Ararat Rural City, VIC

Ararat Rural City is a local government area in western Victoria, Australia. It is 4,211 square kilometres in size. Ararat, Armstrong, Dunneworthy, Lake Bolac, Moyston, Pomonal, Streatham, Tatyoon, Wickliffe, and Willaura are all included in one municipality.

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It was established in 1994 when the City of Ararat, the Shire of Ararat, and portions of the Shires of Mortlake and Stawell merged.
The Ararat Rural City Council governs and administers the city; the council’s seat of government and administrative centre is situated in the council offices in Ararat. The Rural City is named after Ararat, the LGA’s primary urban town.

Managers (18.4%), Labourers (16.9%), Community and Personal Service Workers (15.8%), Professionals (13.2%), and Technicians and Trades Workers (11.8%) are the most prevalent professions in Ararat.

In Ararat, the typical weekly personal income for individuals aged 15 and over is $556.

In Ararat, 92.8 % of inhabited private homes are detached houses, 2.8 % are semi-detached, row or terrace houses, townhouses, or similar structures, 2.6 % are flats or apartments, and 1.2 % are other structures.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Ararat Rural City, VIC

What other property markets are there near Ararat Rural City, VIC?

Ararat Rural City is surrounded by 4 other council areas – Northern Grampians, Pyrenees, Southern Grampians, Corangamite, Moyne.

Suburbs/localities in this Local Government Area: Great Western 3374, Ballyrogan 3375, Lake Bolac 3351, Langi Logan 3377, Mafeking 3379, Maroona 3377, Mininera 3351, Bayindeen 3375, Mount Cole 3377, Mount Cole Creek 3377, Moyston 3377, Narrapumelap South 3293, Norval 3377, Pomonal 3381, Rhymney 3377, Rocky Point 3377, Rossbridge 3377, Stavely 3379, Tatyoon 3378, Warrak 3377, Westmere 3351, Wickliffe 3379, Willaura 3379, Willaura North 3379, Yalla-Y-Poora 3378, Bornes Hill 3379, Cathcart 3377, Ararat 3377, Armstrong 3377, Denicull Creek 3377, Dobie 3377

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