Property value increases in Horsham have tracked just lower than the VIC average of 7.80% over the last 12 months.
If we look at median property appreciation over just the last three months, Horsham has given property investors a paper return of 2.08%. This puts Suburb as 255 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Horsham should be aiming for at least -5.56% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 274 properties changed hands in Horsham, which puts it as the 68th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Horsham, 3400 is in the Horsham local government area.
With a capital gain of 4.83% for the last 12 months, Horsham, 3400 has performed for property investments than its average annual 3.46% property growth over the last 5 years.
A 20.23% growth in median value for property investors in Horsham,3400 puts this suburb at number 306th in terms of best performing suburbs in VIC
Horsham3400 is located in VIC which offers an average discount of -5.22% to property investors. Horsham itself is showing figures that indicate -2.97% is the average achievable by property buyers investing in the suburb.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.35%, without taking into account capital value appreciation, which has been averaging out at 3.46%.