18 Marx CrescentArarat VIC 3377
Property Details for 18 Marx Cres, Ararat
18 Marx Cres, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 653m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
This entry-level home is perfect for the first home buyer or the astute investor that could capitalize on the strong rental returns. The kitchen/dining area features ample cupboard and bench space, gas cooking and is positioned overlooking Centenary Park. The lounge area is a practical size & is well catered for with gas heating with polished timber floorboards throughout. The bathroom is conveniently located and is well fitted with a shower. All three bedrooms are a good size and have BIRs. All this is set on an approx. 653 m2 allotment, with so much on offer including a garden shed, room to entertaing guests with an undercover area and an additional shed ideal as a workshop or storage shed. There is also space for parking 2 cars undercover. This property is in a great location with Centenary Park right next door and within walking distance to schools and the city center this property offers a great investment opportunity with potential rental return $280 per week. Contact the listing agent to book your inspection today on 0458 579 328.
Property History for 18 Marx Cres, Ararat, VIC 3377
- 03 Nov 2021Sold for $222,000
- 14 Oct 2021Listed for Sale $215,000 - $230,000
- 06 Jan 2016Listed for Sale $155,000
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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 4,716 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:
- The median value for Houses in Ararat is $341,066 while the median value for Units is $319,415.
- Houses have a median rent of $380 while Units have a median rent of $340.
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