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Sold on 22 Aug 2024 - Price Unavailable

34 Mcgibbony Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 818m2
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Property Details for 34 Mcgibbony St, Ararat

34 Mcgibbony St, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 818m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.

Building Type
House
Land Size
818m2
Local Government
Ararat
Lot/Plan
4/LP19196

Last Listing description (August 2024)

Nestled in a super central location, mere steps from the vibrant heartbeat of town, this property offers unparalleled convenience. Just two blocks from the main street, residents enjoy easy access to an array of amenities including shops, cafes, restaurants, supermarkets, the train station, and schools.
This classic 1960's weatherboard home presents an enticing investment opportunity with an expected rental return of $350-$360 p/w. Boasting a north-facing lounge warmed by a gas space heater, the interior exudes a cozy ambiance.
The kitchen features gas cooktop, wall oven, and modern cabinetry, seamlessly flowing into the open-plan dining area. A neat original bathroom, complemented by ducted gas heating and evaporation cooling, ensures year-round comfort.

Accommodation comprises three generously sized bedrooms, two of which include robes, while a small sunroom at the rear offers additional versatility. Situated on a vast 818 sq.m block with rear lane access, the property offers ample space and convenience. The low-maintenance yard is perfect for easy living, while a single carport and an old timber garage provide ample storage and parking options.
Whether you're seeking a sound investment opportunity or a conveniently located family home, this property offers the best of both worlds-central living with the potential for future growth. Don't miss out on this rare chance to secure your slice of prime real estate in the heart of town.

Property History for 34 Mcgibbony St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
22 Aug 2024
Listed for Rent
23 Oct 2022
  • 22 Aug 2024
    Sold for $325,000
  • 10 Apr 2024
    Listed for Sale Price Range $320,000 - $340,000
  • 07 Oct 2022
    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 4,707 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 8 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 177 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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Ashleigh Marx
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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.