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.
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