5/48 King St, Ararat is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 84m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
This modern unit has recently been fully renovated inside with new paint, blinds, light fittings, and floor coverings. Features include a living room with split system and views to Mt Langi Ghiran. The dining area with large storage cupboard and small study nook. There are 2 bedrooms with new paint, carpet, views and free standing wardrobes. The bathroom has a new vanity, toilet shower over the bath. The kitchen has new cupboards, benchtops, splash back, gas cooker and a small laundrette. This unit is within easy walking distance to public transport and Main Street shopping.
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:
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