Real Estate Horsham Vic 3400

Real Estate Market: Is Horsham VIC 3400 a Good Suburb to Buy Into?

Housing Market in Horsham

Key Horsham Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS North West Vic	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$406	Bottom 3%	158% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Horsham

Horsham Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Horsham

30.5%

North West Vic

35.2%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Development applications	49.9	Top 20%	49% to Jun 2025
Developments	0.6	Bottom 29%	Data for Jul 2023
Housing Stock Quality Indicator	7.2	Top 27%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	31 lots	Top 10%	181% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	41	Top 3%	485% to Feb 2025

Housing Stock Quality in Horsham

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS North West Vic	Trend
Houses	88.7%	Bottom 19%	4% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	4% to Jan 2021
NBN connection: fibreoptic cable to node	65.7%	Top 5%	Data for Jun 2023

Development Restrictions in Horsham

Horsham Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Horsham

27.7%

North West Vic

28.7%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Total area	26.0 sq km	Top 32%	Data for Jan 2021
Heritage overlay total area	0.0 sq km	Top 44%	Data for Jun 2023
Residential density	911 sqm per resident	Bottom 42%	Data for Jan 2021

Risk in Horsham

Horsham Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Horsham

34.3

North West Vic

32.1

Compare
Suburbs

Field	Value	VS North West Vic	Trend
% Owner Occupied	78.8%	Bottom 15%	2% to May 2023
% Rentals	21.2%	Top 15%	9% to May 2023
Housing Affordability Index	24	Bottom 19%	Data for Jun 2023
Median monthly mortgage	$1,310	Bottom 19%	18% to May 2023
Rent Affordability Index (Houses)	84	Top 15%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 17%	Data for Jun 2023
Mortgage as a percent of income	21.1%	Bottom 43%	18% to Jan 2021
Mortgaged Dwellings	35.3%	Bottom 40%	14% to May 2023

Housing Demand in Horsham

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Horsham

47.6%

North West Vic

45.0%

Compare
Suburbs

Field	Value	VS North West Vic	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	17900	Top 26%	5% to Dec 2036
Historical Population (SA3)	59600	Bottom 45%	3% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	20400	Top 42%	11% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Horsham

Horsham Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS North West Vic	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$317	Bottom 3%	88% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	87.7%	Top 21%	20% to Mar 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Horsham

Percent of Renters by Street (100)

Percent of Renters	Street
4.9%	Acacia St
0.0%	Agnew Ct
0.0%	Alan Ct
15.4%	Albert St
33.7%	Alexander Ave

Median House Rental Prices by Street (90)

Level_0	Street	Date	Median rent (per week)
103322	Forsyth Ave	13 Mar 2025	$360
103316	Felstead Ave	13 Mar 2025	$340
103326	Gardenia St	13 Mar 2025	$375
103328	George St	13 Mar 2025	$360
103330	Gillespie St	13 Mar 2025	$450

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$299,000	George St
10 May 2024	$774,500	Firebrace St
10 May 2024	$285,000	Begg St
10 May 2024	$189,500	Wilson St
10 May 2024	$524,500	Urquhart St

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
50.0%	Mintern Cr	very tightly held	Every 20.0 years (very tightly held)	2025
50.0%	Wimmera Rise	very tightly held	Every 20.0 years (very tightly held)	2025
47.0%	Citrus Ave	very tightly held	Every 21.3 years (very tightly held)	2025
63.3%	Mcpherson St	quite tightly held	Every 15.8 years (quite tightly held)	2025
106.1%	Winifred St	high turnover	Every 9.4 years (high turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Windsor Cr	10 May 2024	$475,000
Winifred St	10 May 2024	$225,000
Wilson St	10 May 2024	$219,200
Williams Rd	10 May 2024	$405,000
Watson Ct	10 May 2024	$650,000

Accommodation Options (46)

Headline	Place	Datetime
Australian Relief Management	Smerdon Lodge Motel/ 42 Dimboola Rd
Best Westlander Motor Inn	100 Stawell Rd
Bull & Mouth Hotel	83 Wilson St
Comfort Inn Capital Horsham	109 Firebrace St
Comfort Inn May Park Horsham	2 Darlot St

Realtors (7)

Headline	Place	Datetime
Eternal Treasures	140 Firebrace St
Gerry Smith & Co	54 Hamilton St
Harcourts Horsham	31 Ocallaghans Parade
Preston Rowe Paterson	10 Darlot St
Ray White Horsham	16C Darlot St

Businesses (77)

Name	Address
Grampians Homes	6/8 King Dr, Horsham VIC 3400, Australia
RJ Lee Construction	193 Barnes Blvd, Horsham VIC 3400, Australia
Millers Civil Contractors & Plant Hire	132 Stawell Rd, Horsham VIC 3400, Australia
HGP Civil Pty. Ltd.	155 Stawell Rd, Horsham VIC 3400, Australia
Midbrook	121 Golf Course Rd, Horsham VIC 3400, Australia

