Ararat is a historic goldfields town in the western slopes of the Great Dividing Range — a compact regional community with good train access to Melbourne, a strong agricultural economy, and outstanding yields above 6.5% for budget investors seeking reliable cash-flow portfolios. At the current $300k median house price, an 80% loan at 6.25% over 30 years is about $1,478 per month.
| Median house price | $300,000 |
|---|---|
| Median unit price | $205,000 |
| Estimated monthly repayment | $1,478 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 6.5% |
| Typical days on market | 17 |
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