1 Palmerston Street
Ararat VIC 3377, Australia
Key details
- Locality
- Ararat
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.2808248 / 142.93241424
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC410758162
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 1\PS728156
- Remoteness area
- Regional
- Property type
- Apartment
- Land size
- 221 m²
- Internal area
- 70 m²
- Built
- 1998
- Mobile coverage
- 5G mobile coverage
- Heritage overlay
- None detected
- Zoning
- General Residential Zone – Schedule 1
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Residential
Market estimates
Based on curated rent estimate, web rent evidence, web value evidence.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 27 Jul 2022 Private treaty sale | $187,000 | $846 |
| Sale | 19 Oct 2016 | $595,000 | $2,692 |
| Sale | 18 Nov 2003 | $320,000 | $1,447 |
| Sale | 14 Oct 1983 | $27,303 | $123 |
Price per m² based on land size of 221 m².
Property insights
Property Features
- Two bedrooms with built‑in robes Raywhite.com
- One bathroom
- Single carport providing one car space
- Split‑system air‑conditioning
- Electric cooking facilities
- Gas hot water system
- Paved outdoor area with garden beds
- Opposite Alexandra Gardens with lake and mountain views
- Gas hot water
- Paved outdoor area and garden beds
- Opposite Alexandra Lake & Gardens with views of Mt Langi Ghiran
- Fully leased four‑unit block (units 1, 3, 5 & 7): All units feature 2 bedrooms, 1 bathroom and similar amenities
- Strong rental yields – projected $250 pw per unit
Recorded sales and leasing agents
- The property is listed by Ray White Ararat Raywhite.com
- Contact details: Phone 5352 2303
- The unit was sold for $187,000 on 27 July 2022 and is currently leased
- Recorded sale agency (2022 sale)
- Ray White Ararat recorded for the 2022 sale
Building profile
- Built: Year Built: 1998
Area insights
- Ararat Hospital local hospital – ~; 0.2 km away
- Ararat Police Station police services – ~; 0.2 km away
- Pyrenees House heritage‑listed former hospital building – ~; 0.2 km away
- Alexandra Gardens botanical garden opposite the property – ~; 0.3 km away
- Ararat Gallery TAMA regional art gallery – ~; 0.3 km away
Real Estate Agencies
Nearby schools
Frequently asked questions
How many bathrooms are there?
The property includes one bathroom
Raywhite.comWhat type of property is 1 Palmerston Street?
It is a brick unit/apartment forming part of a low‑maintenance four‑unit block
Raywhite.comHow many bedrooms does the unit have?
The unit has two bedrooms
Raywhite.comHow many car spaces are available?
There is one car space provided by a single carport
Raywhite.comWhat is the estimated weekly rent for the unit?
Projected rental income for each unit in the block is about $250 per week
Raywhiteararat.com.auWhich park is directly opposite the property?
Alexandra Gardens lies opposite the unit, offering lake views and recreation space
Raywhite.comWhat is the nearest hospital?
Ararat Hospital is approximately 0.2 km away
What kind of property is this?
1 Palmerston Street is listed as Apartment in Ararat, VIC
Car spaces Ray WhiteRelated profiles
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