Auction Times
Tue 23 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 20 Banfield Street 3 1 1 House | 6:00 PM Tue 23rd Apr | Ray White |
 | 22 Fairway Drive 4 2 4 House | 6:00 PM Tue 23rd Apr | Ray White |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $485,000 | 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 | $345,000 | -10.1% | $215,000 | $765,000 | 37 |
Median Sale Price
$385K
Based on 145 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+0.3%
Current Median Price: $385,000
Previous Median Price: $384,000
Based on 352 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $310 | +6.5% | $155 | $550 | 115 |
| 2022 | $350 | +11.4% | $170 | $500 | 148 |
| 2023 | $360 | +2.8% | $185 | $600 | 142 |
| 2024 | $370 | +2.7% | $270 | $660 | 44 |
Median Rent Price
$370
per week
Based on 137 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+5.4%
Current Median Rent: $370
Previous Median Rent: $350
Based on 298 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $385,000
Current Median rent: $370
Based on 282 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Ararat
Houses sold in Last 12 months ends 13 Apr 2024
$392K
Median Sale Price
100%
Clearance Rate
21/21
Sold/Reported
$740K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K | 2 | |
| $400 K - $600 K | 7 | |
| less than $400 K (Median Price Range) | 12 | |
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 |