30 Mclellan StreetArarat VIC 3377
Property Details for 30 Mclellan St, Ararat
30 Mclellan St, Ararat is a 3 bedroom, 1 bathroom House. The property has a land size of 495m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Ararat in the last 12 months.
Last Listing description (October 2024)
Wow, what an amazing opportunity for investors and developers! This 3-bedroom miner's cottage, set on a 495 sq.m block with two street frontages, offers a long-standing rental history.
The home has been modernized with a updated galley-style kitchen featuring a gas cooktop and dishwasher, a split-system in the living area, and an updated bathroom.
Enjoy a covered outdoor area and a current rental income of $300 per week on a periodic tenancy with a rent increase to $320 in November 2024, making it an ultra-affordable option for owner-occupiers. Don't miss this incredible chance!
Property History for 30 Mclellan St, Ararat, VIC 3377
- 30 Oct 2024Sold for $232,500
- 08 Aug 2024Listed for Sale Price Range $230,000 - $250,000
- 04 Oct 2021Sold for $295,000
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0About 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 4,714 properties. Over the last 5 years, Houses in Ararat have seen a 73.38% increase in median value, while Units have seen a 65.45% increase. As at 31 October 2024:
- The median value for Houses in Ararat is $341,066 while the median value for Units is $319,415.
- Houses have a median rent of $380 while Units have a median rent of $340.
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