Ararat the slowest Victorian locality to sell units: Investar

Ararat the slowest Victorian locality to sell units: Investar
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.

Suburb

Postcode

Bedrooms

Days on market

Current median price

Ararat

3377

2

849

$215,000

Portland

3305

2

695

$175,000

Kyabram

3620

2

594

$185,500

Cowes

3922

Studio and 1

581

$235,000

Bairnsdale

3875

3

574

$295,000

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.

Ararat the slowest Victorian locality to sell units: Investar

Tags: 
Investar Ararat

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