OFF MARKET

27 Speed Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 106m2
Land area: 736m2
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Last updated 30 Sep 2024
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Property Details for 27 Speed St, Ararat

27 Speed St, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 736m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1940
Floor Size
106m2
Land Size
736m2
Local Government
Ararat
Lot/Plan
3/LP52350

Last Listing description (October 2021)

3 bedroom Vinyl-clad home set on an approx 736 sqm block in the sought-after west end. Features inside include a lounge with gas heating and partial views to Mt Langhi Ghiran, bathroom with separate shower and bath, and updated vanity. Large updated kitchen with gas cooker, room for dining and floating floor and 3 Bedrooms with B.I.R's. Outside has an undercover entertaining area, spacious rear yard and shed. Walking distance to schools and kindergarten. Currently tenanted at $290 per week in a fixed lease until September 2021. Act now and either live in or continue leasing out this affordable home.

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 27 Speed St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$311,000
03 Sep 2021
Listed for Rent
$360/w
21 Oct 2021
  • 12 Oct 2021
    Listed for Rent $360 / week
  • 03 Sep 2021
    Sold for $311,000
  • 25 Aug 2021
    Listed for Sale $280,000 - $300,000
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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 4,709 properties. Over the last 5 years, Houses in Ararat have seen a 80.54% increase in median value, while Units have seen a 59.65% increase. As at 31 August 2024:

  • The median value for Houses in Ararat is $352,556 while the median value for Units is $299,169.
  • Houses have a median rent of $383 while Units have a median rent of $330.
There are currently 50 properties listed for sale, and 7 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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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.