18 Mclellan St, Ararat is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 1000m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 4 bedroom House sold in Ararat in the last 12 months.
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.
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 5,015 properties. Over the last 5 years, Houses in Ararat have seen a 40.94% increase in median value, while Units have seen a 25.47% increase. As at 30 June 2026:
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