1/1 Bowen Street, Horsham VIC 3400

2-bed unit, 231sqm block | Horsham’s older demographic | $365/week rent potential | Garage parking included This unit presents a rare configuration advantage in Horsham’s market: a two-bedroom floorplan on a full 231sqm lot with garage parking, which is uncommon for units in this price tier. The property’s strongest buying case is its rental yield potential at $365 per week, notably above the suburb median, making it suitable for an investor seeking positive cash flow or a downsizer wanting single-level living with minimal land maintenance. The NBN and 5G coverage are supporting features for remote workers, though not primary value drivers. The primary risk is the property’s age and lack of recent sale data—last transacted in 2012—which creates valuation uncertainty despite the current estimate range. The 33% population over 60 suggests limited future demand from families, but this also means steady rental demand from retirees. The bushfire and flood clearances are neutral positives. For a buyer, the commercial logic is straightforward: hold for rental income rather than short-term capital growth, given Horsham’s stable but slow appreciation profile.