Ormond
University attainment at 59.9% puts Ormond 29.8 pp above the national average, one of the highest rates in Melbourne's southeast. This education density shows up in the employment mix: Professional/Tech (17.1%) leads all industries, ahead of Healthcare (16.1%). The median house price doubled from $997,500 to $2,080,000 over 14 years (5.4% CAGR), and Kilvington Grammar's ICSEA of 1182 ranks among the top school scores in the Glen Eira corridor. A Jewish community of 764 adherents makes Ormond part of Melbourne's broader Caulfield-St Kilda East Jewish cultural belt.
Population
8,328
Median Age
37.0
Household IncomeiMedian weekly household income (ABS Census)
$2,062/wk
DAs (12 months)iDevelopment Applications lodged in the past year
39
Median House
$2.1M
Apr-Jun 2024
The median house price of $2,080,000 is at its 14-year peak, up 108.5% from $997,500 in 2013 (5.4% CAGR). Recent trajectory shows steady gains: $1,840,500 (late 2023) to $1,861,000 (early 2024) to $2,080,000 (mid-2024). Detached houses at 46.7% are still the largest type, but apartments (31.7%) and semi-detached (21.5%) provide alternatives. Studio/1-bedroom dwellings at 12.2% reflect proximity to Monash University. Mortgage-to-income at 25.2% is comfortably below stress levels, because household income sits at the 77th percentile. Average household size of 2.5 matches the national median.
For Buyers
The median house price of $2,080,000 is at its 14-year peak, up 108.5% from $997,500 in 2013 (5.4% CAGR). Recent trajectory shows steady gains: $1,840,500 (late 2023) to $1,861,000 (early 2024) to $2,080,000 (mid-2024). Detached houses at 46.7% are still the largest type, but apartments (31.7%) and semi-detached (21.5%) provide alternatives. Studio/1-bedroom dwellings at 12.2% reflect proximity to Monash University. Mortgage-to-income at 25.2% is comfortably below stress levels, because household income sits at the 77th percentile. Average household size of 2.5 matches the national median.
For Investors
Renter share at 38.1% provides a large tenant pool, but vacancy at 9.9% is elevated, likely reflecting student housing turnover near Monash. Weekly rent of $395 on a $2.08M median gives a gross yield of roughly 1.0%, one of the lowest in metropolitan Melbourne. Net overseas migration is strong at +620/year, much of it student-driven. Net internal outflow at -238/year suggests graduates leave after studying. The suburb recovered fully from a -6.9% COVID population dip, which briefly sent rents lower. With 35 DAs in 12 months and heritage overlay constraints visible in applications, new supply is limited.
Development Activity
Total DAs
47
Last 12 Months
39
YoY ChangeiYear-over-year change in DA lodgements
+875.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Ormond iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Kilvington Grammar School
Prep-12 · 758 students
Ormond Primary School
Prep-6 · 318 students
Mckinnon Primary School
Prep-6 · 794 students
Divrei Emineh
Prep-12 · 189 students
Demographics
English ancestry leads at 2,041 but Chinese (902) ranks third, well above the typical Melbourne outer-east share. Mandarin (274 speakers), Russian (129), and Greek (125) are the top 3 non-English languages. Overseas-born at 39.4% sits 17.8 pp above national. The religious profile is distinctively mixed: Christianity (2,699), Judaism (764), and Hinduism (541). University attainment at 59.9% is 29.8 pp above the national average, the highest among comparable Glen Eira suburbs. Median age of 37 is 3 years below national, consistent with the student and young professional population attracted by Monash proximity.
Age Distribution
Bedrooms
Dwelling Structure
46.7%
Houses
21.5%
Townhouse
31.7%
Apartment
Tenure
Prices grew 108.5% over 14 years from $997,500 to $2,080,000, hitting a new peak in mid-2024 (5.4% CAGR). Ownership splits: 29.0% outright, 32.9% mortgage, 38.1% renting. The renter share is high for a premium suburb. House types show a gradually densifying stock: detached 46.7%, apartments 31.7%, semi-detached 21.5%. Bedrooms range widely: 12.2% studio/1-bed, 33.7% 2-bed, 29.5% 3-bed, 24.6% 4+. Mortgage stress at 25.2% is low because household income (77th percentile) supports the price level. Rent stress at 19.2% is also comfortable, well below the 30% threshold.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,252
Rent / wk
$395
HH Size
2.5
Personal Income / wk
$986
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
9.9%
Unoccupied
361
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.2%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.2%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
22.3%
Couples, no children
6,518
Total families
Economy & Employment
Professional/Tech leads employment at 17.1% (613 workers), followed by Healthcare (16.1%), Education (12.4%), Finance (7.8%), and Retail (7.1%). This white-collar tilt is higher than the Melbourne average. Professionals (1,638) dominate occupations, more than double the Managers count (756). Unemployment at 5.1% is slightly above the national average, possibly inflated by students seeking part-time work. Full-time employment at 63.5% is solid. SEIFA IRSAD decile 9 and IRSD decile 9 both confirm top-quintile advantage. The IEO education decile of 9 is consistent with the 59.9% university rate.
