22 Blackie Avenue, Ararat VIC 3377

Spacious acreage | Dual living flexibility | Strong local appreciation | Quiet outskirts position This property offers a rare combination of substantial land and dual living configuration within a market where median house prices have risen from approximately $400,000 to over $580,000 in four years. The flexible floor plan with multiple living areas and up to five bedrooms serves families seeking separation or extended household arrangements, while the 2.46-acre parcel on the peaceful fringe provides lifestyle appeal that detached houses on standard lots cannot match. For a buyer positioned to hold medium-term, the absence of flood or heritage overlays reduces regulatory friction, and the 90% owner-occupied street profile signals stable neighbourhood character. The main risk is the property’s irregular market history and extended time since last sale in 2005, which may indicate deferred maintenance or a niche buyer pool. The 142-square-metre building size on such land suggests the house is modest relative to the block, limiting immediate redevelopment potential without council approval. However, for a buyer seeking a dual-occupancy opportunity or a lifestyle holding with room to add value through subdivision or extension, this property sits below the current median trajectory and offers entry into a tightening market where only 80 properties were available last month.