43 Smith StreetArarat VIC 3377
Property Details for 43 Smith St, Ararat
43 Smith St, Ararat is a 2 bedroom, 1 bathroom House. The property has a land size of 740m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Ararat in the last 12 months.
Last Listing description (July 2024)
Smart investment opportunity with current renters paying $280 p/w and are willing to sign a new 12 month lease. Ararat's rental market continues to boom, with strong enquiry and demand from renters and the same is predicted for many years to come..
A neat home that had a coat of paint and window coverings 12 months ago. Bright, North facing lounge, polished pine floors and near new split-system and there are 2 good size bedrooms.
The kitchen-meals is neat and tidy and offers reasonable storage and a gas stove, the bathroom with shower over the bath and a separate toilet.
Set on a large, approximately 740 sq.m block with a secure rear yard and good fencing, aluminum windows and concrete stumps. The property is currently compliant with the Rental Legislation.
Property History for 43 Smith St, Ararat, VIC 3377
- 26 Jul 2024Sold for $235,000
- 09 Oct 2023Listed for Sale Price Range $235,000 - $245,000
- 12 Aug 2022Listed for Rent - Price not available
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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 4,707 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.
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