Here's an opportunity to secure an excellent, new home site or development residential block measuring approximately 652m2 to build your dream home or a multi-unit development (STCA) to take advantage of the huge demand for holiday letting which generates very high income streams. Having front & rear access and services available is water, power & sewerage. Conveniently located and positioned with a kindergarten directly across the road and a short 10 minute stroll will give you access to the town's CBD to enjoy cafes, bars, restaurants & supermarkets.
Act now as this block will be very popular for demand on today's ever increasing market in Ararat. Don't miss out. Call the listing agent today Hayley Cox 0419 834 530 to secure this unique piece of land.
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:
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