10 Lambert StreetArarat VIC 3377
Property Details for 10 Lambert St, Ararat
10 Lambert St, Ararat is a 4 bedroom, 1 bathroom House. The property has a land size of 1345m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom House sold in Ararat in the last 12 months.
Last Listing description (December 2024)
Enjoy inner-city living with this fantastic investment opportunity, just steps away from all town facilities. Situated on a sprawling 1,345 sq.m block, this super central property is located adjacent to Woolworths, only one block from the main street's lively bars, cafes, and restaurants, and just three blocks from the train station.
Perfect for investor-developers, the existing tenant currently provides a rental return of $300 per week, allowing you to generate income while developing the large block with plenty of space for multiple units (STCA).
This classic period home features soaring 3m ceilings, four generously sized bedrooms, and a large open-plan living area. The kitchen offers excellent storage and is equipped with a gas stove. The bathroom includes a shower, bath, and a separate toilet.
Property History for 10 Lambert St, Ararat, VIC 3377
- 09 Dec 2024Sold for $297,500
- 24 Oct 2024Listed for Sale Price Range $280,000 - $300,000
- 24 Jan 2022Listed for Rent - Price not available
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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 4,727 properties. Over the last 5 years, Houses in Ararat have seen a 73.65% increase in median value, while Units have seen a 80.99% increase. As at 30 November 2024:
- The median value for Houses in Ararat is $345,006 while the median value for Units is $320,483.
- Houses have a median rent of $380 while Units have a median rent of $335.
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