FOR SALE
$152,000

7 Lavender Terrace
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 440m2
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PRIME BUILDING ALLOTMENT

A short walking distance to Ararat's CBD and everyday conveniences including local supermarkets, schools, and restaurants, these blocks allow you the opportunity to build your dream home or develop and grow your investment portfolio.
Here's an opportunity to secure an excellent, new home site, approximately 440m2 in size, to build your dream home. With a shared concrete road with water, power and sewerage connected. Capitalize on this location, relevant government grants and save on stamp duty. This is an exciting opportunity for you to build today!
Act now as this block will be very popular for demand on today's ever increasing market in Ararat. Don't miss out. Contact the listing agent Aidan Moar on 0458 579 328 secure this unique piece of land.
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Property Details for 7 Lavender Terrace, Ararat

Building Type
Land
Land Size
440m2

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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 4,727 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 50 properties listed for sale, and 12 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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Aidan Moar
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