Suburb Profile Report for Horsham VIC (3400)

Horsham House: Median price $245,000, Annual capital growth 3.81%, Number of sales 274, Weekly median advertised rent $265

Horsham Unit: Median price $233,250, Annual capital growth 3.46%, Number of sales 38, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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%.

HOUSE UNIT
$245,000 $233,250
2.08% -3.52%
4.48% 4.83%
3.81% 3.46%
$265 $240
274 38
5.62% 5.35%
83.96 37.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 14284
Median household income ($/weekly) 903
Median age of persons 39
Median housing loan repayment ($/monthly) 1170
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1745 12.2
    25-34 years 1726 12.1
    35-44 years 1693 11.9
    45-54 years 1812 12.7
    55-64 years 1688 11.8
    Others 5621 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 4990 47.9
    Not Married 4421 42.4
    Defacto Relationship 1006 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 12662 93.4
    Indonesia 81 0.6
    Papua New Guinea 79 0.6
    United Kingdom 205 1.5
    Other 152 1.1
    Others 383 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 64 0.5
    Christianity 9940 75.8
    Hinduism 55 0.4
    Islam 73 0.6
    No Religion 2933 22.4
    Others 42 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 553 10.4
    $400-$599 751 14.1
    $600-$799 700 13.2
    $800-$999 558 10.5
    $1,500-$1,999 655 12.3
    Others 2099 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4156 37.8
    Employed, worked full-time 3986 36.3
    Employed, worked part-time 2125 19.3
    Employed, away from work 433 3.9
    Unemployed, looking for work 288 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 835 12.8
    Professionals 1161 17.7
    Technicians & trades workers 1013 15.5
    Clerical & administrative workers 840 12.8
    Sales 771 11.8
    Others 1926 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 220 8.0
    Infants/Primary 1094 39.6
    Secondary 878 31.8
    Technical or Further Educational Institution 231 8.4
    University or other Tertiary Institutions 274 9.9
    Others 66 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11942 90.0
    Semi-detached, row or terrace house, townhouse 571 4.3
    Flat, unit or apartment 731 5.5
    Caravan, cabin, houseboat 11 0.1
    House or flat attached to a shop, office 18 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2076 36.4
    Being purchased 1851 32.4
    Rented 1741 30.5
    Other tenure type 41 0.7
    Tenure Type
Census 2011, ABS
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