33 Princes Street, Ararat, VIC 3377 | Property Value & History | OnTheHouse
OFF MARKET

33 Princes Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 69m2
Land area: 1007m2
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Property Details for 33 Princes St, Ararat

33 Princes St, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 1007m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Year Built
1910
Floor Size
69m2
Land Size
1007m2
Local Government
Ararat
Lot/Plan
2~73/PP5017

Last Listing description (February 2024)

Attention Investor Developers: Here's an exceptional opportunity in a prime central location! This 1000 sq.m corner block comes with side lane access and is zoned as 'General Residential.' The property is ideally situated within the schools precinct and is just a stone's throw away from the CBD, two supermarkets, and the train station. It's a strategic location that promises a bright future for your investment.
This property presents numerous possibilities for investor developers and renovators alike. Consider a multi-townhouse development (STCA) to maximize the potential of this site. You also have the option to renovate the existing house, increasing its rental cash flow value, or continue collecting the current rent of $300 per week from the current renters.
The period cottage exudes character with its high ceilings and offers a comfortable lounge complete with gas heating. There are two good-sized bedrooms and an additional bungalow for added space. The older-style kitchen provides plenty of storage cupboards and even a walk-in pantry. The bathroom features a shower over the bath, and a separate toilet.

With easy yard access from the lane, garden sheds, storage sheds, and rental compliance, this property is ripe for development or renovation. Don't miss out on this opportunity to invest in your future now. Contact us today to learn more about this promising real estate venture.

Property History for 33 Princes St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$250,000
25 Dec 2023
Listed for Rent
$290/w
11 May 2022
  • 25 Dec 2023
    Sold for $250,000
  • 19 Oct 2023
    Listed for Sale Price Range $240,000 - $260,000
  • 11 May 2022
    Listed for Rent - Price not available
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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 4,958 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.
There are currently 49 properties listed for sale, and 11 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 246 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.