Ormond St, Bondi Beach NSW 2026

There are insufficient recent house sales on Ormond St to calculate a reliable premium or discount against the Bondi Beach suburb average. Buyers should compare recent sales of individual homes on the street against nearby comparable properties to gauge current market positioning.

Ormond St has 0 bushfire-prone properties and 0 high-voltage powerline overlays. There are 3 heritage-listed homes, which may require council approval for exterior changes. For flood risk, 0 properties fall within a flood overlay, 6 are recommended for a flood check, and 1 has no flood risk identified or is not mapped. Buyers should review council mapping and insurance implications for the flood-check properties.

5 homes sit level with the street; 2 homes sit below the street. This mixed profile means site characteristics vary by individual property. Buyers should assess the specific site height and drainage of their chosen home rather than relying on the street average, as these factors depend on the individual property's layout.

Ormond St is a local road, which generally serves nearby residents and connects to larger thoroughfares. Local roads typically experience less through traffic than arterial or collector roads, though specific noise levels can vary depending on the exact location and time of day. This classification suggests a residential focus rather than a high-volume traffic corridor.

Ormond St has 49 residential properties, predominantly apartments. Apartments make up 85.7% of the street's housing stock, while houses account for 14.3%. This mix indicates a higher-density residential character compared to streets dominated by detached houses, reflecting the urban nature of the Bondi Beach area.

Key apartment developments on Ormond St include 6 Ormond St, a 4-level building with 13 lots built in 1983, and 4 Ormond St, a 3-level building with 12 lots built in 1978. There is also a 4-level development with 15 lots at 51 Francis St, which is adjacent to the street. These projects contribute to the street's established apartment presence.

In the past 12 months, 2 houses and 2 apartments sold on Ormond St. Over the trailing 5 years, the house turnover rate is 28.6%, and the apartment turnover rate is 14.3%. Turnover represents the proportion of properties that changed ownership during that period, providing a baseline for market activity without indicating whether the market is currently strong or slow.

Ormond St suits buyers seeking apartment living in a local-road setting within Bondi Beach. The street is predominantly apartments, with a small number of houses. Buyers should consider the heritage overlays on some homes and the recommended flood checks for others. The mixed elevation profile means site-specific assessment is crucial. This street aligns with those preferring a dense, urban residential environment over detached housing.