3 Mcgibbony StreetArarat VIC 3377
Property Details for 3 Mcgibbony St, Ararat
3 Mcgibbony St, Ararat is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 859m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (November 2024)
Rich with period appeal that is complemented and enhanced by a raft of modern comforts, this stunningly renovated home boasts prime position just one block from the very heart of Ararat's CBD.
Internally the renovation is fresh & contemporary while retaining elements of the charm & character of the original home. The kitchen, dining & main living area is a shared space & is certainly the hub of the home, the kitchen features a new 900mm oven, dishwasher plus plenty of bench & cupboard space. The central living zone is light & bright showcasing large windows & is the perfect place for the family to gather. Other elements of this recently renovated gem include the luxurious central bathroom which showcases retractable Velux Skylights, large bath, double vanity & double shower, new laundry, new carpet to 3 bedrooms all with BIRs, the versatile second living can easily convert to a 4th bedroom. Extra updates include new flooring throughout, new gas central heating, new wood combustion heating, new ducted cooling, new hot water system and completely rewired. Outside you will appreciate the very low maintenance yard with large shedding perfect for the tradesman or ultimate mancave, new facia & spout along with the roof recently repointed & painted. The ultra central location & fresh renovation presents an incredible opportunity, very rarely does a property come along where all the hard work has been done. Currently being utilized as AirBnb with a yield of approx $45,000 for the last 9 months, there is the option to purchase fully furnished & capitalize on a healthy income.
Property History for 3 Mcgibbony St, Ararat, VIC 3377
- 24 Oct 2024Sold for $465,000
- 14 Nov 2023Listed for Sale $474,500
- 27 May 2020Sold for $210,000
Recent sales nearby
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0About Ararat 3377
The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of 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 4,980 properties. Over the last 5 years, Houses in Ararat have seen a 46.48% increase in median value, while Units have seen a 23.77% increase. As at 28 February 2026:
- The median value for Houses in Ararat is $396,719 while the median value for Units is $271,195.
- Houses have a median rent of $400 while Units have a median rent of $350.
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