SOLD
Sold on 20 Mar 2024 for $450,000

5/15 River Road
Horsham VIC 3400

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 398m2
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Wes Davidson Real Estate Horsham
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Property Details for 5/15 River Rd, Horsham

5/15 River Rd, Horsham is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 398m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Horsham in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
138m2
Land Size
398m2
Local Government
Horsham
Lot/Plan
6/PS716430

Last Listing description (April 2024)

Located in Southbank close to the Wimmera River and its walking tracks, this well designed unit is a perfect option for investors or retirees wanting to downsize.

*Modern kitchen with stainless steel appliances
*Open plan kitchen living and dining area

*Master bedroom with a walk in robe and ensuite, the remaining two bedrooms feature built in robes
*Central family bathroom with a separate toilet
*Evaporative cooling and gas ducted heating for year round comfort
*Outside there is an undercover entertaining area, a low maintenance yard with side access and a double garage
*Currently rented at $370 per week
* Land size: Approx. 398sqm (Source: PriceFinder)
* 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

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Property History for 5/15 River Rd, Horsham, VIC 3400

A timeline of how this property has performed in the market
Last Sold
$450,000
20 Mar 2024
Listed for Rent
$360/w
30 Apr 2020
  • 20 Mar 2024
    Sold for $450,000
  • 28 Feb 2024
    Listed for Sale $469,000
  • 30 Apr 2020
    Listed for Rent $360 / 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 9,426 properties. Over the last 5 years, Houses in Horsham have seen a 55.78% increase in median value, while Units have seen a 63.53% increase. As at 30 September 2024:

  • The median value for Houses in Horsham is $362,944 while the median value for Units is $315,193.
  • Houses have a median rent of $393 while Units have a median rent of $340.
There are currently 99 properties listed for sale, and 34 properties listed for rent in Horsham on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Horsham.

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