Real Estate Ararat, VIC, 3351
Thinking about buying in Ararat? Now could not be a better time, with a whopping 6734 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $938,000 with prices in this suburb ranging from $204,000 to $1,431,000.
Distance to the coast is 85 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. The slightly lower than average earnings from occupations in Ararat changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. 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.
About
Household makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M | 1.00 |
Typical Property Prices
| 3 Bed | $350,000 |
Housing Stock
Properties for sale Ararat
Local Schools
Moyston Primary School
Pomonal Primary School
Maroona Primary School
Western Cape College
Buangor Primary School
Willaura Primary School
Lake Bolac College
Ararat Primary School
Ararat West Primary School
Ararat North Primary School
Ararat Secondary College
Marian College
St Mary's School
(While the above schools are located with the suburb of Ararat there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Ararat weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.8 | 12.2 | 25.3 | 32.9 | 81.1 | 5.5 | 26.1 |
| Feb | 1.4 | 12.0 | 23.9 | 39.1 | 84.4 | 5.3 | 21.8 |
| Mar | 1.6 | 9.9 | 20.1 | 47.3 | 87.9 | 5.4 | 17.0 |
| Apr | 1.5 | 8.3 | 16.1 | 54.5 | 88.1 | 4.8 | 12.6 |
| May | 2.7 | 5.5 | 11.2 | 70.6 | 94.3 | 5.3 | 8.1 |
| Jun | 2.6 | 3.7 | 8.3 | 80.7 | 97.3 | 5.1 | 6.7 |
| Jul | 2.9 | 2.7 | 7.3 | 83.4 | 98.0 | 5.4 | 6.7 |
| Aug | 2.4 | 2.7 | 8.7 | 73.8 | 96.4 | 5.3 | 10.1 |
| Sept | 2.4 | 4.2 | 12.0 | 61.4 | 93.8 | 5.6 | 14.4 |
| Oct | 1.8 | 6.1 | 16.0 | 50.7 | 89.6 | 5.6 | 19.8 |
| Nov | 1.8 | 7.7 | 18.8 | 44.8 | 89.2 | 5.5 | 23.3 |
| Dec | 1.3 | 10.2 | 22.6 | 36.2 | 82.8 | 5.4 | 26.6 |
source: Australian Government Bureau of Meteorology
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