Ormond bungalow fetches $1.7 million

Ormond bungalow fetches $1.7 million
Ormond bungalow fetches $1.7 million

There was a $1.7 million weekend sale at Ormond of a four-bedroom California bungalow.

It had only changed hands a year earlier for $1.54 million, showing a 10 per cent increase in just over a year.

It showed just how fast the market is moving,” advantage property Consulting director Frank Valentic said, adding he “didn’t see the market showing down in the foreseeable future”.

The 99 Leila Rd California bungalow is set in landscaped gardens on 688sqm.

It looked like this last year.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Ormond Residential Sale

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