123 Lambert StreetArarat VIC 3377
Property Details for 123 Lambert St, Ararat
Last Listing description (October 2025)
Put on the tool belt & fulfill the renovation dream you always wanted! An exciting opportunity for renovators, builders, or savvy developers to bring this home back to life. The home has good bones and requires mainly cosmetic work internally such as paint, floor coverings & window furnishings, to really embrace renovation life a new kitchen & bathroom would be a great investment. The house itself features 4 bedrooms, 1 bathroom with separate toilet & large kitchen/dining area and large family area. Externally really is a blank canvas with a large 2218m2 (approx.) allotment providing an amazing opportunity to build the dream shed you always wanted or alternatively capitalize and the approved 5 Lot townhouse development, whether you're looking to renovate or develop here is your chance to reap the rewards. Approved 5 Townhouse Planning Permit Discover the potential of this meticulously planned development, featuring approved town planning permits for five townhouses. Strategically situated in a coveted loc
Property History for 123 Lambert St, Ararat, VIC 3377
- 02 Jul 2025Sold for $370,000
- 18 Jun 2025Listed for Sale $380,000
- 12 Feb 2025Listed for Sale $440,000
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0About 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 4,956 properties. Over the last 5 years, Houses in Ararat have seen a 54.14% increase in median value, while Units have seen a 26.10% increase. As at 31 January 2026:
- The median value for Houses in Ararat is $400,979 while the median value for Units is $267,240.
- Houses have a median rent of $390 while Units have a median rent of $350.
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