11 Palmerston Street, Ararat, VIC 3377 sold on 09 December 2024 | OnTheHouse
 
SOLD
Sold on 09 Dec 2024 for $191,000

11 Palmerston Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 930m2
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Property Details for 11 Palmerston St, Ararat

11 Palmerston St, Ararat is a 3 bedroom, 1 bathroom House. The property has a land size of 930m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.

Building Type
House
Land Size
930m2

Last Listing description (December 2024)

Auction - Saturday December 7th, 2024 onsite at 10am. Indicative buyer guide $200,000.
Renovators and developers, take note! This centrally located property is perfect for a grand revival or as a prime multi-unit development site (STCA) on a spacious 930 sq.m block. The low-maintenance, period-style Hardiplank home exudes potential, featuring a kitchen updated in the 80s/90s with ample storage and a gas stove. The residence offers three generous bedrooms and a cozy lounge with a gas heater, providing a solid foundation for your renovation vision.
The property boasts a bright bathroom with a shower over the bath, while the toilet is conveniently located off the laundry. A large, well-fenced yard with rear lane access enhances the appeal, offering added functionality and development potential.

With the CBD, train station, and supermarkets just two blocks away, this location is unbeatable for convenience and future growth. Don't miss out on this incredible opportunity to transform this property into a lucrative investment or your dream project.

Please note Photo ID is required for all inspections.

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Property History for 11 Palmerston St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$191,000
09 Dec 2024
  • 08 Dec 2024
    Sold for $191,000
  • 14 Nov 2024
    Listed for Sale Auction - Saturday 7th December, 2024 at 10.00am
  • 08 Aug 2003
    Transferred
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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 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 4,955 properties. Over the last 5 years, Houses in Ararat have seen a 62.20% increase in median value, while Units have seen a 51.78% increase. As at 30 November 2025:

  • The median value for Houses in Ararat is $386,784 while the median value for Units is $301,684.
  • Houses have a median rent of $390 while Units have a median rent of $340.
There are currently 51 properties listed for sale, and 16 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 237 properties were sold in the past 12 months in Ararat.

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