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Investment Property Ararat, VIC, 3377

Suburb Snapshot

Ararat is a suburb in the Ararat Region of Victoria. Ararat has a population of 8,293 people and 23.95% of its occupants live in rental accommodation. The median listing price for houses is $442,500 and this has changed -0.57% over the past year and changed 7.92% over 2 years.

The median rent in Ararat for houses is $380 per week and the median rental yield is 4.46%. Stock on the market for houses/townhouses has changed -19.64% compared to last year and the average time to sell a house/townhouse is 165 days.The median listing price for units is $330,000 and this has changed 22.67% over the past year. The average unit takes 181 days to sell and the median rent for a unit in Ararat is $335 per week, producing a rental yield of 5.27%.

Supply & Demand in Ararat, Ararat

0.65%

Current vacancy rate


27

Rental stock available


8,293

Population


23.95%

Rental population


0.48%

Current vacancy rate


29

Rental stock available


11,604

Population


20.05%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Ararat, Ararat

  House Townhouses Units
Median listing price $442,500 NA $330,000
Median price change - last quarter -9.51% NA 8.37%
Median price change - 1 year -0.57% NA 22.67%
Median price change - 2 years 7.92% NA 22.22%
  House Townhouses Units
Median weekly rent $380 NA $335
Median yield % 4.46% NA 5.27%
Median rent change - 1 year 5.55% NA 4.68%
  House Units
Previous month sales 12 1
Stock on market previous month 90 10
Stock variance vs. last year -19.64% 100.00%
Average days on market 165 181

Ararat investment property listings

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