Ararat has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.26% to date .
Over the longer term, Ararat has seen property prices show investors a 9.32% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Ararat is $220000, with sellers offering an average of -5.51% off the asking price.
Residents and property investors in Ararat have been waiting around 74.7833 days to sell a property.
Over the last year, property investments in Ararat, 3377 have given investors a capital gain of -0.88%. This compares badly with the 6.11% for VIC as a whole.
Sellers are offering property buyers an average discount of -3.76% to buyers in Ararat at the moment, which is less than average for the rest of VIC.