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Ararat vs Stonyford

Property investment comparison - Ararat, VIC 3377 vs Stonyford, VIC 3260

Head-to-head across core investment metrics: Ararat wins 0, Stonyford wins 3. 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.

MetricAraratStonyford
Median house price$440K$435K
Median unit price$335K-
Gross rental yield (houses)5.20%6.48%
Gross rental yield (units)--
1-year house growth+13.4%-
3-year house growth+12.0%-
Vacancy rate1.6%0.4%
Population8,50065

Ararat vs Stonyford: what the numbers say

The median house price is $440K in Ararat and $435K in Stonyford, so Stonyford is the cheaper entry point, with Ararat houses about 1% dearer.

On cash flow, Stonyford leads: houses there return a gross rental yield of 6.48%, compared with 5.20% in Ararat, a gap of 1.28 percentage points.

Rental vacancy is 0.4% in Stonyford and 1.6% in Ararat, so landlords in Stonyford 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 65, roughly 131 times the size of Stonyford; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Stonyford for rental income, Stonyford for a lower purchase price, Stonyford for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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