SOLD
RECENT ADVICE
Sold on 23 Jul 2024 for $290,000

16A Coad Street
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2553m2
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Property Details for 16a Coad St, Ararat

Building Type
Land
Land Size
2553m2
Local Government
Ararat
Lot/Plan
2/PS619425

Last Listing description (July 2024)

2553 m2 of prime, elevated west-end land with lovely views to the surrounding hills has now become available. An easy walk to schools and shops with the added advantage of a bus stop at the front gate.

Currently featuring a 5-year-old designer produce garden consisting of a fruit tree orchard, citrus orchard and 8 large veggie plots. There is still plenty of land left for a large house complete with garaging and shedding. Alternatively, the land size would also afford a developer an extraordinary chance to build units or townhouses (STCA).

This is truly a rare offering. The lucky purchaser will be entirely free to choose any house style and any builder they desire.

To make further enquiries please contact Aidan Moar on 0458 579 328 at your earliest convenience.

Property History for 16a Coad St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$290,000
23 Jul 2024
  • 23 Jul 2024
    Sold for $290,000
  • 25 Jun 2024
    Listed for Sale $310,000 - $340,000
  • 26 Mar 2019
    Sold for $138,800
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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 4,706 properties. Over the last 5 years, Houses in Ararat have seen a 78.76% increase in median value, while Units have seen a 50.33% increase. As at 31 July 2024:

  • The median value for Houses in Ararat is $343,667 while the median value for Units is $279,055.
  • Houses have a median rent of $380 while Units have a median rent of $338.
There are currently 52 properties listed for sale, and 9 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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Aidan Moar
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Real Estate Group
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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.