Thinking about buying in Ararat? Now could not be a better time, with 4937 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $404,000 with prices in this suburb ranging from $59,000 to $2,239,000. The aproximate distance to the coast is 123 Km.

Ararat Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Ararat driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ararat due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Ararat leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Ararat to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Ararat the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Ararat

	128 high st, ararat, vic, 3377	3	1	2	$272,000 - $299,000
	22 elizabeth st, ararat, vic, 3377	3	2	4	$495,000 - $520,000
	65 girdlestone st, ararat, vic, 3377	3	1	1	$320,000 - $330,000
	unit 1, 16 queen st, ararat, vic, 3377	5	1	2	$560,000 - $595,000
	8 clarke st, ararat, vic, 3377	3	1	1	$369,000
	49 lambert st, ararat, vic, 3377	4	2	3	$660,000
	31 churchill av, ararat, vic, 3377	4	1	1	$395,000
	32 mcneill st, ararat, vic, 3377	4	2	2	$570,000 - $590,000
	unit 5, 41 grano st, ararat, vic, 3377	2	1	1	$199,000 - $215,000
	4 bell st, ararat, vic, 3377	6	2	2	$598,000
	44 barkly st, ararat, vic, 3377	5	2	4	$500,000 - $550,000
	10 webb st, ararat, vic, 3377				$159,900
	20 munro ct, ararat, vic, 3377	5	2	2
	27 wild st, ararat, vic, 3377	4	2	2	$549,000
	unit 5, 48 king st, ararat, vic, 3377	2	1		$210,000 - $230,000
	81 campbell st, ararat, vic, 3377	4	1	2	330000
	127 high st, ararat, vic, 3377	4	1	1	380000
	99 moore st, ararat, vic, 3377	2	1	2	300000
	77 rundell st, ararat, vic, 3377	3	2	5	420000
	105 grano st, ararat, vic, 3377	4	2	2	595598
	17 tuson st, ararat, vic, 3377	3	1	0	295000
	35 benbow st, ararat, vic, 3377	3	1	1	275000
	30 elizabeth st, ararat, vic, 3377	4	2	5	620000
	22 carey st, ararat, vic, 3377	2	1	1	200000
	73 elizabeth st, ararat, vic, 3377	4	1	6	599000
	100 banfield st, ararat, vic, 3377	2	1	0	239000
	1 gossip av, ararat, vic, 3377	4	2	2	390000

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General Points of Interest

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