21 Coad St

Ararat VIC 3377

860 m²

House

Last sold for $315,000

Adam Walker, last sold this property on 03 August 2025 after 90 days on market.

Overview

Investor / Developer Opportunity!

Investor/Developer Opportunity - Prime West End Corner Block (Approx. 860m²) Positioned on a prominent corner block in Ararat's sought-after West End, this brick veneer home presents an outstanding opportunity for investors and developers alike. Set on approximately 860m², the property offers excellent development potential (STCA), while currently generating solid rental income of $360 per week. Owner occupiers, vacant possession is possible in 60-90 days. The residence features a spacious lounge and dining area with polished pine floors, split-system heating and cooling, a gas heater, and access to a front patio via sliding glass doors. All three bedrooms are generously sized and include built-in robes. The kitchen offers ample timber cabinetry and storage, complemented by a country-style bathroom and a bright sunroom at the rear. Outside, the property includes a well-established yard, timber garage, and two storage sheds. Conveniently located within walking distance to Ararat West Primary School, Ararat Community College, kindergarten facilities, and just 4-5 blocks from Woolworths and the CBD, this is a rare chance to secure a proven-growth location with immediate income and long-term potential. Photo ID required at all inspections.

Features

3 bedrooms

1 bathroom

1 carspace

1 garage space

860 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ararat over the last 12 months, the estimated median property value of 21 Coad St is $406.5k.

Median value

$406.5k

Estimated value range

$250k - $5.9m

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Ararat. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21 Coad St

2025

Sold

$315,000

03 Aug 2025 by Adam Walker, of Ray White Ararat

2023

Sold

$335,000

Private Sale/Treaty on 07 Mar 2023 by Adam Walker, of Ray White Ararat

2018

Rented

Undisclosed

Leased on 02 May 2018 by Ballarat Real Estate - ARARAT

Happy sellers in Ararat

We have insufficient information to provide an overview of customer satisfaction for Ararat. Viewing the agent profiles, reviews and sales for Ararat can provide insights for this location.