Suburb Profile Report for Horsham VIC (3400)

Horsham House: Median price $255,000, Annual capital growth 3.79%, Number of sales 281, Weekly median advertised rent $285

Horsham Unit: Median price $225,000, Annual capital growth 2.74%, Number of sales 43, Weekly median advertised rent $250

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Horsham is an average performer in VIC when comparing median price capital growth over the last year. Horsham gave property investors a average capital gain figure when compared to the rest of the state, with -3.77%.

A 13.59% growth in median value for property investors in Horsham,3400 puts this suburb at number 258th in terms of best performing suburbs in VIC

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Horsham itself are offering an average vendor discount of -5.63% to real estate investors.

In the last year 281 properties changed hands in Horsham, which puts it as the 42th most active market in VIC when comparing the number of sales per suburb.

Horsham, 3400 ranked 303th in VIC when comparing growth in median property values or capital gain over the last 12 months. Horsham is one of 2099 in our list for VIC

Over the longer term, Horsham has seen property prices show investors a -2.81% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Horsham are currently offering property investors an average price cut of -3.54% below the asking price at the moment.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$255,000 $225,000
0.00% -0.55%
-3.77% -12.28%
3.79% 2.74%
$285 $250
281 43
5.81% 5.78%
74.7089201877934 77.3870967741936

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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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