FOR SALE
Price $260,000

3 Grevillea Court
Ararat VIC 3377

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 623m2
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Fantastic Opportunity for Investors!

Welcome to this beautifully appointed 3-bedroom home. The kitchen features gloss, soft-close cabinetry and electric cooking. Throughout the home, you'll find stunning polished hardwood floors. The lounge is generously sized and includes a split-system air conditioner for year-round comfort. The dining area is conveniently located off the kitchen, making meal times a breeze. The modern bathroom is complemented by a separate toilet for added convenience. All bedrooms come with built-in robes, providing ample storage space.
Outside, the yard is fully enclosed, offering privacy and security. There is also a large 9m x 6m steel shed that is powered, lined, and partitioned, offering the potential to be converted into four spacious rooms. This makes it an ideal space for a home office or additional accommodation for guests.
This property presents a fantastic opportunity for investors, with a current tenancy in place until January 2025, generating a rental return of $350 per week. All compliance checks have been completed to meet the minimum rental standards, ensuring peace of mind for both tenants and landlords.
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Property Details for 3 Grevillea Ct, Ararat

3 Grevillea Ct, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 623m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Land Size
623m2

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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016.

Ararat has 4,707 properties. Over the last 5 years, Houses in Ararat have seen a 80.54% increase in median value, while Units have seen a 59.65% increase. As at 31 August 2024:

  • The median value for Houses in Ararat is $352,556 while the median value for Units is $299,169.
  • Houses have a median rent of $383 while Units have a median rent of $330.
There are currently 51 properties listed for sale, and 8 properties listed for rent in Ararat on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Ararat.

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Ashleigh Marx
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Ray White Ararat
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