7 Mimosa Avenue, Ararat, VIC 3377 | House for sale | OnTheHouse
 
FOR SALE

7 Mimosa Avenue
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 185m2
Land area: 1667m2
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Prime Location, Enormous Potential & Exceptional Land

Set on an expansive approx. 1,611m2; allotment just a stone's throw from the Ararat CBD and local sporting precincts, this solid brick home offers an incredible opportunity for first-home buyers, savvy investors, and visionary developers alike. Featuring dual street frontage with practical rear access from Waratah Avenue, the sheer size of the block presents outstanding potential for future subdivision or development (STCA).
Inside, the home offers comfortable and practical living. The spacious lounge room is bathed in natural light through beautiful large windows and is kept comfortable year-round with a gas heater and a reverse cycle split system. The adjoining functional kitchen comes well-equipped with electric cooking and an abundance of storage. Three well-proportioned bedrooms service the household, all centered around a neat main bathroom.
Stepping outside, you will find beautifully established gardens that create a serene outdoor backdrop, complete with a single carport and a small rainwater tank for convenience. Dual street access from Waratah Avenue enhances the property's overall versatility, making full use of this impressive land holding.
The property is currently on a periodic lease returning $355 per week, making it a seamless addition to any investment portfolio. For complete peace of mind, all required compliance checks are up to date, including the Gas Safety Check completed in September 2025, as well as the Electrical Safety and Smoke Alarm checks completed in August 2026.
Whether you are looking to secure a quality investment with immediate holding income, move in and enjoy the expansive grounds, or capitalise on a prime multi-dwelling site (STCA), 7 Mimosa Avenue is a rare find.

Property Details for 7 Mimosa Ave, Ararat

7 Mimosa Ave, Ararat is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1667m2 and floor size of 185m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Floor Size
185m2
Land Size
1667m2
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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. There are 25 parks, covering nearly 14.9% of the total area. The population of Ararat in 2016 was 8297 people. By 2021 the population was 8500 showing a population growth of 2.4% 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 community and personal service occupation.In 2021, 69.70% of the homes in Ararat were owner-occupied compared with 68.10% in 2016.

Ararat has 5,008 properties. Over the last 5 years, Houses in Ararat have seen a 43.01% increase in median value, while Units have seen a 42.08% increase. As at 31 August 2026:

  • The median value for Houses in Ararat is $424,185 while the median value for Units is $313,488.
  • Houses have a median rent of $420 while Units have a median rent of $365.
There are currently 49 properties listed for sale, and 7 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Ararat.

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Ashleigh Marx
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Ray White Ararat
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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