3 Grevillea Ct, Ararat is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 623m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.
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.
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 4,709 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:
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