At number 2504th in the list of Australian suburbs ordered by increase in median house value over the last year, Horsham, 3400 is in the BOTTOM 50% with a property value increase of 2.81% recorded in median house prices.
While Horsham,3400 ranked number 491th in VIC for increase in median house value (annualised) increase, it is ranked 487th over the last 5 years.
Property buyers and investors in Horsham 3400 should be seeing an average reduction in asking price of around -5.71% . This means that Horsham is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $270 mark per week – giving a return of 5.69% based on the median price in Suburb
Horsham is in the bottom 40% in VIC when comparing median price capital growth over the last year. Horsham gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.22%.
Horsham,3400 has offered an average of 0.22% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Horsham is giving property investors an average Vendor Discount of around -5.38%. This puts suburb at number 131th in VIC when ranking the most discounted suburbs.
In the last year 36 properties changed hands in Horsham, which puts it as the 235th most active market in VIC when comparing the number of sales per suburb.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.43%, without taking into account capital value appreciation, which has been averaging out at 2.79%.