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18 Mclellan Street, Ararat$335,000
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For Salehouse

18 Mclellan Street

Ararat, VIC 3377, Australia
$335,000
4 bed 1 bath 4 car1000 m²

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About this property

Investor and developer opportunity awaits with this ultra-affordable property positioned on a huge 1000 sq.m. apprx allotment with the rare advantage of dual street access. Packed full of potential, this is the ideal chance to secure a centrally located property and rent the existing home while exploring future development opportunities at the rear (STCA). Conveniently located only minutes from the CBD, schools, supermarkets and the East Grampians Health Service, the property offers exceptional value for investors, developers or buyers looking for a project with upside. The neat weatherboard home provides a solid foundation with plenty of scope to renovate and improve. Inside, the home features a good-sized lounge complete with a wood heater and reverse-cycle split system, four bedrooms, plus a neat kitchen and bathroom. Outside, there is a double carport along with a large garage fitted with its own reverse-cycle split system, providing excellent additional storage, workshop or hobby space. Once rental compliant, the property is expected to achieve approximately $330-$350 per week, making this an exciting opportunity with immediate income potential and future possibilities. Please Note: Photo ID is required for all inspections.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
4
Land Area
1000 m²
Listed
1 month ago

Repayment calculator

$1,624/month
$812 /fortnight
Loan $268,000 at 6.10% over 30 years

Upfront costs

Deposit$67,000
Stamp duty$15,170
Conveyancing (est.)$2,000
Total upfront$84,170
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ararat

This 4-bedroom house in Ararat, VIC 3377 sits within reach of public transport, local shops and nearby schools. It is listed 26% below the $450,000 median of 57 comparable houseswithin 5 km.

Schools near Ararat

  • Ararat North Primary Schoolprimary · Prep-6 · CoEd
  • Ararat Primary Schoolprimary · Prep-6 · CoEd
  • Ararat West Primary Schoolprimary · Prep-6 · CoEd
  • Ararat Secondary Collegesecondary · 7-12 · CoEd
  • Marian Collegesecondary · 7-12 · CoEd

What's nearby

  • Ararat 1 (train)165 m away
  • United1.1 km away
  • Gordon Street Oval1.2 km away
  • Unnamed4.0 km away

Ararat at a glance

Full suburb profile
Population
8,500
Median age
45
Household income
$1,216/wk
Median rent
$250/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ararat price trend

Median sold · House 4 bed

Compound growth +3.1% / yr over 4 yrs

$519kcurrent median

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Price history

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1 price change recorded for this property

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