Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
VIC › Ararat › Lambert St
$370,000
Last sold
22 July 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
2,218 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$370,000
22 July 2025 · derived via latest_sale
Local land rate: recorded Land sales in Ararat (last 5 years) with land size have a median of $227/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Vs Ararat
-17.8%
Median sale
Suburb $450,000
+1.09 pp
Gross yield
Suburb 5.04%
Suburb median $450,000 from 134 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $436/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nutrien Harcourts AraratPut on the tool belt & fulfill the renovation dream you always wanted! An exciting opportunity for renovators, builders, or savvy developers to bring this home back to life. The home has good bones and requires mainly cosmetic work internally such as paint, floor coverings & window furnishings, to really embrace renovation life a new kitchen & bathroom would be a great investment. The house itself features 4 bedrooms, 1 bathroom with separate toilet & large kitchen/dining area and large family area. Externally really is a blank canvas with a large 2218m2 (approx.) allotment providing an amazing opportunity to build the dream shed you always wanted or alternatively capitalize and the approved 5 Lot townhouse development, whether you're looking to renovate or develop here is your chance to reap the rewards.
Approved 5 Townhouse Planning Permit
Discover the potential of this meticulously planned development, featuring approved town planning permits for five townhouses. Strategically situated in a coveted locale, this property offers an exceptional opportunity for developers and investors.
This development boasts versatile configurations to cater to diverse preferences. All five townhouses offer two bedrooms, the large master bedroom features an ensuite and combination of WIRs & BIRs, townhouse 1,2 & 5 also offer a second living area that could convert to another bedroom. The thoughtful design & footprint of each of each townhouse is exceptional, garage facilities include room a vehicle as well as storage.
Positioned in a highly desirable location, residents will enjoy proximity to essential amenities. Situated a short drive to Ararat CBD, convenience is at your doorstep. Richardson Oval & Chalambar Golf Club further enhances the location.
With a generous land area spanning 2218m2, there's ample space for contemporary living arrangements and outdoor amenities. The approved town planning permit, secured on 27th May 2024, presents an immediate development opportunity. Capitalize on the burgeoning demand for quality housing in the area and unlock the potential for significant returns on investment.
Developers please note the vendor may consider a joint venture.
Listing description written by Brad Jensen, Nutrien Harcourts Ararat — reproduced as published, not verified by Districts.