41 McLellan Street

Ararat VIC 3377

1170 m²

House

Brad Jensen, last sold this property on 20 March 2026 after 22 days on market.

Overview

Set on a substantial 1,170m² (approx.) allotment in a highly sought-after location, this exceptional property presents a rare opportunity for investors and developers seeking both immediate rental return and outstanding future development potential (STCA). Currently leased on a periodic tenancy at $370 per week to excellent long-term renters, the home provides reliable holding income while plans for redevelopment or subdivision are explored. The existing three-bedroom home offers comfortable, generously proportioned accommodation, featuring a large living area at its heart. A functional kitchen overlooks the adjoining dining space, providing a practical and convenient layout for everyday living. At the rear of the home, an enclosed sunroom adds light and a connection to the outdoors. A central bathroom services the bedrooms. Externally, the scale and versatility of the allotment truly set this property apart. The expansive rear yard is enhanced by valuable rear lane access, providing exceptional flexibili

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1170 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 41 McLellan Street is $408k.

Median value

$408k

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 41 McLellan Street

2026

Sold

Undisclosed

20 Mar 2026 by Brad Jensen, of Nutrien Harcourts Ararat

2021

Sold

$255,000

Private Sale/Treaty on 06 Aug 2021 by Greg Kerr, of Nutrien Harcourts Ararat

2020

Rented

Undisclosed

Leased on 03 Sep 2020 by Nutrien Harcourts 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.