Overview
This vacant land at 42 Thompson Street, Ormond offers an excellent opportunity for those wishing to create a custom residence or pursue a development project (STCA) in a highly desirable location. Spanning 664 square metres, this well-sized parcel of land provides a flexible foundation for a bespoke home or townhouse development, suitable for families, developers, or investors seeking a strategic site.
Situated within the coveted McKinnon Secondary College and Ormond Primary School catchment zones, the location is particularly appealing to families looking to secure a quality education for their children. The proximity to local amenities including shops, cafés, and restaurants, along with everyday conveniences, enhances lifestyle options and accessibility.
Visitors and residents can also enjoy the nearby coastline with Elwood Beach just a short distance away, perfect for relaxing strolls, swimming, and leisure activities. This blend of educational, lifestyle, and transport benefits ensures that the land is positioned for future growth and community engagement.
The property represents a canvas limited only by vision and planning approval, allowing purchasers to tailor their plans to suit personal or developer requirements. This is a strategic acquisition in a blue-chip suburb offering exceptional potential to create a unique offering in Ormond.
- Land area: 664 sqm
- Development potential subject to council approval and planning considerations
- Highly sought-after school zones
- Close to vibrant local retail and dining precincts
- Easy access to the coastline and recreational opportunities
Local Market Insights
In Ormond, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,325,000. The property type mix of listed properties is predominantly Houses at 50%, followed by townhouses (28%), and units (13%). The most active agency for land in the Ormond area is currently OBrien Real Estate, representing 50% of new listings, followed by Woodards Real Estate with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.