SOLD
Sold on 03 Jun 2024 for $249,500

4/12 Mclachlan Street
Horsham VIC 3400

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 1353m2
Sold By
Wes Davidson Real Estate Horsham
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Property Details for 4/12 Mclachlan St, Horsham

4/12 Mclachlan St, Horsham is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 1353m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Horsham in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
110m2
Land Size
1353m2
Local Government
Horsham
Lot/Plan
3/RP19377

Last Listing description (July 2024)

This neat two-bedroom unit, located on the second floor of the building, and is conveniently close to Horsham's CBD. It presents an ideal opportunity for investors looking to expand their portfolio.

*Two good-sized bedrooms with built-in robes
*Spacious lounge room and dining area

*Neat kitchen with ample bench space and gas cooking facilities
*Combined bathroom and laundry with a separate toilet
*A separate study/home office located just off the lounge room
*Outside, there is a balcony that overlooks the street.
*Currently rented at $300 per week 
* Zoning: General Residential Zone (GRZ1)
Investors, please note that minimum rental standards now apply in Victoria:

https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties

Property History for 4/12 Mclachlan St, Horsham, VIC 3400

A timeline of how this property has performed in the market
Last Sold
$249,500
03 Jun 2024
Listed for Rent
$240/w
14 Sep 2020
  • 03 Jun 2024
    Sold for $249,500
  • 24 Apr 2024
    Listed for Sale $249,500
  • 14 Sep 2020
    Listed for Rent $240 / week
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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.