8 Banksia Street, Ararat, VIC 3377 | House for sale | OnTheHouse
FOR SALE
Price Range: $340,000 - $355,000

8 Banksia Street
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 291m2
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Central Location! Low maintenance!

Positioned in a super central location, this low-maintenance brick veneer unit offers exceptional convenience just half a block from the CBD, with the main street's shops, restaurants and cafes all within easy walking distance. Two supermarkets, schools and the train station are also only one to two blocks away.
Freshly updated internally, the home features new paint throughout, timber-look vinyl plank flooring and quality new carpet in both bedrooms. The large north-facing open-plan living area provides a comfortable and light-filled space, complete with a gas space heater and split-system heating and cooling.
The modern kitchen offers an abundance of storage and bench space, a large pantry and a modern electric stove. Centrally located, the bathroom includes both a shower and bath, with a separate toilet for added convenience.
There are two good-sized bedrooms, both with built-in robes. The north-facing main bedroom enjoys plenty of natural light and features a glass sliding door opening onto the front patio.
Outside, the ultra-low-maintenance and secure rear yard includes a garden shed and ramp access to the living area. A carport completes this appealing package.
Ideal for retirees seeking a convenient, easy-care lifestyle, professionals wanting to be close to everything, or investors looking for a strong rental opportunity, with an expected rental return of approximately $350-$360 per week.
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Property Details for 8 Banksia St, Ararat

8 Banksia St, Ararat is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 291m2 and floor size of 125m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Floor Size
125m2
Land Size
291m2
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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 11 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 292 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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Adam Walker
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Ray White Ararat
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.