Unemployment
4.1%
Labour Force
9,578
Unemployed
395
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
63.5%
Part-time
31.4%
Participation
67.3%
Employed
4,423
Occupations
Top Industries
University
59.9%
Postgraduate
19.3%
Born Overseas
39.4%
Dwellings
3,272
Transport to Work
Public transport captures 11.4% of commuters, well above the Melbourne average, thanks to Ormond station on the Frankston line. Car use at 77.4% is lower than outer suburbs. Crime at 37.6 per 1,000 is below the Melbourne metro average. Property offences (169) dominate. Ormond has 4 schools: Kilvington Grammar (ICSEA 1182, 758 students), Ormond Primary (ICSEA 1158, 318 students), McKinnon Primary (ICSEA 1156, 794 students), and Divrei Emineh (ICSEA 932, 189 students). The first 3 rank well above the national benchmark. Need-for-assistance at 3.8% is below the national average.
Drive
77.4%
Public Transport
11.4%
Walk / Cycle
5.3%
Work from Home
N/A
Population Forecast
+0.87%/yr
(+132 people/yr)
EstablishedPopulation grew 6.1% over the past decade, relatively slow for inner-suburban Melbourne, but it surged post-COVID. The COVID dip was -6.9% (population dropped from 14,261 to 13,280), but recovered fully with a 10.5% bounce, above the state recovery average. Current growth runs at 0.87% annually (132 people/year). Medium forecasts project 15,480 by 2031, up from 15,157 in 2025. The overseas migration engine (+620/year) is enormous, but net internal outflows (-238/year) partially offset it. Real income grew 24.4% over the decade, and mortgage affordability improved from 48.3% to 38.6% of income between 2011 and 2021.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+620
Net Internal / yr
-238
Gentrification Signal
Early signs
Population +17% since 2011, Net internal outflow -238/yr, Strong overseas inflow +620/yr, COVID recovered (-7% dip → full recovery)
Safety & Crime
Total Offences
313
Year ending June 2024
Rate per 1,000 People
37.6
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Ormond compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Ormond a good suburb to live in?
Ormond scores SEIFA IRSAD decile 9 (top 10-20% nationally) with crime at 37.6 per 1,000, below the Melbourne average. Public transport at 11.4% is strong for a middle suburb. Three of 4 schools have ICSEA scores above 1150. The main barrier is entry price, with the median house at $2,080,000.
What is the median house price in Ormond?
The median house price is $2,080,000 as of mid-2024, up 108.5% from $997,500 in 2013 (5.4% CAGR over 14 years). Recent quarters show steady gains: $1,840,500 in late 2023 to $2,080,000 in mid-2024. Mortgage repayments average $2,252/month, consuming 25.2% of household income.
What schools are in Ormond?
Ormond has 4 schools: Kilvington Grammar (ICSEA 1182, 758 students), Ormond Primary (ICSEA 1158, 318 students), McKinnon Primary (ICSEA 1156, 794 students), and Divrei Emineh (ICSEA 932, 189 students). Three score well above the 1000 national benchmark, ranking in the top 15%.
Is Ormond safe?
Ormond recorded 313 total crimes at 37.6 per 1,000 residents, below the Melbourne metro average. Property and deception offences (169) are the main category, followed by crimes against the person (66). Public order offences (18) are low. The SEIFA IRSD decile of 9 correlates with lower crime rates.
Is Ormond good for property investment?
Gross rental yield is approximately 1.0% ($395/week on $2.08M), among the lowest in Melbourne. Vacancy at 9.9% is elevated. However, 14-year capital growth of 108.5% (5.4% CAGR) is strong, and net overseas migration at +620/year sustains demand. This is a capital-growth play, not a yield play.
How is Ormond's population changing?
Population reached 15,157 in 2025, growing 0.87% annually. A COVID dip of -6.9% fully recovered (+10.5% rebound). Net overseas migration at +620/year drives growth, partly offset by internal outflows of -238/year. Forecasts project 15,480 by 2031. University attainment at 59.9% is 29.8 pp above national.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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