2 Dean StreetArarat VIC 3377
Property Details for 2 Dean St, Ararat
2 Dean St, Ararat is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 1723m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (October 2022)
A fantastic new development opportunity has just hit the market. This outstanding parcel of land is perfectly positioned to take full advantage of the rapid growth in population & employment within the Ararat township, all whilst being supported by the current housing shortages, developers this one is for you! The home itself requires work and would take an experienced renovator to bring it back to its former glory.
The property holds excellent potential for an astute developer to take advantage of the ideal location to develop individual street frontage houses on the large 1723m2 (approx.) allotment (STCA). Currently leased out at $285 per week until April 2023. Centrally located with the CBD, Hospital, Ararat Village Early Learning Centre & Mitre 10 all within walking distance, plus the block itself having two street frontages (Dean Street & Young Street) and side lane access. This is an opportunity not to be missed, contact the agent today for further information.
Property History for 2 Dean St, Ararat, VIC 3377
- 08 Jul 2022Listed for Sale Not Disclosed
- 16 Mar 2021Listed for Rent $280 / week
- 05 Feb 2021Sold for $267,000
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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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