OFF MARKET

13 Dooen Road
Horsham VIC 3400

Bedrooms: 2
Bathrooms: 10
Car spaces: 10
Land area: 3456m2
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Property Details for 13 Dooen Rd, Horsham

13 Dooen Rd, Horsham is a 2 bedroom, 10 bathroom Unit with 10 parking spaces. The property has a land size of 3456m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Land Size
3456m2
Local Government
Horsham
Lot/Plan
1/TP516736

Last Listing description (July 2021)

Investment opportunity with a gross return of approx. $104,000 per year. ( 8.6% Gross Return ) $200per unit, per week.
These weatherboard/cement block construction units are located in a prime position in the popular Dooen Road Area, close to the Hospital, Churches, CBD area and Dooen Rd convenience store.
The units have a single carport parking space , refrigerated cooling, gas heating and electric upright cookers.

Several units have had a fresh coat of paint, new floor coverings/ Curtains, updated stoves and new air conditioners.
All units are very sound & generally in VGC with regular maintenance done. Some units would benefit from a coat of paint externally, and will only add to the value and appeal. The opportunity exists for a new owner should they wish to renovate the units one at a time to achieve higher rental returns and provide some possible tax deductions.
The title is one block of approx. 3180 m2.
All units have their own electricity & mains gas meters.
Council rates are approx. $1136 per unit.
Water/Sewerage rates approx $980 per unit.
The units have regularly maintained a 100% occupancy rate.
Blocks of units of this size are rare, if you are interested please call Jock on 0418815770 for further information.

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Property History for 13 Dooen Rd, Horsham, VIC 3400

A timeline of how this property has performed in the market
Last Sold
$1,165,000
03 Jun 2021
  • 03 Jun 2021
    Sold for $1,165,000
  • 05 Mar 2021
    Listed for Sale 10 Units for $1,200,000
  • 06 Jul 2020
    Listed for Rent - Price not available
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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 9,421 properties. Over the last 5 years, Houses in Horsham have seen a 59.15% increase in median value, while Units have seen a 47.15% increase. As at 31 October 2024:

  • The median value for Houses in Horsham is $364,865 while the median value for Units is $306,869.
  • Houses have a median rent of $395 while Units have a median rent of $340.
There are currently 101 properties listed for sale, and 38 properties listed for rent in Horsham on OnTheHouse. According to CoreLogic's data, 379 properties were sold in the past 12 months in Horsham.

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