17 Steven Crescent, Ararat, VIC 3377 | House for sale | OnTheHouse
 
FOR SALE
Price Range: $290,000 - $319,000View Property Price Statement

17 Steven Crescent
Ararat VIC 3377

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 760m2
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A Smart Investment with Development Potential (STCA)

An excellent opportunity to secure a well-presented investment property offering immediate rental income, a long-standing tenant and a generous 786m2; allotment with potential for future development (STCA). Currently returning $300 per week, with an estimated market rent of $320-$330 per week, this property provides instant income from settlement and an opportunity to strengthen your investment portfolio.
Well-maintained and offering comfortable living, the home features a welcoming lounge with a near-new gas heater and split-system heating and cooling. The kitchen provides excellent storage, updated vinyl flooring and a gas stove, while the spacious master bedroom includes a built-in robe and the second bedroom is fitted with its own split-system. The neat bathroom offers a shower, with a separate toilet and additional storage adding to the home's practicality. Further improvements include updated rewiring and a gas hot water service.
Outside, the impressive covered entertaining area provides a great space to relax, while the huge north-facing rear yard is securely enclosed with Colorbond fencing and complemented by established gardens. With its substantial allotment, comfortable home and reliable rental income, this is an appealing opportunity for investors, developers (STCA) or those looking to start or expand their property portfolio.

Property Details for 17 Steven Cres, Ararat

17 Steven Cres, Ararat is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 760m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Land Size
760m2
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About Ararat 3377

The size of Ararat is approximately 161.2 square kilometres. There are 25 parks, covering nearly 14.9% of the total area. The population of Ararat in 2016 was 8297 people. By 2021 the population was 8500 showing a population growth of 2.4% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a community and personal service occupation.In 2021, 69.70% of the homes in Ararat were owner-occupied compared with 68.10% in 2016.

Ararat has 5,008 properties. Over the last 5 years, Houses in Ararat have seen a 43.01% increase in median value, while Units have seen a 42.08% increase. As at 31 August 2026:

  • The median value for Houses in Ararat is $424,185 while the median value for Units is $313,488.
  • Houses have a median rent of $420 while Units have a median rent of $365.
There are currently 49 properties listed for sale, and 7 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 290 properties were sold in the past 12 months in Ararat.

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Adam Walker
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Ray White Ararat
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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