SOLD
Sold on 04 Jun 2024 for $400,000

41 Banfield Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 569m2
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Property Details for 41 Banfield St, Ararat

41 Banfield St, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 569m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
102m2
Land Size
569m2
Local Government
Ararat
Lot/Plan
2/LP25768

Last Listing description (July 2024)

Discover the perfect blend of modern comfort and convenience in this meticulously maintained 3-bedroom brick veneer home. Situated on a generous 569 square meter allotment, this property presents a fantastic opportunity and is ideally suited to first home buyers, investors and retirees alike.

Creating a stylish ambiance that complements any decor, you will be pleased to find new carpet, vinyl plank flooring and fresh paintwork. Boasting a spacious living area and raked ceilings throughout, every corner of this home invites relaxation and enjoyment. Flooded with natural light, the kitchen is equipped with ample bench and cabinetry for food preparation and storage.

Unwind in the luxurious new bathroom featuring a freestanding bath, sleek fixtures, and modern finishes, providing a serene oasis for relaxation. With a newly renovated laundry and built-in robes in all bedrooms, functionality meets style effortlessly.

Stay comfortable throughout the seasons with the convenience of split system air-conditioning, ceiling fans and gas heating to ensure climate control. Plus, with 8 solar panels installed, you'll enjoy the benefits of energy efficiency and reduced utility costs.

Outside, the expansive yard offers endless possibilities for outdoor enjoyment and entertaining. Featuring rear lane access, a carport, and a 8.9m x 4.0m Colourbond shed with a concrete floor and power, this property provides ample space for storage and hobbies. Additionally, a 3m x 3m garden shed, good fencing, and established low-maintenance gardens enhance the appeal of the outdoor space.

Conveniently located close to schools, kinder, and just a short stroll to the main street, this home offers easy access to all amenities. With plenty of room for a caravan, boat, or trailer, this property is ready for you to move in and start enjoying the Ararat lifestyle.

With an expected rental return of $370 per week, investors will find this property an attractive opportunity with excellent rental yields.

Don't miss out on this prime real estate gem! Contact Linda Fry on 0484 022 203 today to arrange a private inspection and make 41 Banfield Street your new home sweet home!

Property History for 41 Banfield St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$400,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $400,000
  • 29 Feb 2024
    Listed for Sale $395,000 - $420,000
  • 22 Nov 2013
    Sold for $197,500
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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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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.