4 Burgess StreetHorsham VIC 3400
Property Details for 4 Burgess St, Horsham
4 Burgess St, Horsham is a 1 bedroom, 1 bathroom Unit with 4 parking spaces. The property has a land size of 254m2.
Last Listing description (June 2024)
These well located 4 x 1 bedroom units on a large 1071m2 allotment have hit the market. Two of the four units have secure leases until August 2024, whilst another two are periodic. All units returning $190 each, totalling $760 per week, or a gross amount of $39,520 per annum. ( 6.7% ) Within walking distance to the CBD, Tafe and College, this property is the ideal set and forget investment opportunity. Affordable rent, high occupancy rates and the scope to increase rental return are all important factors when considering an investment property.
They all have the same floorplan, 1 bedroom with BIR's, combined bathroom/laundry with a shower recess and separate toilet with doorway to rear yard. The kitchen has an electric stove and lounge is carpeting with extra storage cupboards. All have updated fuse boxes and ref reverse cycle air-conditioning units.
Property History for 4 Burgess St, Horsham, VIC 3400
- 01 Sep 2023Listed for Sale $569,000
- 10 Feb 2018Listed for Sale $355,000
- 29 Aug 2017Listed for Sale $355,000
Recent sales nearby
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About Horsham 3400
The size of Horsham is approximately 23.9 square kilometres. There are 42 parks, covering nearly 6.4% of the total area. The population of Horsham in 2016 was 14543 people. By 2021 the population was 15134 showing a population growth of 4.1% 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 2021, 66.80% of the homes in Horsham were owner-occupied compared with 66.30% in 2016.
Horsham has 9,517 properties. Over the last 5 years, Houses in Horsham have seen a 55.02% increase in median value, while Units have seen a 61.32% increase. As at 31 May 2026:
- The median value for Houses in Horsham is $471,368 while the median value for Units is $375,195.
- Houses have a median rent of $450 while Units have a median rent of $360.
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