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 2.08%.
Over the longer term, Horsham has seen property prices show investors a 13.95% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Horsham, 3400. Typically our figures indicate that -5.50% is being offered, which puts this VIC suburb at 2220th most discounted overall in Australia.
Advertised rents are around the $270 mark per week – giving a return of 5.73% based on the median price in Suburb
With a capital gain of 5.66% for the last 12 months, Horsham, 3400 has performed for property investments than its average annual 3.59% property growth over the last 5 years.
Over the longer term, Horsham has seen property prices show investors a 33.98% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Horsham is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 227th in terms of most discounted suburbs in VIC
With the median price for a house in Horsham being $242500 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.15%