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Sold on 04 Jun 2024 for $252,500

3 Banksia Street
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 9m2
Land area: 310m2
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Property Details for 3 Banksia St, Ararat

3 Banksia St, Ararat is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 310m2 and floor size of 9m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Ararat in the last 12 months.

Building Type
House
Floor Size
9m2
Land Size
310m2
Local Government
Ararat
Lot/Plan
2/PS629400

Last Listing description (June 2024)

Sale By Fixed Date closing Tuesday 7th May, 2024 @ 12noon.

Step into convenience with this well presented unit, offering a lifestyle where you can bid farewell to the hassles of commuting. Situated just moments away from the bustling CBD, and a mere 2-3 blocks from not one, but three supermarkets and the train station, this location epitomizes urban living at its finest.

Whether you're a retiree seeking solace or a professional craving proximity to amenities, this unit caters to all. Embrace the freedom to personalize your space to your heart's content, or seize the opportunity as an investor, with potential returns of $310 per week. Inside, you'll find an inviting open-plan layout, complete with a spacious living room adorned with a cozy gas heater.

The kitchen boasts ample storage and features a gas stove, seamlessly flowing into the dining area for effortless entertaining. Retreat to one of the two generously sized bedrooms, each equipped with built-in robes for added convenience. The central bathroom offers both a shower and a luxurious bath, complemented by a separate toilet for added functionality. Outside, discover a secure rear yard, complete with a petite garden shed and a water tank, ensuring both practicality and sustainability. Direct access from the carport to the unit adds an additional layer of convenience, completing this picture-perfect package. Say goodbye to the car and hello to a lifestyle where everything you need is just a stroll away.

Property History for 3 Banksia St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$252,500
04 Jun 2024
Listed for Rent
02 Nov 2016
  • 20 May 2024
    Sold for $252,500
  • 17 Apr 2024
    Listed for Sale IBR: $265,000
  • 10 Oct 2016
    Listed for Rent - Price not available
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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 4,716 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.
There are currently 47 properties listed for sale, and 12 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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Adam Walker
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Ray White Ararat
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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.