1/48 King StreetArarat VIC 3377
Property Details for 1/48 King St, Ararat
1/48 King St, Ararat is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 150m2 and floor size of 65m2.This Property is currently listed for sale with Real Estate Group
Last Listing description (September 2024)
Opportunity awaits with this budget-friendly unit in Ararat, perfect for those looking to put their personal touch on a home or investment property. This 2-bedroom, 1-bathroom unit offers a blank canvas with potential for transformation.
Located near the train station, convenience is at your doorstep, providing easy access to transportation and local amenities. The unit features a modest living area, offering a starting point for creating a comfortable and functional space.
Ideal for first-time home buyers eager to invest in a project, downsizers seeking a simpler lifestyle, or investors looking for a value buy with room for improvement. With some renovation and creativity, this unit could be transformed into a cozy and charming residence.
Don't miss this chance to make your mark on a property with great potential-schedule a viewing today and envision the possibilities!
Property History for 1/48 King St, Ararat, VIC 3377
- 27 Aug 2024Listed for Sale $175,000
- 10 May 2013Listed for Rent $175 / week
- 16 May 2011Transferred
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0About 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 4,709 properties. Over the last 5 years, Houses in Ararat have seen a 70.93% increase in median value, while Units have seen a 57.67% increase. As at 30 September 2024:
- The median value for Houses in Ararat is $341,798 while the median value for Units is $307,862.
- Houses have a median rent of $380 while Units have a median rent of $338.
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