57 Elizabeth StreetArarat VIC 3377
Property Details for 57 Elizabeth St, Ararat
57 Elizabeth St, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 860m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.
Last Listing description (April 2024)
Attention all investors and developers! This incredible opportunity awaits you - a massive 860 sq.m block with a generous 20-meter frontage and the added bonus of rear lane access.
The potential here is truly enormous, making it an ideal project for enthusiastic renovators or developers looking to create a multi-unit site (STCA). This is an entry-level buying opportunity that shouldn't be missed.
The existing cottage offers three bedrooms, with the master bedroom featuring a robe. The home includes a comfortable lounge with a split system for climate control, a separate dining area, a basic kitchen equipped with an electric stove, and a combined bathroom/laundry with an instant hot water unit.
To top it off, there's a spacious 6m x 6m shed, adding even more value to this exciting property. Don't let this fantastic real estate opportunity slip through your fingers - contact us today!
Property History for 57 Elizabeth St, Ararat, VIC 3377
- 19 Mar 2024Sold for $215,000
- 19 Oct 2023Listed for Sale Price Range $215,000 - $230,000
- 26 Aug 2022Transferred
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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 4,709 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:
- 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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