36 Mathoura Street, Horsham VIC 3400
36 Mathoura Street, Horsham VIC 3400
3-bed house on 739mยฒ | bushfire overlay present | school-zoned pocket | priced above automated estimates
This property offers a competitively rare combination of a 739mยฒ land parcel with a renovated bathroom and a large backyard in a school-zoned residential pocket. The 34% building coverage leaves room for future extensions or landscaping, and the property is presented as move-in ready, making it well-suited for first-home buyers or investors seeking immediate rental income. The location within walking distance to Horsham West and Haven Primary School adds practical appeal for families.
The bushfire overlay is a specific risk that may affect insurance costs and future development approvals, and the asking price sits above automated value estimates around $414kโ$420k, suggesting a negotiation opportunity. The property last sold in 1997, so no recent comparable sales are available on the street, which introduces some pricing uncertainty. However, the strong owner-occupier mix at 85% and low days on market at 22 indicate stable demand in the area, supporting the property’s long-term value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 36 Mathoura Street, Horsham VIC 3400
Market Insight:
Horsham is positioned as the accessible commercial hub for the Wimmera region, attracting steady demand. This demand is driven by singles and older outright owners, creating a stable, owner-occupied market. Recent conditions show strong price momentum for houses, with units experiencing more variable performance. Future growth is anchored by its regional centrality, though affordability pressures and moderate sales supply present key constraints to watch.