Fraud Blocker

Horsham, VIC 3400

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Horsham, VIC 3400 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Horsham, VIC 3400”

  1. The total adult population (15 years or older) of Horsham 3400 VIC is 12,374, with a median age of 40. Of those, 43.97% are married, 12.95% are divorced or separated, 35.38% are single and 7.67% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $7,024. The median monthly mortgage repayment for households in this suburb is $1,187 which is 16.90% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Victoria, the suburb of Horsham 3400 is home to an estimated 8,836 households. As of Q3 in 2023, typical house prices in Horsham 3400 are $415,952, with median weekly rents standing at $377. These figures produce an indicative yield of 4.71% – favourable for cashflow-centered property investors, noticeably sitting above the attractive market requirement of 3%.

    Horsham’s socio-economic score, or IRSAD, is 938 out of a possible 1,217, suggesting a reasonably high socio-economic status among its residents. The renter to owner ratio sits at 30%, indicating a balanced market that is not oversaturated with rental properties. This could present opportunities for stable returns in the long term.

    The suburb also presents an extremely favourable units to houses ratio of just 9%. A lower ratio such as this often indicates less competition among landlords for tenants helping to maintain higher rental yields. It’s also a sign that the suburb is likely attracting families who generally have longer tenancy periods.

    The affordability index for houses in Horsham is 23 years, well below the 30-year average. This indicator of high affordability makes the area more attractive and accessible for potential homeowners.

    Regarding supply, the stock on the market for houses sits at a favourable low level of 0.41%, just above the minimum 0.4%, but well below the high supply threshold of 1.3%. Similarly, the suburb boasts a low inventory level of just 1.52 months, making it a low supply market that potentially favours sellers.

    As for the building approvals ratio, it is 0.23% suggesting a sluggish supply of new dwellings which can also foster higher property prices due to increased demand and limited supply.

    The average number of ‘for sale’ properties staying active on the market is 29 days, indicating high demand and a fast-moving market, favourable for sellers. The suburb also shows promise with a low vacancy rate of 0.95%, illustrating high demand and limited supply.

    Nevertheless, caution is recommended with the buy search index for houses in Horsham currently standing at 3, on the lower side of demand. This may suggest somewhat limited interest among potential buyers compared to the state or city average.

    In conclusion, even though some areas like the buy search index are suboptimal, most metrics for Horsham present a favourable market for investors considering the yields, supply-demand balance, and affordable property prices. Comprehensive tools such as the RCS developed by HtAG Analytics automate this research, offering a comprehensive analysis using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment