FOR SALE
2.7HA Lifestyle Retire Village Site

Contact Agent For Address
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.7ha
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Rare Opportunity For Retire Lifestyle Village Development

Lifestyle retirement village with approx 85 units plus an mutli function activity center.
The retirement living sector in Australia is experiencing significant growth, driven by the rapidly expanding ageing demographic profile. In the midst of this flourishing industry, the sale of The Lifestyle Retirement Village presents a unique and lucrative opportunity for investors/operators. This retirement village, distinguished by its mix of luxurious 2-bedroom villas, stands out as an exceptional prospect in the market.
Crafted by design, the development of The Rural Lifestyle Retirement Village sets itself within a high demand reginal area.
The upscale nature of the villas within the retirement village aligns with the discerning tastes and preferences of retirees seeking a high-quality living experience. The meticulous design by Thomas Anderson Design ensures that the development not only meets but exceeds the standards set by other retirement communities in the region.
Operators/Investors are presented with a golden opportunity to partake in the thriving retirement living sector by acquiring a stake in The Rural Lifestyle Retirement Village. The combination of luxurious accommodations, thoughtful design, and the increasing demand from Australia's ageing population positions this investment as a strategic move in the real estate market.

Property Details for Contact Agent For Address, Ararat

Building Type
Land
Land Size
2.7ha

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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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Jackey Jen
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Amy Lau
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Ausfortune property
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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.