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Horsham vs Mincha West

Property investment comparison - Horsham, VIC 3400 vs Mincha West, VIC 3568

Head-to-head across core investment metrics: Horsham wins 3, Mincha West wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricHorshamMincha West
Median house price$475K$480K
Median unit price$400K-
Gross rental yield (houses)5.00%4.23%
Gross rental yield (units)5.10%-
1-year house growth+18.1%-
3-year house growth+17.5%-
Vacancy rate0.1%3.1%
Population15,13416

Horsham vs Mincha West: what the numbers say

The median house price is $475K in Horsham and $480K in Mincha West, so Horsham is the cheaper entry point, with Mincha West houses about 1% dearer.

On cash flow, Horsham leads: houses there return a gross rental yield of 5.00%, compared with 4.23% in Mincha West, a gap of 0.77 percentage points.

Rental vacancy is 0.1% in Horsham and 3.1% in Mincha West, so landlords in Horsham face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Horsham is the bigger suburb, with a population of 15,134 against 16, roughly 946 times the size of Mincha West; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Horsham for rental income, Horsham for a lower purchase price, Horsham for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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