Ararat VIC 3377

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

$205k Median Sale Price (National Average $485k) 692nd In VIC
3.80% Median Price Change (1 yr) (National Average 4.30%) 308th In VIC
$268pw Median Rent (National Average $395) 610th In VIC
6.8% Median Gross Yield (National Average 4.24%) 12th In VIC
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Properties sold 177
Average discounting -5.28%
Average Days on Market 95
Stock on Market 34 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 - June 2019

Auctions Clearance rate
VIC 644 70%
ACT 40 55%
NSW 551 67%
NT 7 0%
QLD 114 35%
SA 103 55%
TAS 3 50%
WA 25 17%

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 35 parks covering nearly 13.5% 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 175 Houses sold in Ararat in the past 12 months with a median sale price of $213K, up 9.23% annually. It takes on average 86 days to sell with vendor discounting of -5.28%.

Streets in Ararat


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