FOR SALE
$165,000

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!
TH1810
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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 4,706 properties. Over the last 5 years, Houses in Ararat have seen a 70.93% increase in median value, while Units have seen a 57.67% increase. As at 30 September 2024:

  • The median value for Houses in Ararat is $341,798 while the median value for Units is $307,862.
  • Houses have a median rent of $380 while Units have a median rent of $338.
There are currently 46 properties listed for sale, and 10 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Ararat.

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Koby Stewart
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