FOR SALE
Price Range: $290,000 - $310,000

2, 3 Or 4/3 Kneale Street
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Purchase 1, 2 or all 3 Renovated Units!

Don't miss this incredible opportunity to purchase one, two, or all three beautifully updated units in a quiet, sought-after West End location. With proven rental success for over 20 years, these properties have been recently rendered and renovated for a fresh, modern feel. Perfect for owner occupiers who can select the unit that suits them best or investors seeking excellent rental returns.
Unit 2 - Recently renovated with the most stylish upgrades. Featuring a modern kitchen and bathroom, new flooring, window coverings, paint, and light fittings. Includes 2 bedrooms with robes, a dishwasher, gas heater, and split system. Outside, enjoy a single carport, garden shed, and courtyard. Currently leased at $320 p/w on a periodic tenancy.
Unit 3 - A modern feel throughout this open-plan living space with gas heating and a split system for comfort year-round. The well-designed kitchen includes electric cooking and a dishwasher. Updated with modern flooring, window coverings, paint, and light fittings. It has 2 bedrooms with robes, a single carport, and a great-sized yard. Currently leased at $320 p/w on a periodic tenancy.
Unit 4 - Positioned at the rear of the complex, this unit boasts a North-facing living area, open to the kitchen with a gas cooktop, dishwasher, and breakfast bar. Features include a modern bathroom, updated flooring, and window coverings. Includes 2 bedrooms with robes and a single carport. Currently leased with the rent increasing to $320 p/w in December 2024.
With flexibility for owner occupiers and proven returns for investors, these properties are a standout opportunity! Contact us today to learn more. Indicative guide is $290,000 - $310,000 per unit.
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Property Details for 2, 3 Or 4/3 Kneale St, Ararat, VIC 3377

2 3 Or 4/3 Kneale St Ararat VIC 3377 is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Ararat.

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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 4,726 properties. Over the last 5 years, Houses in Ararat have seen a 73.65% increase in median value, while Units have seen a 80.99% increase. As at 30 November 2024:

  • The median value for Houses in Ararat is $345,006 while the median value for Units is $320,483.
  • Houses have a median rent of $380 while Units have a median rent of $335.
There are currently 48 properties listed for sale, and 12 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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