26 Vincent StreetArarat VIC 3377
Property Details for 26 Vincent St, Ararat
26 Vincent St, Ararat is a 5 bedroom, bathroom Unit. The property has a land size of 1028m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 5 bedroom Unit sold in Ararat in the last 12 months.
Last Listing description (January 2020)
What an opportunity! Here is your chance to break into the investment market and purchase a block of 5 units within walking distance to the main street, supermarkets and school precinct!
Each of the 1 bedroom units each receive $170 per week with most providing an excellent history of long term tenant occupancy. Annual rental return of $44,200 pa when fully tenanted offering a great option for your investment portfolio with 10% (approx) gross return.
Each unit provides a tidy open plan kitchen and living area, main bedroom with robes and direct access to bathroom/laundry area with single carport and private courtyard. Don't miss this opportunity to purchase 5 units at an affordable price!
Property History for 26 Vincent St, Ararat, VIC 3377
- 25 Jan 2024Sold for $585,000
- 02 Oct 2019Sold for $453,000
- 23 Aug 2019Listed for Sale Range $440,000-$448,000
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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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