Ararat is an average performer in VIC when comparing median price capital growth over the last year. Ararat gave property investors a average capital gain figure when compared to the rest of the state, with 5.75%.
Taking the average capital gain, or increase in median house value, Ararat,3377 has racked up an average of 5.75% over the period. This ranks it number 1149th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Ararat is giving property investors an average Vendor Discount of around -4.40%. This puts suburb at number 189th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Ararat the average time real estate has been on the market is 82.0189 days.
Ararat, 3377’s gross rental yield is 6.56%
Giving property investors a an unimpressive capital gain of -1.10% for the last year, Ararat, 3377 is the 1031th highest performer in Australia in this respect.
Across a shorter period, Ararat, 3377 has seen a median price increase of -2.66% over the last quarter.
Residents and property investors in Ararat have been waiting around 107.091 days to sell a property.