FOR SALE
$350,000

145 Picnic Road
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 12m2
Land area: 3ac
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Prime Location! Renovate or Rebuild!

Sale By Fixed Date - Tuesday 24th September, 2024 at 12pm (Unless sold Prior). Indicative Price $350,000.
Nestled at the foothills of picturesque One Tree Hill, this sprawling 1-hectare (2.5-acre) property in one of Ararat's most sought-after locations offers a semi-rural lifestyle with endless possibilities. Zoned for rural living, this unique parcel provides the perfect canvas to renovate the existing timber cottage with its rustic charm or start fresh and build your dream home with ample space for the whole family.
The existing cottage features two bedrooms, a spacious lounge, and original kitchen and bathroom, evoking the appeal of a bygone era. Whether you're inspired to undertake a grand renovation or prefer to knock down and rebuild, the expansive land offers room for additional shedding, a pool, or space to run a few sheep or keep a horse.
Set in a beautiful location with a serene, semi-rural aspect, this property is just minutes from Ararat's CBD, schools, and train station, making it the ideal blend of country living with city convenience. This is a rare opportunity to create the ultimate lifestyle property in a premier location.
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Property Details for 145 Picnic Rd, Ararat

145 Picnic Rd, Ararat is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 3ac and floor size of 12m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Floor Size
12m2
Land Size
3ac

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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.

Suburb Insights for Ararat 3377

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Adam Walker
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Ray White Ararat
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.