1/4 Waratah Ave, Ararat is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 375m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Ararat in the last 12 months.
This immaculately presented two-bedroom brick unit offers low-maintenance living in a quiet and highly convenient location. Positioned within easy walking distance of the main street, hospital, and sporting facilities, it presents an excellent opportunity for retirees, downsizers, or investors seeking a quality property with strong rental appeal.Filled with natural light, the spacious lounge features a split-system air conditioner for year-round comfort and flows seamlessly through to the adjoining kitchen and dining area. The modern kitchen is well-equipped with gas cooking, ample cupboard storage, and generous bench space.Both bedrooms are generously sized and include built-in robes, while the central bathroom offers a separate bath and shower. A separate toilet is conveniently located off the laundry.Outside, the secure rear yard is easy to maintain and includes a garden shed, providing additional storage. A single garage with remote roller door offers secure vehicle accommodation.This is a fantastic set-and-forget investment opportunity, while also offering excellent potential for owner-occupiers looking to enjoy a comfortable and convenient lifestyle.Key Features:* Quiet location within walking distance to town, hospital, and sporting facilities* Two spacious bedrooms with built-in robes* Light-filled lounge with gas heating and split-system air conditioning* Modern kitchen with gas cooking and excellent storage* Separate bath, shower, and toilet* Secure, low-maintenance backyard with garden shed* Single garage with remote roller door* Long-term tenant in place currently paying $320 per week
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 5,006 properties. Over the last 5 years, Houses in Ararat have seen a 40.94% increase in median value, while Units have seen a 25.47% increase. As at 30 June 2026:
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