Horsham is a well-established suburb in Victoria within the Horsham local government area (postcode 3400). With a population of 15,134, the suburb has an established demographic with a median age of 40. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Horsham is $383,000, having declined 4.4% over the past year. Units have a median price of $348,000 (+5.3% YoY). The current median weekly rent is $360. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,187.
Horsham is served by 6 schools, including 3 primary, 2 secondary, 1 special. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 2 rail stations, 116 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Horsham LGA is higher than average at 12,947 incidents per 100,000 population.
From an investment perspective, Horsham offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($383K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -4.4% year-on-year.
Horsham is a well-established suburb in Victoria within the Horsham local government area (postcode 3400). With a population of 15,134, the suburb has an established demographic with a median age of 40. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Horsham is $383,000, having declined 4.4% over the past year. Units have a median price of $348,000 (+5.3% YoY). The current median weekly rent is $360. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,187.
Horsham is served by 6 schools, including 3 primary, 2 secondary, 1 special. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 2 rail stations, 116 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Horsham LGA is higher than average at 12,947 incidents per 100,000 population.
From an investment perspective, Horsham offers a gross rental yield of 4.9%, rated as moderate yield. Property prices sit below the state median ($383K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -4.4% year-on-year.