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
$315,000
Last sold
9 Sept 2025
3
Bedrooms
1
Bathrooms
0
Car spaces
574 m²
Land
79 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
$315,000
9 Sept 2025 · 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
-30.0%
Median sale
Suburb $450,000
+2.16 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 AraratExceptionally refurbished and presented to impress, this beautifully transformed home raises the bar for affordable living in Ararat. From the updated kitchen and bathroom, to the solar system, new fixtures and stylish interiors, every detail has been thoughtfully considered to deliver a home that feels modern, fresh and ready to enjoy.
Set on approximately 574m² in a quiet and convenient pocket, the property offers a genuine turnkey opportunity. Incorporating Colorbond cladding, aluminium windows and concrete stumps, the property is soundly built with minimal ongoing maintenance required - a reassuring combination of structural integrity and lifestyle ease.
Inside, you'll find:
• Fresh, contemporary interiors with new hybrid flooring, crisp paintwork and new day/night blinds throughout
• A stunning kitchen featuring an induction cooktop, electric oven and space for family dining
• A recently renovated bathroom with quality fittings and a large walk-in shower
• Brand new reverse cycle heating/cooling plus solar panels to help minimise energy costs year-round
All three bedrooms are generous in size, filled with natural light and complemented by new window furnishings and external awnings for extra comfort.
The additional 3.3m x 5.7m bungalow at the rear offers outstanding flexibility - perfect as a workshop, secure storage, home gym, possible studio or conversion into multi-purpose living space (STCA).
Outside, the backyard provides exceptional freedom of space, with plenty of room for additional shedding, vehicle and caravan storage, veggie gardens, or even a future alfresco area or chook run - all while retaining great yard space for children and pets to enjoy.
For lifestyle convenience, the location is excellent - moments from Ararat North Primary School, Ararat Early Learning Centre, a 24-hour gymnasium, hardware store, convenience store and public transport links.
With the potential for a strong rental return of approx. $350 per week, this standout property will appeal to discerning first home buyers, investors and downsizers alike.
Contact Linda Fry today to arrange your inspection and experience this quality home for yourself.
Listing description written by Linda Fry, Elders Real Estate Ararat — reproduced as published, not verified by Districts.