Ararat the slowest Victorian locality to sell units: Investar

Ararat is the slowest locality in Victoria to sell a unit, according to a recent Investar report.

The property data firm says that it takes 849 days in Ararat to sell a unit.

This is followed by Portland with 695 days and Kyabram with 594 days.

A two bedroom unit at 6/27 Basham Street, Ararat (above) has been on the market since 2011.

Another two bedroom unit at 6/130 Lambert Street, Ararat (below) was sold this year for $147,000 after spending 480 days on the market.

Built in 1975, it last sold in 2010 for $145,000.