3/148 High Street, Ararat, VIC 3377 | House for sale | OnTheHouse
 
FOR SALE
$590,000

3/148 High Street
Ararat VIC 3377

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 701m2
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Incredible Investment Opportunity

Perfectly positioned at 3/148 High Street, Ararat, this modern brick veneer gem offers a seamless blend of contemporary design, spacious living, and immediate financial return. Built in 2024 and set on an impressive allotment of approximately 701m², this property represents a secure, set-and-forget addition to your real estate portfolio. The home is currently occupied by excellent renters on a fixed-term lease until April 2027, returning a lucrative and reliable $520 per week from day one.
Designed with modern families and effortless entertaining in mind, the expansive floor plan boasts two distinct living zones. The heart of the home features a light-filled open-plan kitchen, dining, and lounge area, complemented by a separate second lounge room that provides the perfect retreat for children or a quiet media space. Year-round comfort is absolutely assured thanks to ducted heating throughout the entire home, alongside a powerful split-system unit in the main living hub.
The clever layout accommodates four generously sized bedrooms. The master suite serves as a private sanctuary, complete with a spacious walk-in robe and a sleek ensuite featuring a shower and toilet. The three remaining bedrooms are all well-proportioned, each equipped with built-in robes and serviced by a central family bathroom complete with a shower, relaxing bath, and vanity, alongside the added convenience of a separate toilet. Storage is an absolute standout feature of this property, highlighted by an exceptionally large linen press that easily caters to a growing household's needs.
Stepping outside, the property continues to impress with a highly secure, low-maintenance yard that enjoys the rare and highly sought-after advantage of convenient rear lane access, making it perfect for secure vehicle, boat, or trailer storage. Sustainability and efficiency are integrated seamlessly with a gas hot water system and a rainwater tank to keep utility costs down. A double electric garage provides secure internal parking and peace of mind, featuring direct internal access straight into the house for ultimate rainy-day convenience. Blending a near-new build, premium creature comforts, and an exceptional tenant already in place, this High Street property is a rare find in today's market.
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Property Details for 3/148 High St, Ararat

3/148 High St, Ararat is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 701m2. The place is currently for sale with Ray White Ararat.

Building Type
House
Land Size
701m2
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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 4,985 properties. Over the last 5 years, Houses in Ararat have seen a 46.35% increase in median value, while Units have seen a 34.78% increase. As at 31 May 2026:

  • The median value for Houses in Ararat is $411,781 while the median value for Units is $296,213.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 51 properties listed for sale, and 11 properties listed for rent in Ararat on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Ararat.

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Ashleigh Marx
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Ray White Ararat
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