1 Banksia StreetArarat VIC 3377
Property Details for 1 Banksia St, Ararat
1 Banksia St, Ararat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 320m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Ararat in the last 12 months.
Last Listing description (November 2023)
Sale By Fixed Date - Monday 6th November, 2023 @ 12pm (Unless Sold Prior). Indicative Buyer Range $275,000 - $302,500.
Discover the ultimate convenience and lifestyle, where you can sell your car and embrace a walkable city living experience. Situated in a highly sought-after, super central location, this beautifully renovated unit is just a stone's throw away from the bustling CBD.
Within 2-3 blocks, you'll find yourself amidst the convenience of three major supermarkets and the train station for easy commuting. The interior is a showcase of modern design, featuring a stylish kitchen complete with electric cooking and a dishwasher, an open plan lounge and dining area for entertaining, and a sleek bathroom with a generously sized walk-in shower.
The unit boasts two comfortable bedrooms with ample storage space, making it ideal for those looking to downsize in style or for savvy investors who can anticipate rental income of $325 per week.
With the added benefits of a single carport, low-maintenance landscaped gardens, and a tranquil paved garden retreat, this property is a retirement haven or a prime investment opportunity. Don't miss your chance to own a slice of urban paradise that perfectly combines style and convenience.
Property History for 1 Banksia St, Ararat, VIC 3377
- 01 Nov 2023Sold for $285,000
- 19 Oct 2023Listed for Sale Sale By Fixed Date - 6th November, 2023 @ 12pm
- 24 Mar 2015Transferred
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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 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.
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