SOLD
Sold on 04 Jun 2024 for $550,000

1 Banfield Street
Ararat VIC 3377

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 136m2
Land area: 872m2
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Property Details for 1 Banfield St, Ararat

1 Banfield St, Ararat is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 872m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Ararat in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
136m2
Land Size
872m2
Local Government
Ararat
Lot/Plan
5~6A/PP5017

Last Listing description (August 2024)

Beyond the attractive facade and white picket fence, this stunning home reveals radiant interior spaces that have been renovated with designer flair. Highlighted by a superb location delivering enviable lifestyle appeal only one block from the CBD. Combining beautiful period elements and contemporary style this beautiful home has an abundance on offer, the main large bedroom features a walk in robe & two more bedrooms feature BIRs whilst the fourth bedroom/bungalow provides plenty of options and could also be used a home office/studio. The open plan living, dining and kitchen zones are the absolute hub of the house & overlook the secure yard perfect for entertaining and the kids to play. The designer kitchen boasts stone benches and quality appliances, other recent upgrades to this remarkable property include new double glazed windows, ,updated floor coverings, recently painted inside & out, updated central bathroom & ducted heating/cooling. Outside is more than impressive with a double carport & entertainment area that overlooks the 872sqm (approx.) allotment, there is a lock up workshop that has recently been rewired & renovated. The property is private & well fenced with the front and rear yards are both low maintenance and easy to care for with the welcome addition of automated front gates. All located one block from the CBD, this gem of a property needs to be inspected. Contact the agent today!

Property History for 1 Banfield St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$550,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $550,000
  • 02 May 2024
    Listed for Sale $540,000 - $560,000
  • 11 Mar 2020
    Sold for $352,000
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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 4,716 properties. Over the last 5 years, Houses in Ararat have seen a 73.38% increase in median value, while Units have seen a 65.45% increase. As at 31 October 2024:

  • The median value for Houses in Ararat is $341,066 while the median value for Units is $319,415.
  • Houses have a median rent of $380 while Units have a median rent of $340.
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.

Suburb Insights for Ararat 3377

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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.