FOR SALE
$155,000 - $170,000

21 Grano Street
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1538m2
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EXPANSIVE 1538M2 APPROX. ALLOTMENT

Are you dreaming of a spacious property to build your ideal family home, with plenty of room left for an outdoor entertaining area and a shed? This expansive 1538m2 approx. allotment, situated in a prime location with sealed road frontage, might be exactly what you've been searching for. Zoned for General Residential use, this block offers flexibility and great potential for residential development. With sewer and power pits already in place and water services available on-site, you'll find everything you need to start building. Additionally, the property offers the potential for subdivision, subject to council approval (STCA), making it an even more attractive opportunity.
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Property Details for 21 Grano St, Ararat

Building Type
Land
Land Size
1538m2

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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.

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Aidan Moar
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