112 Moore Street, Ararat VIC 3377
112 Moore Street, Ararat VIC 3377
3-bed family house | central Ararat location | large-block street character | steady rental demand | condition unknown
This property sits in a street where older detached houses on generous blocks are the norm, and that context works in its favour. A three-bedroom, one-bathroom configuration is the most common and practical layout for families, first-home buyers, and investors alike, which means demand should be broad rather than niche. The street itself is established, with period homes and character features appearing throughout, so buyers looking for that classic Ararat feel will likely be drawn here. For an owner-occupier wanting a central base near schools, shops, and the train station, this house offers a sensible entry point into a well-located suburb. Investors may also find it appealing, given the rental demand signals in the area, though the final appeal will depend heavily on what the inside actually looks like.
What may materially affect value is the condition and presentation of the house, since comparable stock on this street shows significant variance between fully renovated homes and those needing work. Land size could also shift the price meaningfully, especially if the block is large enough to allow for subdivision or future extension. The age of the building and the state of the roof, wiring, and plumbing are worth checking, as older homes often carry maintenance costs that newer buyers underestimate. Parking arrangements and the quality of outdoor space might influence how quickly it sells, but the core value will likely come down to how much updating is required versus what the asking range already assumes.
|| Comparable Sales: 60 Moore Street sold around $370,000–$400,000, 84 Moore Street sold at $370,000 | Property Price Band: $400,000–$500,000 | Value Drivers: condition, land size, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 112 Moore Street, Ararat VIC 3377
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Ararat, in the LGA of Ararat, is a regional market where investor demand for houses is underpinned by affordable pricing and solid yields. The house median sits at $390,000 with 5.41% annual growth, weekly rents around $400 and a gross yield near 5.44%; 182 house sales occurred in the past year. Units are weaker, with a median of $270,000, annual growth of -18.18% and a yield of 6.40%. Houses turn over in roughly 48 days, though quarterly capital gains lag the five-year average. Future growth hinges on sustained investor interest and local agency activity; the key constraint is the soft unit segment and slowing momentum.
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PropCred Estimated Value
Comparable Sales: 60 Moore Street sold around $370,000–$400,000, 84 Moore Street sold at $370,000 | Property Price Band: $400,000–$500,000 | Value Drivers: condition, land size, presentation
Bedrooms
3
Bathroom
1
Parking
-
Land
959m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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