FOR SALE
$175,000

1/48 King Street
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Unlock Potential: Affordable Unit in Ararat

Opportunity awaits with this budget-friendly unit in Ararat, perfect for those looking to put their personal touch on a home or investment property. This 2-bedroom, 1-bathroom unit offers a blank canvas with potential for transformation.
Located near the train station, convenience is at your doorstep, providing easy access to transportation and local amenities. The unit features a modest living area, offering a starting point for creating a comfortable and functional space.
Ideal for first-time home buyers eager to invest in a project, downsizers seeking a simpler lifestyle, or investors looking for a value buy with room for improvement. With some renovation and creativity, this unit could be transformed into a cozy and charming residence.
Don't miss this chance to make your mark on a property with great potential-schedule a viewing today and envision the possibilities!
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Property Details for 1/48 King St, Ararat

1/48 King St, Ararat is a 2 bedroom, 1 bathroom Unit. The place is currently for sale with Real Estate Group.

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Unit

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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016.

Ararat has 4,707 properties. Over the last 5 years, Houses in Ararat have seen a 80.54% increase in median value, while Units have seen a 59.65% increase. As at 31 August 2024:

  • The median value for Houses in Ararat is $352,556 while the median value for Units is $299,169.
  • Houses have a median rent of $383 while Units have a median rent of $330.
There are currently 51 properties listed for sale, and 8 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Ararat.

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Koby Stewart
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Real Estate Group
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