Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $160,000 | 0.0% | $70,000 | $340,000 | 89 |
| 2010 | $185,000 | +13.5% | $70,000 | $799,000 | 141 |
| 2011 | $178,500 | -3.6% | $103,000 | $630,000 | 97 |
| 2012 | $165,000 | -8.2% | $75,000 | $415,000 | 118 |
| 2013 | $205,000 | +19.5% | $85,000 | $500,000 | 97 |
| 2014 | $202,000 | -1.5% | $25,000 | $520,000 | 374 |
| 2015 | $215,000 | +6.0% | $83,000 | $600,000 | 121 |
| 2016 | $217,500 | +1.1% | $95,000 | $815,000 | 126 |
| 2017 | $200,000 | -8.8% | $70,000 | $900,000 | 133 |
| 2018 | $206,000 | +2.9% | $94,000 | $488,000 | 172 |
| 2019 | $228,000 | +9.6% | $103,000 | $560,000 | 155 |
| 2020 | $250,000 | +8.8% | $132,500 | $920,000 | 153 |
| 2021 | $320,000 | +21.9% | $120,000 | $975,000 | 183 |
| 2022 | $395,000 | +19.0% | $143,000 | $985,000 | 227 |
| 2023 | $380,000 | -3.9% | $195,000 | $1,105,000 | 145 |
| 2024 | $385,000 | +1.3% | $191,000 | $905,000 | 156 |
Median Sale Price
$385K
Based on 157 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+1.3%
Current Median Price: $385,000
Previous Median Price: $380,000
Based on 302 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $220 | 0.0% | $110 | $1,500 | 117 |
| 2012 | $245 | +10.2% | $115 | $500 | 151 |
| 2013 | $240 | -2.1% | $120 | $600 | 152 |
| 2014 | $255 | +5.9% | $110 | $500 | 165 |
| 2015 | $250 | -2.0% | $140 | $1,000 | 177 |
| 2016 | $260 | +3.8% | $130 | $650 | 136 |
| 2017 | $260 | 0.0% | $140 | $800 | 149 |
| 2018 | $260 | 0.0% | $150 | $700 | 113 |
| 2019 | $295 | +11.9% | $170 | $950 | 159 |
| 2020 | $290 | -1.7% | $180 | $700 | 123 |
| 2021 | $320 | +9.4% | $155 | $550 | 115 |
| 2022 | $350 | +8.6% | $170 | $500 | 148 |
| 2023 | $370 | +5.4% | $185 | $630 | 142 |
| 2024 | $390 | +5.1% | $250 | $660 | 132 |
Median Rent Price
$390
per week
Based on 138 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+6.4%
Current Median Rent: $390
Previous Median Rent: $365
Based on 275 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.3%
Current Median Price: $385,000
Current Median rent: $390
Based on 295 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Ararat
Houses sold in Last 12 months ends 21 Dec 2024
$270K
Median Sale Price
34%
Clearance Rate
1/3
Sold/Reported
$270K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| less than $400 K (Median Price Range) | 1 | |
Similar Suburbs to Ararat 3377
Based on median house sale price sold in last 12 months
Schools closest to Ararat, VIC 3377
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Ararat Secondary College | 4-30 BARKLY STREETArarat 3377 | Secondary | Government | 0.52 km |
| Ararat West Primary School | KNEEBONE STREETArarat 3377 | Primary | Government | 1.01 km |
| Marian College | 304 BARKLY STArarat 3377 | Secondary | Catholic | 0.91 km |
| St Mary's School | MOORE STArarat 3377 | Primary | Catholic | 1.04 km |
| Ararat North Primary School | 66 BLAKE STREETArarat 3377 | Primary | Government | 1.46 km |