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 › Steven Cres
$322,500
Last sold
14 July 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
596 m²
Land
91 m²
Building
Districts View
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
$322,500
14 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Ararat (last 5 years) with land size have a median of $518/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
-28.3%
Median sale
Suburb $450,000
+1.99 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 scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Ararat
Ararat, VIC
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 597 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 597 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Nutrien Harcourts AraratNeatly tucked away in the centre of Steven Crescent, this well presented and thoughtfully updated home offers comfortable living with great appeal. Comprising three generously sized bedrooms, all with built-in robes, the home also features a neatly updated bathroom with a separate toilet for added convenience, along with a functional and well-appointed kitchen.
Inside, you'll find updated carpets and floor coverings throughout, complemented by block-out blinds to most windows. The home is equipped with a split system and gas heating in the living area, ensuring year-round comfort for the whole family. A practical and easy-flowing layout further enhances everyday living.
Set on a generous allotment of approximately 596m², the property strikes the perfect balance between space and low-maintenance living. The yard offers plenty of room for the family to enjoy, while remaining easy to care for with established, low-maintenance gardens. A single carport with rear lane access and secure fencing complete the package.
Providing peace of mind, the home meets current minimum rental standards, including up-to-date electrical, gas, and smoke alarm compliance. With an estimated rental return of $350 per week, this property represents a strong investment opportunity that can be taken advantage of from day 1, while also being ideally suited to first home buyers or those looking to owner-occupy.
Contact Brad or Luke today to secure this fantastic opportunity.
Listing description written by Brad Jensen, Nutrien Harcourts Ararat — reproduced as published, not verified by Districts.