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VIC › Narre Warren South › Ormond Rd

385 Ormond Rd, Narre Warren South VIC 3805

For saleHouse for Sale

$970,000–$995,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

724 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $970,000–$995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $970,000–$995,000(Listing record · 4 June 2026)
  • FactLand 724 m²; no building size recorded.(Property record)
  • CalculationAsk is 12% above the Narre Warren South median recorded sale ($866,500, n=66, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narre Warren South's advertised median rent ($609/wk), implied gross yield would be 3.26% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$970,000–$995,000

Asking range · $1,340/m² of land

No recorded sale for this property.

Narre Warren South at a glance

31,417

People

$866,500

Median sale

$609/wk

Median rent

3.65%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren South report →

Vs Narre Warren South

+11.9%

Median sale

Suburb $866,500

-0.39 pp

Gross yield

Suburb 3.65%

Suburb median $866,500 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$970,000
Stamp Duty (Victoria)
$53,350
Transfer/Registration Fee
$2,374
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,029,424

$59,424 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Narre Warren South's advertised median rent — not a rent for this listing.

Net yield
1.76%
Annual cashflow (pre-tax)
$-33,322
Interest cover (DSCR)
0.34
Annual rent
$31,668
Operating expenses
$14,550
Loan amount
$776,000
Annual interest
$50,440
Gross yield
3.26%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$970,000–$995,000available4 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $609/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Narre Warren South in one glance

Narre Warren South at a glance

31,417

People

$866,500

Median sale

$609/wk

Median rent

3.65%

Suburb gross yield

Median sale from 66 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren South report →

Keep researching

  • Why Narre Warren South? Read the area thesis →
  • What else is on the market in Narre Warren South →
  • Other records on Ormond Rd →

Listing material

Listed by LJ Hooker Dandenong

A Grand 36-Square Family Entertainer with Wine Cellar, Second Kitchen & Exceptional Space

Delivering an extraordinary combination of scale, versatility and family-focused luxury, this impressive residence occupies a substantial 724sqm (approx.) allotment and offers approximately 36 squares of thoughtfully designed living. Showcasing multiple living zones, premium entertaining spaces and a highly flexible floorplan, this is a home designed to accommodate large and growing families with absolute ease.

Beyond its charming street presence, the home reveals a spacious and light-filled interior where comfort and functionality combine seamlessly. The expansive formal living and dining zones provide elegant spaces for entertaining, while the enormous open-plan family and meals area forms the true heart of the home. Enhanced by a cosy gas fireplace and direct connection to the outdoor entertaining zone, this impressive space creates the perfect setting for both everyday living and large family gatherings.

The well-appointed kitchen is designed for those who love to cook and entertain, featuring stone benchtops, quality stainless-steel appliances, a huge walk-in pantry, generous storage and extensive preparation space. Adding exceptional flexibility is a secondary kitchen/kitchenette adjoining the garage, ideal for extended family living, large-scale entertaining, home businesses or additional food preparation.

Read the full description

Accommodation comprises four oversized bedrooms, all fitted with built-in robes. The privately positioned master suite offers generous his-and-her robes and a spacious ensuite complete with a bidet. The remaining bedrooms are serviced by a central family bathroom featuring a spa bath, separate shower and separate toilet.

Designed for growing families who value space, the home offers multiple living zones including formal living, formal dining, expansive family and meals areas, plus a large rumpus room that seamlessly extends to the outdoor entertaining area. High ceilings, decorative cornices and ceiling roses throughout further enhance the sense of grandeur and character.

Stepping outside, the spacious decked alfresco area provides the perfect year-round entertaining space overlooking the generous backyard, complete with established lemon trees, lawn area for children and pets, and convenient side access.

Adding even further appeal is the oversized remote double garage with approximately 3.6-metre-high ceilings, internal access, backyard access, a second kitchen/kitchenette and a valuable wine cellar/storage room rarely found in homes of this calibre.

Key Features:

-Approx. 724sqm allotment

-Four oversized bedrooms with built-in robes

-Spacious master suite with ensuite and bidet

-Multiple living zones

-Open plan kitchen with stone benchtops

-Huge walk-in pantry

-Huge open-plan family and meals area

-Wine cellar/storage room

-Main bathroom with spa bath

-Powder room

-Gas fireplace

-Ducted heating

-Refrigerated cooling

-Ceiling fans

-12kW solar panel system

-Security camera system

-Alarm system

-Spacious decked alfresco entertaining area

-Oversized double garage with approx. 3.6m ceilings

-Internal and rear access from the garage

-Established gardens and side access

-Prime location

Positioned in one of Narre Warren South's most convenient and family-friendly pockets, this impressive residence is only a short stroll to Casey Central Shopping Centre, Narre Warren South P–12 College, Strathaird Primary School and Waverley Christian College. Bus services are within easy walking distance, while Westfield Fountain Gate, Narre Warren Train Station and Monash Freeway access are all just minutes away, providing exceptional convenience for families and commuters alike.

DISCLAIMERS:

Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness.

The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented.

As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.

Listing description written by Idriss Paykari, LJ Hooker Dandenong — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.