mt Alexander Rd tram stop is the closest, roughly 0.3 km from the address

How far is Ascot Vale from Melbourne's Central Business District?

Ascot Vale is approximately 6 km north of Melbourne's CBD

En.wikipedia.org
Which park is within walking distance of the property?

Ormond Park lies about 0.4 km to the south of the address

What major public transport facility is located near the site?

Essendon tram depot is situated roughly 0.7 km away

What kind of property is this?

9/40 Ormond Road is listed as Apartment in Ascot Vale, VIC

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $485,000, the calculated weekly rent is $504 per week, and the indicative gross yield is 5.4%

Related profiles

Jump to the related profiles for this address.