6 Steven Cres, Ararat is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 606m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
This 3-bedroom weatherboard home is set on an approx 606 sqm low maintenance block. The home has been renovated inside and out and is ready for the next owner to either live in or lease out. Features outside include new paint, carport, garden shed, new guttering and downpipes, restumped, and new aluminum windows. The inside has also been repainted, new blinds, light fittings, and polished floorboards. The lounge has an electric firebox and the kitchen has been renovated and has gas cooking. The 3 bedrooms have been updated with paint and polished floorboards, there are also electric wall heaters in 2 of the bedrooms. The bathroom has been renovated with new vanity, tapware, and has shower over bath. The laundry has also been renovated and has vinyl planks. Ideal start for either 1st home buyers or investors to enter the market with an expected rent return of $320 - $330 per week.
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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