40 Moore Street, Ararat, VIC 3377 | Property Value & History | OnTheHouse
 
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40 Moore Street
Ararat VIC 3377

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1466m2
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Property Details for 40 Moore St, Ararat

Building Type
Commercial
Land Size
1466m2
Local Government
Ararat
Lot/Plan
1/TP871253

Last Listing description (May 2023)

+Long 10 year lease to 2032 plus options to 2042
+Cheap as Chips: Longstanding and successful discount goods retailer est. 1985, with a growing network of 50+ stores
+Annual CPI rent reviews

+Large 1,256sqm* building plus 28 sealed and line car spaces on-title
+Significant 4,284sqm* landholding provides opportunity to extend buildings STCA
+Strategic position opposite two strong trading supermarkets, ALDI & IGA
+Single tenant minimum management investment
+Ararat: major commercial centre and gateway to the Grampians, 25,000+ trade catchment
+Potential 50% Stamp Duty Savings
+Net Income: $159,782 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 10 May 2023
Crown Casino, Melbourne

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Property History for 40 Moore St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
$2,625,000
10 May 2023
Listed for Rent
$153/w
06 Nov 2017
  • 10 May 2023
    Sold for $2,625,000
  • 13 Apr 2023
    Listed for Sale Price on Request
  • 18 Mar 2022
    Sold for $1,375,000
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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 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.
There are currently 51 properties listed for sale, and 13 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Ararat.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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