12/48 King Street, Ararat, VIC 3377 | Property Value & History | OnTheHouse
OFF MARKET

12/48 King Street
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 1204m2
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Property Details for 12/48 King St, Ararat

12/48 King St, Ararat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 1204m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1940
Floor Size
71m2
Land Size
1204m2
Local Government
Ararat
Lot/Plan
7/PS321198

Last Listing description (December 2022)

Make life easy with this two-bedroom ground floor apartment that has just hit the market. Perfectly positioned with Ararat Train Station at your door plus main street shopping only a block away, no mowing or gardening to stress over, just move in and relax. Endless opportunities with this unit to either owner occupy, AirBnB or purchasers could expect a rent return of approx. $250 per/wk. Inside you are warmed with neat & compact living, through the small entrance step into the main entrance which is a great spot for reading or dinning. The galley style kitchen offers gas stove & electric oven cooking, close by the generously sized lounge has timber flooring, plus gas heater, split system & overhead fan for comfort through all seasons. Both bedrooms are of good size & fitted with BIRs, the bathroom neighbours the master and is equipped with updated shower and toilet. Rear access to the outside veranda via the kitchen, plus the unit has recently been rewired and features dual blinds throughout, there is also a dedicated garage at the rear of the property all which are welcomed additions to the property. Sell the car, and don't miss this opportunity to get a hold of one of Ararat's most central apartments. Contact the agent for more information.

Property History for 12/48 King St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$177,000
31 Oct 2022
Listed for Rent
$165/w
19 Nov 2010
  • 31 Oct 2022
    Sold for $177,000
  • 13 Jul 2018
    Listed for Sale $108,000
  • 27 Mar 2013
    Sold for $79,500
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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 4,980 properties. Over the last 5 years, Houses in Ararat have seen a 46.48% increase in median value, while Units have seen a 23.77% increase. As at 28 February 2026:

  • The median value for Houses in Ararat is $396,719 while the median value for Units is $271,195.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 48 properties listed for sale, and 13 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 256 properties were sold in the past 12 months in Ararat.

Suburb Insights for Ararat 3377

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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.