Planning Applications: Other (47)

Headline	Place	Date
Use and Development of a Early Learning Facility and Business Identification Signage. - Horsham Rural City Council PA2400797	Lot 1 86 Baillie Street Horsham VIC 3400	28 Feb 2025
Business Signage & alteration to existing pylon sign - Horsham Rural City Council PA2400809	20 Dimboola Road Horsham VIC 3400	17 Feb 2025
Use and Development of Brewery, including Manufacturing, Food and Drink Premises and Sale of Liquor, reduction in carparking and business identification signage - Horsham Rural City Council PA2400799	Lot 1 58C Darlot Street Horsham VIC 3400	05 Feb 2025
Use and Development of Brewery, including Manufacturing, Food and Drink Premises and Sale of Liquor, reduction in carparking and business identification signage - Horsham Rural City Council PA2400799	Lot 1 58C Darlot Street Horsham VIC 3400	05 Feb 2025
Proposed development of a freestanding, digital, major promotion sign - Horsham Rural City Council PA2400811	95a McPherson Street Horsham VIC 3400	09 Jan 2025

Planning Applications: Dwellings (18)

Headline	Place	Date
9-lot subdivision and development of 9 dwellings - Streamlined Planning through Electronic Applications and Referrals S244105J	228 Baillie Street, Horsham VIC 3400	15 Feb 2025
Development of second dwelling (existing dwelling to be removed after new dwelling is complete) - Horsham Rural City Council PA2400796	Lot 93 16 Fechler Avenue Horsham Victoria 3400	26 Nov 2024
2 Lot subdivision and development of a dwelling (two dwellings on a lot) - Horsham Rural City Council PA2400749	Lot 232 5 Dollar Avenue Horsham Vic 3400	31 Oct 2024
2-lot subdivision and development of a dwelling (two dwellings on a lot) - Streamlined Planning through Electronic Applications and Referrals S233092V	5 Dollar Avenue, Horsham VIC 3400	25 Jul 2024
2 Lot Subdivision and Development of Second Dwelling - Horsham Rural City Council PA2300677	Lot 3 3 Palk Street Horsham Vic 3400	29 Feb 2024

Planning Applications: Industrial (3)

Headline	Place	Date
Development of Warehouse (Application to amend permit to allow access to Derry Pde). - Horsham Rural City Council PA2400741-1	Lot 1 87 Stawell Road Horsham Vic 3400	11 Feb 2025
Use and Development of Brewery, including Manufacturing, Food and Drink Premises and Sale of Liquor, reduction in carparking and business identification signage - Horsham Rural City Council PA2400799	Lot 1 58C Darlot Street Horsham VIC 3400	05 Feb 2025
Buildings and Works associated with the Development of Twenty-Three (23) Warehouses, Use and Development of One (1) Food and Drink Premises and One (1) Office, Business Identification Signs, and Reduction of Car Parking Requirements - Horsham Rural City Council PA2300647	Lot A 0 Plumpton Road Horsham Vic 3400	03 Oct 2023

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
59 Major Mitchell Dr	Price Withheld	5.0	3.0	2.0	04 Mar 2025	On Market
2 Knight Pl	Price Withheld	3.0	1.0	1.0	27 Feb 2025	On Market
Unit 1, 1 Begg St	$245,000	2.0	1.0	1.0	27 Feb 2025	On Market
1 Knight Pl	$201,000	3.0	1.0	1.0	24 Feb 2025	On Market
3 Puls Pl	$227,000	3.0	1.0	1.0	20 Feb 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
15 Bodey Ct	$480	3	2	2	11 Mar 2025
43 Waterlink Esp	$690	4	2	2	11 Mar 2025
55 Natimuk Rd	$440	3	1	1	04 Mar 2025
55 Natimuk Rd	$440	3	1	1	04 Mar 2025
42 Stawell Rd	$440	3	1	1	03 Mar 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 4, 6 James St	$360	2.0	1.0	1.0	21 Feb 2025
Unit 4, 6 James St	$360	2.0	1.0	1.0	21 Feb 2025
Unit 3, 254 Baillie St	$320	2.0	1.0	1.0	13 Feb 2025
Unit 3, 254 Baillie St	$320	2.0	1.0	1.0	13 Feb 2025
Unit 3, 254 Baillie St	$320	2.0	1.0	1.0	13 Feb 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 4, 28 Citrus Ave	$245,100	2.0	1.0	1.0	27 Feb 2025	On Market
Unit 4, 28 Citrus Ave	$245,100	2.0	1.0	1.0	27 Feb 2025	On Market
Unit 2, 3 Rose St	$429,500	3.0	1.0	1.0	27 Feb 2025	On Market
Unit 2, 3 Rose St	$429,500	3.0	1.0	1.0	27 Feb 2025	On Market
6 Sanderson St	$429,000	3.0	1.0	1.0	21 Feb 2025	On Market