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19 Banksia Street, Ararat
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19 Banksia Street

Ararat, VIC 3377, Australia
317 m²

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About this property

An outstanding opportunity awaits in the heart of the Central Business District with this vacant commercial building block set on a prime 317 sq.m block. Boasting a generous 16.44m frontage to Banksia Street and zoned Commercial 1, this property offers immense potential for a wide range of uses including retail, office, business, entertainment, and community-focused ventures, with the added flexibility to incorporate residential development. All essential services-power, water, and sewer-are readily available, making it a ready canvas for investors, developers, or business owners looking to capitalise on a high-exposure, high-growth location. Rarely does a property with such versatility and CBD positioning come to market-don't miss this exceptional development prospect.

Neighbourhood

Living in Ararat

This land in Ararat, VIC 3377 sits within reach of public transport, local shops and nearby schools. It is listed 76% below the $459,000 median of 59 comparable landswithin 5 km.

Schools near Ararat

  • Ararat North Primary Schoolprimary · Prep-6 · CoEd
  • Ararat Primary Schoolprimary · Prep-6 · CoEd
  • Ararat West Primary Schoolprimary · Prep-6 · CoEd
  • Ararat Secondary Collegesecondary · 7-12 · CoEd
  • Marian Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)598 m away
  • United1.8 km away
  • Gordon Street Oval1.5 km away
  • Unnamed4.7 km away

Ararat at a glance

Full suburb profile
Population
8,500
Median age
45
Household income
$1,216/wk
Median rent
$250/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ararat price trend

Median sold · House 3 bed

Compound growth +4.9% / yr over 4 yrs

$412kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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