FOR SALE
Price Range $280,000 - $300,000

10 Lambert Street
Ararat VIC 3377

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 1345m2
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Fantastic Investment Opportunity!

Enjoy inner-city living with this fantastic investment opportunity, just steps away from all town facilities. Situated on a sprawling 1,345 sq.m block, this super central property is located adjacent to Woolworths, only one block from the main street's lively bars, cafes, and restaurants, and just three blocks from the train station.
Perfect for investor-developers, the existing tenant currently provides a rental return of $300 per week, allowing you to generate income while developing the large block with plenty of space for multiple units (STCA).
This classic period home features soaring 3m ceilings, four generously sized bedrooms, and a large open-plan living area. The kitchen offers excellent storage and is equipped with a gas stove. The bathroom includes a shower, bath, and a separate toilet.
With its huge block and prime central location, this property offers endless potential in the heart of town. Don't miss out on this rare inner-city development opportunity!
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Property Details for 10 Lambert St, Ararat

10 Lambert St, Ararat is a 4 bedroom, 1 bathroom House. The property has a land size of 1345m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Land Size
1345m2

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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 4,716 properties. Over the last 5 years, Houses in Ararat have seen a 73.38% increase in median value, while Units have seen a 65.45% increase. As at 31 October 2024:

  • The median value for Houses in Ararat is $341,066 while the median value for Units is $319,415.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 47 properties listed for sale, and 13 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Ararat.

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Adam Walker
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Ray White Ararat
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