36 Mcgibbony Street, Ararat, Vic 3377

$290,000 - $310,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
548 mΒ²
Area

Published on Thursday, July 30, 2026 ( See property details for 36 Mcgibbony Street, Ararat, Vic 3377)

$290,000 - $310,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, low-maintenance two-bedroom weatherboard home on a corner allotment, ideal for investors or first-home buyers seeking value and potential.

🏑 Property Highlights

  • Highly convenient central location within walking distance of schools, supermarkets, and the town centre
  • Positioned on a corner allotment with peaceful, leafy outlooks from surrounding reserves
  • Currently leased to a reliable long-term tenant since 2013, generating $245 per week
  • Potential for value-adding updates to enhance rental return and property appeal
  • Tidy and functional interior with updated kitchen and practical bathroom
  • Timber flooring throughout main living areas for low-maintenance living

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Floorboards
  • Pet-Friendly
  • Fully fenced
  • Outdoor Area
  • Water tank
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Low-Maintenance Yard
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36 Mcgibbony Street
Ararat, VIC 3377
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Vertical aerial view β€” 36 Mcgibbony Street
36 Mcgibbony Street — Vertical Aerial  •  Ararat, VIC 3377  •  Nearmap © 2026

Ararat is a vibrant regional centre offering a blend of historic charm and modern amenities. Residents enjoy easy access to schools, shopping, and recreational reserves, all within a friendly community atmosphere. The area boasts excellent transport links and a peaceful, leafy environment, making it ideal for families, investors, and first-home buyers alike.

What is the condition of the property and are there any recent updates?
The property is tidy and functional, with an updated kitchen and bathroom completed in past years, providing a practical and comfortable living space.
Is the property suitable for investment, and what is the current rental income?
Yes, the property is currently leased to a reliable long-term tenant since 2013, generating $245 per week, with potential for increased returns after updates.
What are the nearby amenities and local facilities?
The home is within walking distance of schools, supermarkets, and the town centre, with surrounding reserves offering a peaceful outlook.
Can the property be easily updated or renovated?
Yes, with some TLC, the home can be refreshed and tailored to personal taste, enhancing its value and appeal.
Is the property suitable for first-home buyers or investors?
The property offers excellent value for both first-home buyers entering the market and investors seeking a low-maintenance addition to their portfolio.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming planning or development activities in the area? What are the council rates and any additional fees? Is there any history of flooding or bushfire risk in this location? Are there any restrictions on future renovations or extensions? What is the condition of the roof and other structural elements? Are there any known issues with the plumbing or electrical systems? Is the property compliant with current rental standards? Are there any planned infrastructure projects nearby that could impact the property?

36 Mcgibbony Street, Ararat, Vic 3377 - More Details

$290,000 - $310,000

Positioned on a corner allotment of approximately 548mΒ², this neat two-bedroom weatherboard home enjoys a highly convenient central location within walking distance of schools, supermarkets and the town centre.

Adding to its appeal, the property is surrounded by reserves on both street frontages, creating a peaceful, leafy outlook and a unique sense of space while still being right in the heart of town.

Currently leased to a reliable long-term tenant who has occupied the home since 2013, the property returns $245 per week. With some updates and compliance with current minimum rental standards, there is potential to further enhance its rental return.

Inside, the home is tidy and functional throughout. The kitchen was updated several years ago and features a full-length laminate bench, providing excellent storage and generous preparation space. The bathroom has also been improved in past years and remains practical and serviceable. Timber flooring throughout the main living areas offers a low-maintenance finish, while the bedrooms are comfortably carpeted.

Whether you're an investor seeking an affordable addition to your portfolio or a buyer looking to enter the property market, this home presents excellent value. With a little TLC, it could be easily refreshed and tailored to your own style and taste.

Contact Luke today to arrange your inspection.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
548 mΒ²

Price guide

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