FOR SALE
$320,000-$340,000

16 Baird Street
Ararat VIC 3377

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 911m2
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16 Baird Street, Ararat - Your Dual-Income Dream Awaits

Prime Investment Opportunity with rendered brick home and approved plans for 2nd dwelling
Maximise Your Returns Today and Tomorrow
Discover the ultimate investment property with 16 Baird Street, Ararat. This spacious 911m² (approx.) block offers a lucrative blend of immediate rental income and exciting future development potential.
Key Features:
• Solid Rental Income: Currently leased at $380 per week, ensuring consistent cash flow.
• Approved Plans and Permits: Ready to build a second dwelling, perfect for dual-income living or for re-sale
• Spacious Family Home: Four generous bedrooms, well-appointed bathroom, and a modern kitchen.
• Outdoor Entertaining: Expansive backyard with a covered BBQ area, ideal for relaxation and social gatherings.
• Plenty of Storage: Ample garden sheds and a single garage for all your needs.
• Development Potential: Large, flat block with endless possibilities for future expansion.
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Property Details for 16 Baird St, Ararat

16 Baird St, Ararat is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 911m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
911m2

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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 4,715 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 43 properties listed for sale, and 10 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 184 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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