Real Estate Ararat Vic 3377

Real Estate Market: Is Ararat VIC 3377 a Good Suburb to Buy Into?

Housing Market in Ararat

Key Ararat Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS North West Vic	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$434	Bottom 23%	226% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Ararat

Ararat Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS North West Vic	Trend
Development applications	70.6	Top 19%	386% to Jun 2025
Developments	0.6	Bottom 30%	Data for Jul 2023
Housing Stock Quality Indicator	6.4	Top 27%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	34 lots	Top 10%	1600% to Jun 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	10	Top 10%	11% to Dec 2025

Housing Stock Quality in Ararat

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
Houses	90.2%	Bottom 21%	1% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	4% to Jan 2021
NBN connection: fibreoptic cable to node	4.0%	Top 18%	Data for Jun 2023

Development Restrictions in Ararat

Ararat Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS North West Vic	Trend
Total area	230.0 sq km	Top 4%	Data for Jan 2021
Heritage overlay total area	1.5 sq km	Top 8%	Data for Jun 2023
Residential density	9210 sqm per resident	Top 17%	Data for Jan 2021

Risk in Ararat

Ararat Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
% Owner Occupied	84.3%	Bottom 25%	0 to May 2023
% Rentals	15.7%	Top 25%	0% to May 2023
Housing Affordability Index	20	Bottom 10%	Data for Jun 2023
Median monthly mortgage	$1,290	Bottom 19%	30% to May 2023
Rent Affordability Index (Houses)	85	Top 14%	Data for Jun 2023
Rent Affordability Index (Units)	82	Top 16%	Data for Jun 2023
Mortgage as a percent of income	20.5%	Bottom 40%	16% to Jan 2021
Mortgaged Dwellings	34.8%	Bottom 39%	17% to May 2023

Housing Demand in Ararat

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS North West Vic	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	8770	Bottom 34%	3% to Dec 2036
Historical Population (SA3)	59600	Bottom 45%	3% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	12200	Bottom 47%	6% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Ararat

Ararat Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS North West Vic	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$322	Bottom 17%	95% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	89.7%	Top 17%	46% to Dec 2025

Median House Rental Prices by Street (27)

Street	Date	Median rent (per week)
Flattely St	06 Dec 2025	$445
Elizabeth St	06 Dec 2025	$470
Kneebone St	06 Dec 2025	$478
King St	06 Dec 2025	$417
Lambert St	06 Dec 2025	$422

Accommodation Options (13)

Headline	Place	Datetime
Ararat Colonial Lodge
Ararat Motor Inn	367 Barkly St
Econo Lodge Statesman Ararat	79 Lambert St
Ray White Ararat	179 Barkly St
Golden Chain Ararat Colonial Lodge Motel	6 Ingor St

Planning Applications: Dwellings (40)

Headline	Place	Date
Partial Demolition of Existing Buildings, Construction of a Building including Alterations and Additions to Existing Building, Change of Use to Accommodation (Residential Hotel) and Alteration of Access to a Transport Road Zone 2 Road and Reduction of Parking Requirements (Amendment to Permit PA3404 - change of building footprint and reduction of carparking) - Ararat Rural City Council PA3404-1	8 Birdwood Avenue Ararat Victoria 3377	17 Sep 2025
Construct 6 warehouse units, carparking dispensation [8 places], and 6-lot subdivision - Ararat Rural City Council PA3514	15 Wilson Street Ararat Vic 3377	27 Aug 2025
Construction of three dwellings and three lot staged subdivision - Ararat Rural City Council PA3485	89 George Road Ararat VIC 3377	22 May 2025
Development of 6 Dwellings, 6 Lot Subdivision and Reduction of one Visitor Car Parking space - Ararat Rural City Council PA3480	22 - 24 Churchill Avenue Ararat Vic 3377	02 Apr 2025
9 Lot Subdivision and development of 9 dwellings - Ararat Rural City Council PA3441	16A Coad Street Ararat Vic 3377	11 Feb 2025

Planning Applications: Industrial (3)

Headline	Place	Date
Construct 6 warehouse units, carparking dispensation [8 places], and 6-lot subdivision - Ararat Rural City Council PA3514	15 Wilson Street Ararat Vic 3377	27 Aug 2025
Placement of fill to level the site for future Industrial use - Ararat Rural City Council PA3411	31 Queen Street South Ararat VIC 3377	19 Jul 2024
The proposal is for the construction of a new Cold store Warehouse for the storage and shipping of meat cartons on pallets - Ararat Rural City Council PA3395	343 Nott Road Ararat VIC 3377	02 Jun 2024

Planning Applications: Other (31)

