Horsham at a glance
15,008
People
$467,500
Median sale
$406/wk
Median rent
4.52%
Suburb gross yield
Median sale from 162 recorded sales (last 12 months) — a Districts calculation.
VIC › Horsham › Alexander Ave
$3,500,000
For sale
Asking
10
Bedrooms
10
Bathrooms
10
Car spaces
2,614 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$3,500,000
Asking · $1,339/m² of land
No recorded sale for this property.
Horsham at a glance
15,008
People
$467,500
Median sale
$406/wk
Median rent
4.52%
Suburb gross yield
Median sale from 162 recorded sales (last 12 months) — a Districts calculation.
Vs Horsham
+648.7%
Median sale
Suburb $467,500
-3.92 pp
Gross yield
Suburb 4.52%
Suburb median $467,500 from 162 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$214,814 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Horsham's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $406/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 0.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Horsham at a glance
15,008
People
$467,500
Median sale
$406/wk
Median rent
4.52%
Suburb gross yield
Median sale from 162 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Horsham Real EstateWhat an excellent opportunity for the astute investor to add to your investment portfolio. Rarely does a block of 10 modern architectually designed units, on one title, with this rental return come onto the market. This property returns $3000.00 per week or $ 156,000.00 per annum.
The current owners are reluctantly selling these units, which have provided them a great investment return for years.
Each unit has 1 bedroom, large open plan living/kitchen/dining area, with individual secure garage. These units have constantly demonstrated an excellent occupancy rate and returns for the owner. Each unit is "as new" and features modern amenities including, stunning kitchen, gas stainless steel freestanding oven, dishwasher, tiled dining area with the convenience of a split system. The bathroom has modern tiles, oversize shower, vanity and toilet. Each low maintenance unit has a private rear courtyard, with a pergola, rainwater tank and low maintenance landscaping plus a secure lock up garage.
These units have constantly demonstrated an excellent occupancy rate, with good long-term tenants.
Land area: 2614 m2. This property is situated in a quiet well established area of town, surrounded by quality properties.
This property won't last long, so please give me a call if you would like further information. Nola 0418 504 855
Residential Tenancy: The Vendor (and Agent) do not in any way make a representation that this property is compliant with the provisions of The Residential Tenancies Amendment Act 2018 (Vic)('the Act') and the Residential Tenancies Regulations 2021 (Vic)('the Regulations'). If the property is to be used as a rental property, the purchaser should make independent enquiries in regards to the suitability of the property and its compliance with the Act & Regulations.
Important links for buyers:
https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/buying-property/inspect-properties-before-you-buy
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Listing description written by Nola Brown, Horsham Real Estate — reproduced as published, not verified by Districts.