88 Moore Street, Ararat VIC 3377

Large block in mature Ararat | 3 bed, 1 bath on 938sqm | Owner-occupied street with strong school access | Priced above median but justified by land The property’s primary buying case rests on its generous 938-square-metre block in a stable owner-occupied street, which is uncommon for a three-bedroom house in Ararat. This land size gives a buyer positional flexibility—future subdivision, a shed, or simply space that most nearby homes lack. The proximity to both Ararat Primary and St Mary’s within walking distance makes it practical for families, while the mature demographic profile of the suburb suggests a quiet, low-turnover neighbourhood. For a buyer seeking a long-term hold with optionality, the land is the real value; the house itself is modest but functional for a first home or downsizer. The single bathroom is a clear limitation for resale to families, and the asking range sits above the suburb’s three-bedroom median, meaning the buyer is paying for land potential rather than house condition. The market pace is moderate at 51 days, so there is no urgency—this gives a buyer room to negotiate, especially if the property has been listed since May. The opportunity lies in buying below the guide and treating the house as a holding cost while the land appreciates. Hold it for five years or improve the bathroom and kitchen to lift value toward the next buyer bracket.