SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $116,000

54 Smith Street
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 587m2
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Property Details for 54 Smith St, Ararat

Building Type
Land
Land Size
587m2
Local Government
Ararat
Lot/Plan
23/LP29236

Last Listing description (July 2024)

An exceptional opportunity to build your dream home or investment property with 2 street frontages. This vacant block of land boasts a generous 587m2 allotment with convenient access, making it an ideal canvas for your vision. All essential services, including water, electricity, and sewage, are readily available streamlining the building process. Close proximity to schools, child care, gym, hospital and train station. Whether you're looking to build your dream home or capitalize on the investment potential, this property presents an exciting opportunity not to be missed. Contact Aidan Moar on 0458 579 328 today for more information.

Property History for 54 Smith St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$116,000
08 Jul 2024
  • 04 Jul 2024
    Sold for $116,000
  • 10 May 2024
    Listed for Sale $135,000
  • 19 Nov 2020
    Sold for $66,000
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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 4,706 properties. Over the last 5 years, Houses in Ararat have seen a 70.93% increase in median value, while Units have seen a 57.67% increase. As at 30 September 2024:

  • The median value for Houses in Ararat is $341,798 while the median value for Units is $307,862.
  • Houses have a median rent of $380 while Units have a median rent of $338.
There are currently 47 properties listed for sale, and 9 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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Aidan Moar
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Real Estate Group
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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.