OFF MARKET

1 Young Street
Horsham VIC 3400

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Floor area: 123m2
Land area: 2228m2
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Last updated 2 Sep 2024
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Property Details for 1 Young St, Horsham

1 Young St, Horsham is a 7 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 2228m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Floor Size
123m2
Land Size
2228m2
Local Government
Horsham
Lot/Plan
2/LP202044

Last Listing description (July 2024)

Rarely does a block of 3 brick units with this rental return come onto the market. This property returns $760-00 per week or $39,520 per annum. The current owners are reluctantly selling these units, which have provided them a great investment return for years. The front unit, should be classified as a house, as it has a large open plan living area, 3 impressive bedrooms and space for 2 cars in the secure garage. The other 2 units are 2 bedroom units with a carport. Split systems have been installed in each unit for comfort. Other features include large lounge room, good floor coverings, modern open plan kitchens with electric cooking, electric hot water services, built in robes, plus large outdoor yard and carport for each unit. These units have constantly demonstrated an excellent occupancy rate, with long-term tenants. At present we have the front unit listed for rent at $300 per week, with pending applications already from potential tenants. Land area: 2228m2. This is an impressive parcel of land, that is situated in a quiet well established area of town, surrounded by quality properties. There is also so much potential with this property to increase the rental return with a few minor cosmetic renovations. 1/9 Young St Horsham $300 per week. Vacant for Sales Inspections, pending tenant applications2/9 Young St Horsham $210 per week. Long term tenant since 20173/9 Young St Horsham $250 per week. Lease expires 9 June 2023Give me a call if you would like further information. Nola 0418 504 855Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10556/listing/21070091/1523439/uploads%2F1662332306740-e7sli2am2r9-d9693fc89ad7ceb91ef176775c5f0fe1%2FStatement+of+Information+-+1-3_9+Young+Street%2C+Horsham.pdf

Property History for 1 Young St, Horsham, VIC 3400

A timeline of how this property has performed in the market
Last Sold
$237,500
05 Jul 2016
  • 26 Sep 2022
    Listed for Sale Not Disclosed
  • 05 Jul 2016
    Sold for $237,500
  • 11 May 2016
    Listed for Sale $239,950
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About Horsham 3400

The size of Horsham is approximately 23.9 square kilometres. It has 42 parks covering nearly 6.4% of total area. The population of Horsham in 2011 was 14,284 people. By 2016 the population was 14,550 showing a population growth of 1.9% in the area during that time. The predominant age group in Horsham is 20-29 years. Households in Horsham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Horsham work in a professional occupation. In 2011, 66.8% of the homes in Horsham were owner-occupied compared with 66.3% in 2016.

Horsham has 9,427 properties. Over the last 5 years, Houses in Horsham have seen a 63.39% increase in median value, while Units have seen a 56.65% increase. As at 31 July 2024:

  • The median value for Houses in Horsham is $366,356 while the median value for Units is $287,326.
  • Houses have a median rent of $390 while Units have a median rent of $340.
There are currently 96 properties listed for sale, and 33 properties listed for rent in Horsham on OnTheHouse. According to CoreLogic's data, 382 properties were sold in the past 12 months in Horsham.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.