38 Carey St

Ararat VIC 3377

613 m²

House

Last sold for $315,000

Michael Fratin, last sold this property on 12 August 2025 after 67 days on market.

Overview

Affordable, Well-Located Investment or First Home Opportunity

This well-maintained and centrally located home offers an excellent opportunity for first-time buyers or savvy investors. Conveniently positioned within easy walking distance to schools, supermarkets, and the CBD, this property combines comfort, practicality, and strong rental potential. Set on an approximately 613sqm block, the home features three bedrooms and is currently tenanted at $320 per week until February 2026, providing immediate rental income. Inside, you'll find a cosy lounge filled with natural light, complete with a reverse-cycle split system and ceiling fan for year-round comfort. The living area flows seamlessly into the dining space, while the kitchen offers ample room for casual dining, generous storage, and electric cooking. Each of the three bedrooms includes ceiling fans, with two offering built-in wardrobes. The updated bathroom is clean and modern, featuring a shower over bath and vanity unit-perfect for family living. Outside, the property includes a carport, a covered alfresco area ideal for entertaining, a powered shed, and convenient rear lane access. Whether you're looking for a neat home or to expand your investment portfolio, this property is a smart and affordable choice in a prime location.

Features

3 bedrooms

1 bathroom

1 carspace

1 carport space

613 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ararat over the last 12 months, the estimated median property value of 38 Carey St is $406.5k.

Median value

$406.5k

Estimated value range

$250k - $5.9m

Median days on market

Estimated value trend

15%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Ararat. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Carey St

2025

Sold

$315,000

12 Aug 2025 by Michael Fratin, of Elders Real Estate Ararat

2018

Rented

Undisclosed

Leased on 15 Jul 2018 by Elders Real Estate Ararat

2017

Sold

Undisclosed

30 May 2017 by David Jennings, of Elders Real Estate Ararat

Happy sellers in Ararat

We have insufficient information to provide an overview of customer satisfaction for Ararat. Viewing the agent profiles, reviews and sales for Ararat can provide insights for this location.