145 Picnic RoadArarat VIC 3377
Property Details for 145 Picnic Rd, Ararat
Last Listing description (November 2024)
Sale By Fixed Date - Tuesday 24th September, 2024 at 12pm (Unless sold Prior). Indicative Price $350,000.
Nestled at the foothills of picturesque One Tree Hill, this sprawling 1-hectare (2.5-acre) property in one of Ararat's most sought-after locations offers a semi-rural lifestyle with endless possibilities. Zoned for rural living, this unique parcel provides the perfect canvas to renovate the existing timber cottage with its rustic charm or start fresh and build your dream home with ample space for the whole family.
The existing cottage features two bedrooms, a spacious lounge, and original kitchen and bathroom, evoking the appeal of a bygone era. Whether you're inspired to undertake a grand renovation or prefer to knock down and rebuild, the expansive land offers room for additional shedding, a pool, or space to run a few sheep or keep a horse.
Property History for 145 Picnic Rd, Ararat, VIC 3377
- 20 Sep 2024Sold for $345,000
- 04 Sep 2024Listed for Sale $350,000
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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 4,978 properties. Over the last 5 years, Houses in Ararat have seen a 48.72% increase in median value, while Units have seen a 24.59% increase. As at 31 March 2026:
- The median value for Houses in Ararat is $407,974 while the median value for Units is $273,354.
- Houses have a median rent of $400 while Units have a median rent of $350.
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