13 Murphy Street, Ararat VIC 3377

3-bedroom house | strong owner-occupied street | 678-708m² block | first-home buyer sweet spot This property sits on a street with 85% owner-occupancy and long-term resident rates above 44%, which signals stable neighbourhood demand and lower turnover risk — a rare configuration for first-home buyers in Ararat. The 678-708m² block is generous for a 192m² house, offering genuine outdoor space and future extension or shedding potential without being oversized. With Ararat North Primary School 300 metres away and Marian College within 1 kilometre, the location serves families well, while the 51-day average days on market for three-bedroom houses suggests reasonable liquidity in this price tier. The property is best suited to an owner-occupier seeking a solid, low-maintenance entry point with room to grow. The main risk is the building’s age and condition; no recent renovation is noted, and the single bathroom may limit appeal to buyers with children or those wanting a second income stream via a tenant. The 0% auction clearance rate for three-bedroom houses in Ararat indicates a soft market where negotiation leverage sits with the buyer. However, the 125 properties sold this year shows steady turnover, and the block size offers a commercial logic: a future subdivision or granny flat addition could lift value significantly if council permits allow. Hold this property as a long-term home with an eye on land value appreciation rather than short-term flipping.