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3/16 Tobin Street, Ararat$399,000
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3/16 Tobin Street

Ararat, VIC 3377, Australia
$399,000
2 bed 1 bath 1 car195 m²

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About this property

Positioned in a quiet and convenient pocket of Ararat, just moments from the CBD and local amenities, this near-new townhouse presents an outstanding opportunity for owner occupiers and investors alike. Built in 2024 by JG King Homes, Victoria's leading steel frame builder, 3/16 Tobin Street combines modern low-maintenance living with quality finishes, thoughtful design, and the peace of mind of the balance of the new home builder's warranty. Designed for effortless everyday living, the home offers two generously sized bedrooms, both complete with mirrored sliding robes, while the master enjoys direct dual-access into the central bathroom - a practical and considered layout that enhances both comfort and functionality. The stylish bathroom is beautifully appointed with a large walk-in shower featuring rail shower fittings, a stone-top vanity, and toilet, all finished with a clean contemporary aesthetic. At the heart of the home, the sleek modern kitchen is fitted with quality 600mm stainless steel appliances, a dishwasher, undermount sink, and striking 40mm stone benchtops, perfectly complementing the light-filled north-facing open plan living and dining zone positioned at the rear of the home to maximise natural light and privacy. Further enhancing the practicality of the floorplan is a convenient powder room, European laundry, and secure single garage with internal access. Currently leased to an excellent renter at $400 per week until July 2026, this property offers immediate income and strong appeal as a genuine set-and-forget investment, while also presenting future owner-occupier potential (subject to relevant notice requirements). Whether you're looking to purchase your first home, downsize, invest, or secure a quality near-new property in a tightly held location, this is an opportunity not to be missed. To arrange your inspection or to request further information, contact Linda Fry on 0484 022 203 today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
195 m²
Listed
2 months ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$19,010
Conveyancing (est.)$2,000
Total upfront$100,810
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 2-bedroom apartment in Ararat, VIC 3377 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $470,000 median of 65 comparable apartmentswithin 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

  • Unnamed (bus)904 m away
  • United2.3 km away
  • Gordon Street Oval1.9 km away
  • Unnamed5.1 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 · Unit 2 bed

Compound growth +4.3% / yr over 4 yrs

$338kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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