Suburb Profile Report for Horsham VIC (3400)

Horsham House: Median price $257,000, Annual capital growth 4.01%, Number of sales 252, Weekly median advertised rent $270

Horsham Unit: Median price $222,625, Annual capital growth 3.97%, Number of sales 37, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Horsham, 3400 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.09%.

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.

Property buyers and investors in Horsham 3400 should be seeing an average reduction in asking price of around -5.65% . 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 5.46% based on the median price in Suburb

Investment property in Horsham has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.91%

If we look at median property appreciation over just the last three months, Horsham has given property investors a paper return of -2.09%. This puts Suburb as 309 on a list of fastest fasting appreciating suburbs in VIC

Horsham, 3400 is offering VIC ‘s 111th 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.

Metrics i HOUSE UNIT
$257,000 $222,625
2.80% -2.09%
7.09% -7.91%
4.01% 3.97%
$270 $245
252 37
5.46% 5.72%
89.59 74.52

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
Chart Table
Recent sales & rentals