11 Palmerston StreetArarat VIC 3377
Property Details for 11 Palmerston St, Ararat
11 Palmerston St, Ararat is a 3 bedroom, 1 bathroom House. The property has a land size of 930m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.
Last Listing description (December 2024)
Auction - Saturday December 7th, 2024 onsite at 10am. Indicative buyer guide $200,000.
Renovators and developers, take note! This centrally located property is perfect for a grand revival or as a prime multi-unit development site (STCA) on a spacious 930 sq.m block. The low-maintenance, period-style Hardiplank home exudes potential, featuring a kitchen updated in the 80s/90s with ample storage and a gas stove. The residence offers three generous bedrooms and a cozy lounge with a gas heater, providing a solid foundation for your renovation vision.
The property boasts a bright bathroom with a shower over the bath, while the toilet is conveniently located off the laundry. A large, well-fenced yard with rear lane access enhances the appeal, offering added functionality and development potential.
Please note Photo ID is required for all inspections.
Property History for 11 Palmerston St, Ararat, VIC 3377
- 07 Dec 2024Sold for $191,000
- 14 Nov 2024Listed for Sale Auction - Saturday 7th December, 2024 at 10.00am
- 08 Aug 2003Transferred
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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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