Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
VIC › Ararat › Mulcahy Rd
$800,000
Last sold
16 Oct 2025
3
Bedrooms
2
Bathrooms
3
Car spaces
3,465 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$800,000
16 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Ararat (last 5 years) with land size have a median of $519/m² of land (n=123). Districts calculation from recorded sales — not a valuation.
Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Vs Ararat
+77.8%
Median sale
Suburb $450,000
-2.21 pp
Gross yield
Suburb 5.04%
Suburb median $450,000 from 134 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $436/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ararat at a glance
8,414
People
$450,000
Median sale
$436/wk
Median rent
5.04%
Suburb gross yield
Median sale from 134 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate AraratElders is proud to present to the market for the very first time, 1 Mulcahy Road, Ararat – a truly special home that combines timeless architectural character with generous space, privacy, and a semi-rural outlook, all within walking distance to Ararat's vibrant CBD, schools, and local amenities.
Set grandly on an impressive 3,465m² corner allotment in the sought-after west end, this much-loved residence has been meticulously cared for by its original owners. Surrounded by established park-like gardens that have featured in local open garden days, the home immediately impresses with its peaceful setting, sealed bitumen driveway, and private, leafy surrounds.
Step inside and you're welcomed by soaring exposed timber raked ceilings and a sense of space that only comes from considered, architectural concepts. The layout is free-flowing and functional, with multiple light-filled living zones oriented to capture the warmth of the northern sun through large double-glazed windows. The formal lounge features a cosy open fireplace and an inviting atmosphere perfect for quiet evenings or entertaining guests.
At the heart of the home is a beautifully renovated kitchen, finished with quality fixtures and fittings, modern cabinetry, and a stylish inbuilt gas log fireplace that brings warmth and ambience to the open-plan sitting and meals area. Toward the rear of the home, a second living zone currently set up as a billiard room provides a versatile space for family fun or relaxed entertaining, making the home ideal for interactive family living.
The master suite is a true retreat, featuring mirrored robe doors that reveal a walk-in robe, and a thoughtfully updated ensuite with a luxurious walk-in shower and floor-to-ceiling window overlooking a private garden space. Two further bedrooms include built-in robes, while a separate home office – with calming garden views – offers the flexibility to be converted into a fourth bedroom if required. A centrally located family bathroom includes a full-size bath, shower, large vanity, and skylight.
Throughout the home, modern comforts are seamlessly integrated, including ducted gas heating, evaporative cooling, new carpet in the lounge, floating laminate flooring, a 5kW solar system with two batteries, and a full security camera setup.
Outside, the property continues to impress with a double remote garage, a spacious undercover alfresco area complete with built-in BBQ and power, and a range of thoughtful inclusions for those who love the outdoors. There's side access for extra vehicles or caravans, areas of synthetic grass for easy care, raised vegetable gardens, fruit trees, two water tanks with a pressure pump, and a large powered 6m x 9.4m workshop along with an additional 6m x 9m shed for further storage or vehicle accommodation.
This home offers the rare combination of generous land size, architectural charm, and modern convenience in one of Ararat's most desirable locations. Whether you're upsizing, retiring, or simply looking for space and lifestyle without compromising on access to town, 1 Mulcahy Road is a standout opportunity.
Enquire today to arrange your private inspection and experience the warmth, space, and quality this home has to offer.
Listing description written by Michael Fratin, Elders Real Estate Ararat — reproduced as published, not verified by Districts.