56 Banfield Street, Ararat, VIC 3377 | Property Value & History | OnTheHouse
OFF MARKET

56 Banfield Street
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 636m2
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Property Details for 56 Banfield St, Ararat

56 Banfield St, Ararat is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 636m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1960
Floor Size
123m2
Land Size
636m2
Local Government
Ararat
Lot/Plan
21/LP25589

Last Listing description (August 2015)

Three bedroom aluminium clad home in the popular west end is set on approx 650sqm block. It would make a fantastic first home opportunity, or a low maintenance investment property with an expected rent return of $220 - $230 per week. Outside has a powered garage / shed, garden shed and two water tanks. Inside features include lounge with gas heating and split system and second living / back sun room. Kitchen has been updated and has gas cooker, two bedrooms and a smaller third bedroom and bathroom with shower only. Close to schools , kindergarten, supermarket and walking distance to Main Street.

Property History for 56 Banfield St, Ararat, VIC 3377

A timeline of how this property has performed in the market
Last Sold
26 Oct 2015
  • 29 Jul 2015
    Sold for $155,000
  • 21 May 2015
    Listed for Sale $169,000
  • 07 Feb 2010
    Transferred
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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 4,955 properties. Over the last 5 years, Houses in Ararat have seen a 61.16% increase in median value, while Units have seen a 41.72% increase. As at 31 December 2025:

  • The median value for Houses in Ararat is $397,348 while the median value for Units is $277,840.
  • Houses have a median rent of $393 while Units have a median rent of $350.
There are currently 47 properties listed for sale, and 8 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 244 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.