Headline	Place	Date
Amendment to Existing Planning permit (PA3126) to extend existing Medical Centre and partial car parking waiver - Ararat Rural City Council PA3126-1	54 Girdlestone Street Ararat Victoria 3377	14 Jan 2025
Extension to an existing carwash and creation of an access onto the Transport Zone 2 - Ararat Rural City Council PA3452	309 Barkly Street Ararat VIC 3377	02 Oct 2024
Use of land for a Display Home Centre and reduction in car parking requirements - Ararat Rural City Council PA3423	57 McNeill Street Ararat VIC 3377	01 Aug 2024
Partial Demolition of Existing Buildings, Construction of a Building including Alterations and Additions to Existing Building, Change of Use to Accommodation (Residential Hotel) and Liquor License, Alteration of Access to to a Transport Road Zone 2 Road and Reduction of Parking Requirements - Ararat Rural City Council PA3404	8 Birdwood Avenue Ararat Victoria 3377	13 Jun 2024
Buildings and works to the front facade and red line increase (on footpath) - Ararat Rural City Council PA3358	84-86 Barkly Street Ararat VIC 3377	07 May 2024

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
113 Tatyoon Rd	$515,000	3.0	1.0	4.0	05 Dec 2025	On Market
24 Mcgibbony St	$292,000	2.0	1.0	2.0	04 Dec 2025	On Market
14 Montgomery St	$285,000	2.0	1.0	1.0	02 Dec 2025	On Market
14 Montgomery St	$285,000	2.0	1.0		02 Dec 2025	On Market
69 Rundell St	$520,000	4.0	1.0	4.0	02 Dec 2025	On Market

LGA Details (1)

Headline	Place	Datetime
Local government area	Ararat

Median Unit Sale Prices by Street (8)

Date	Median sale value	Street
06 Dec 2025	$579,500	Barkly St
06 Dec 2025	$459,600	George Rd
06 Dec 2025	$261,100	Grano St
06 Dec 2025	$206,500	King St
06 Dec 2025	$371,000	Kneale St

Percent of Renters by Street (100)

Percent of Renters	Street
60.0%	Bailey Ln
0.0%	Annys Ln
100.0%	Aradale Ave
6.3%	Acacia Ave
47.3%	Albert St

Median House Sale Prices by Street (47)

Street	Date	Median sale value
Albert St	06 Dec 2025	$482,300
Baird St	06 Dec 2025	$270,600
Banfield St	06 Dec 2025	$337,600
Barkly St	06 Dec 2025	$535,900
Bell St	06 Dec 2025	$728,300

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
83.8%	Elizabeth St	average turnover	Every 11.9 years (average turnover)	2025
180.0%	Steven Cr	very high turnover	Every 5.6 years (very high turnover)	2025
113.5%	Beveridge St	very high turnover	Every 8.8 years (very high turnover)	2025
88.1%	Moore St	high turnover	Every 11.4 years (high turnover)	2025
111.1%	Wilmot St	very high turnover	Every 9.0 years (very high turnover)	2025

Businesses (77)

Name	Address
Ray White Ararat	179, Barkly St
KHS Contract	110, Elizabeth St
KHS Contract	110, Elizabeth St
Alan Woods & Son trading as Ararat Concrete Pty Ltd
Alan Woods & Son trading as Ararat Concrete Pty Ltd

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 4, 9 Scherger Cr	$340	2.0	1.0	1.0	25 Nov 2025
Unit 4, 9 Scherger Cr	$340	2.0	1.0	1.0	25 Nov 2025
Unit 4, 9 Scherger Cr	$340	2.0	1.0	1.0	25 Nov 2025
Unit 4, 9 Scherger Cr	$340	2.0	1.0	1.0	25 Nov 2025
Unit 4, 9 Scherger Cr	$340	2.0	1.0	1.0	25 Nov 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
58 Albert St	$450	3	2	2	03 Dec 2025
12 Vincent St	$410	3	1	3	03 Dec 2025
58 Albert St	$450	3	2	2	03 Dec 2025
11 Redgum Dr	$480	4	2	4	02 Dec 2025
11 Redgum Dr	$480	4	2	4	02 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
2a Kneebone St	$421,000	3.0	2.0	1.0	11 Nov 2025	On Market
2a Kneebone St	Price Withheld	3.0	2.0	1.0	11 Nov 2025	On Market
2a Kneebone St	$421,000	3.0	2.0	1.0	11 Nov 2025	On Market
2a Kneebone St	$421,000	3.0	2.0	1.0	11 Nov 2025	On Market
2a Kneebone St	Price Withheld	3.0	2.0	1.0	11 Nov 2025	On Market

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