HORSHAM MARKET OVERVIEW


We are pleased to present our latest report compiled by our PRDnationwide research division.


Key Highlights
• In the past 12 months ending February 2012, the median house price increased by 11.3 per cent, to $210,000.
• Over the past ten years, sellers have realised an average capital growth return of 8.4 per cent per annum, through an average holding period of 7.4 years.
• The final vacant land median price recorded for the February 2012 six month period was $100,500, equating to an increase of $53,000 in just three years.
• Due to a lack of prime land potential buyers are assessing established homes as more viable, hence an increase in recent activity in the $300,000 plus price range.


For the full report click here.


For a free appraisal of your property, contact me here.