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Overview
Situated in Ararat's highly regarded West End, this property offers a valuable opportunity for first home buyers and investors alike. The single-level home boasts a well-sized land parcel of 684 square metres, providing ample outdoor space for gardening, recreation, or future enhancements.
The residence features three bedrooms and a single bathroom, arranged with a practical floor plan that emphasizes comfortable living spaces. With two dedicated parking spots, the property caters conveniently to families or multiple occupants who require vehicle accommodation.
Its location is a standout attribute, positioned close to schools, parks, shops, and essential local amenities. This proximity enhances day-to-day convenience and contributes to a peaceful lifestyle characteristic of the West End neighbourhood. Due to its recent rental success at $440 per week, the property demonstrates strong appeal for investors seeking reliable returns.
This home represents a balanced combination of affordability, functionality, and potential within a sought-after area. It's an ideal choice for buyers aiming to enter the market or expand their portfolio with a property that offers immediate livability and long-term value.
Local Market Insights
In Ararat, Quiet Listings observed 7 new houses entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $412,143. The property type mix of listed properties is predominantly Houses at 64%, followed by land (18%), and units (9%). The most active agency for houses in the Ararat area is currently Ray White, representing 57% of new listings, followed by Elders Real Estate with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Ararat VIC 3377
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