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  3. Ararat

Ararat VIC 3377

Houses Units

Here you can find what you need to know about Ararat, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$343K Median Sale Price (National Average $485k) 693rd In VIC
-6.68% Median Sale Price Change (1yr) (National Average 4.30%) 2666th In VIC
$383pw Median Rent (National Average $395) 585th In VIC
5.8% Median Gross Yield (National Average 4.24%) 15th In VIC
Properties sold 134
Average discounting -5.46%
Average Days on Market 87
Stock on Market 134 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ararat, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ararat, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ararat, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Ararat


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Ararat, VIC 3377

Part of: Ararat Council No data available

The size of Ararat is approximately 161.2 square kilometres. It has 25 parks covering nearly 14.9% of total area. The population of Ararat in 2011 was 8,076 people. By 2016 the population was 8,298 showing a population growth of 2.7% in the area during that time. The predominant age group in Ararat is 50-59 years. Households in Ararat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ararat work in a labourer occupation. In 2011, 70.9% of the homes in Ararat were owner-occupied compared with 68.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ararat

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Ararat   for Houses in last 12 months


There have been 134 Houses sold in Ararat in the past 12 months with a median sale price of $343K, down 6.7% annually. It takes on average 69 days to sell with vendor discounting of -5.5%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Stawell VIC, 3380 -4.55% $315,000 $380pw 6.3% View Suburb Profile
Arcadia Vale NSW, 2283 10.15% $797,500 $595pw 3.9% View Suburb Profile
Horsham VIC, 3400 -4.38% $382,500 $393pw 5.3% View Suburb Profile
Serpentine VIC, 3517 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Bullsbrook WA, 6084 9.89% $605,511 $613pw 5.3% View Suburb Profile
Coffin Bay SA, 5607 15.22% $551,600 $440pw 4.2% View Suburb Profile

Currency

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