Ararat vs Horfield
Property investment comparison - Ararat, VIC 3377 vs Horfield, VIC 3567
Head-to-head across core investment metrics: Ararat wins 1, Horfield wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Ararat | Horfield |
|---|---|---|
| Median house price | $440K | $430K |
| Median unit price | $335K | - |
| Gross rental yield (houses) | 5.20% | - |
| Gross rental yield (units) | - | - |
| 1-year house growth | +13.4% | - |
| 3-year house growth | +12.0% | - |
| Vacancy rate | 1.6% | 2.2% |
| Population | 8,500 | 93 |
Ararat vs Horfield: what the numbers say
The median house price is $440K in Ararat and $430K in Horfield, so Horfield is the cheaper entry point, with Ararat houses about 2% dearer.
Rental vacancy is 1.6% in Ararat and 2.2% in Horfield, so landlords in Ararat face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ararat is the bigger suburb, with a population of 8,500 against 93, roughly 91 times the size of Horfield; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Horfield for a lower purchase price, Ararat for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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