With a capital gain of 3.65% for the last 12 months, Horsham, 3400 has performed for property investments than its average annual 3.79% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Horsham has given property investors a paper return of -0.48%. This puts Suburb as 569 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Horsham should be aiming for at least -5.45% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 252 properties changed hands in Horsham, which puts it as the 80th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3180 per annum or $265 every week.
If you compare the increase in value of investment property in Horsham, 3400 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.96%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Horsham has increased when compared to the 5 year average annual rate.
Horsham, 3400 is offering VIC ‘s 110th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Property investors should expect to get $240 weekly from the median priced house in this suburb.