Horsham - Whats going on there now?

Normie said:

With strong rental returns and low vacancy rate anyone know why so many people seem to be trying to sell there horsham properties?

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NEW $9.7M FREIGHT HUB A BOOST FOR WIMMERA GRAINS

A new $9.7 million freight hub will be built at Dooen with the help of a $2.2 million grant announced today by the Minister for State and Regional Development, John Brumby.

The proposed Wimmera Regional Intermodal Freight Hub at Dooen, 11km north-east of Horsham on the Adelaide-Melbourne railway line, will replace an ageing terminal at Horsham station.

During a visit to Dooen, Mr Brumby said the grant to Horsham Rural City Council was through the Bracks Government’s Regional Infrastructure Development Fund (RIDF).

He said the Wimmera region was one of Victoria’s key agriculture regions, with extensive dryland cropping, livestock farming and wool production industries.

“This project is the first to be announced as part of the Bracks Government’s $20 million Intermodal Freight Infrastructure Program to promote intermodal freight hubs in provincial Victoria,” Mr Brumby said.

“A competitive transport and distribution industry is vital to ensuring the growth of regional industries and today’s announcement is a strong vote of confidence in the region’s future despite current drought conditions having a significant impact on farmers and the wider community.”

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“The new 23.5 ha freight hub will provide a central location for grain storage facilities and grain export processors, improve access to freight depots, grain silos and processing plants, and build on the region’s nationally significant and export focussed grains industry,” he said.

“Complimentary activities and businesses, including container park facilities, large volume container packing, bulk loading and warehousing facilities could also be established near the hub creating further jobs for the region.

“The hub will be built on a large greenfields site, and will trigger further development of the grains industry by grain-related businesses.”

Mr Brumby said the new facility at Dooen would be able to handle 18,600 containers within five to six years – more than twice the number of containers handled at the existing Horsham facility.

“Based on current volumes, the new freight hub is expected to generate savings for existing customers of up to $52.80 per container,” he said.

“The new hub will also result in reduced handling costs for the terminal operator and for grain producers, relieve demand for storage at the Port of Melbourne with more empty containers returned from Melbourne to be stored on the new site and cutting 11 kilomteres from the rail trip to Melbourne.”

The new freight hub at the site will comprise two 450 metre sidings - four metres apart - on the same side of 450 x 20 metres of reinforced road with the project also including upgrades to roads around the terminal.

Mr Brumby said the RIDF had been very successful in leveraging funds to deliver much-needed infrastructure projects across Victoria, with the provision of freight hubs a major priority.

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Kristine.. said:

G'Day Normie

When you say you have been 'monitoring' does that mean you actually own property in Horsham, live in Horsham, live in surrounding area, or just looking at internet listings from your desk?

Listings and advertisements do not give an accurate indication of a market. Horsham is alive and well and it is business as usual!

Cheers
Kristine

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Horsham retail development offers million-dollar economy boost

BY CASSANDRA DALGLEISH
07 Oct, 2011

A $12-MILLION retail development in Wilson Street, Horsham, could boost the region's economy by more than $22 million.

It could also draw a further $15.5 million to the region each year following completion.

The figures are part of a Wimmera Development Association regional economic model, which calculates the flow-on benefits of developments in the region.

Association project manager Colin Kemp said the model calculated the $22 million based on the association's estimate that about 70 jobs would be created during the construction stage.

Gateway Property Developments, which announced its plans for the development last week, said the centre would create more than 270 jobs during construction.

Mr Kemp said the two groups used different methods to find their figures.

He said 92 jobs would be created after completion of the centre, with flow-on effects creating up to 120 jobs for the region.

The jobs would boost the region's economy by about $15.5 million a year.

Association executive director Jo Bourke said the figures painted a bright picture for the Wimmera.

"It's a large proposal that will generate a lot of activity during development,'' she said.

"When there are developments of this scale there are always a lot of flow-on effects.

"More employment means more people to spend money in the region.''

Mrs Bourke said she expected more businesses to invest in the Wimmera.

"Horsham, as the regional centre for the Wimmera, is set to grow,'' she said.

Business Horsham's Robin Barber said the Wimmera would benefit strongly from the flow-on effects of the development.

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our obsession said:

Yes, there are some nice returns in Horsham, the Jung place may possibly not be LMI postcode/covered though, is a few k's out of Horsham.

Stage Two Works of Horsham Enterprise Estate going ahead, (industrial estate development).

Horsham Rural City Council estimates the stage two project will create more than 100 direct jobs, deliver up to $35 million and 97 indirect jobs..

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THE Wimmera's rental market is enjoying a boom period.
PRD Nationwide Wes Davidson Real Estate principal and managing director Wes Davidson said the rental market in the past six months was as strong as he had ever seen.
"It is the lowest vacancy rate we have seen and some months the rate has been zero, which means there have been no properties available," he said.
"There is more and more pressure being put on the rental market because more people are wanting or choosing to rent.

"Statistics show about 28 per cent of the Australian population rents but at the moment I would think that figure is a bit higher," he said.
Mr Davidson said the group would release a full market report for 2011 next month.

Coller Rathgeber Property Group director Tim Coller said the market was extremely tight.

"There are no immediate trends but we have noticed properties are being released at figures higher than they were previously tenanted for," he said.

"All in all it is very positive for both rentals and sales."

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nbn for horsham

by ted o'connor

29 mar, 2012 12:34 pm


horsham and haven will be hooked up to the national broadband network within the next three years.

Prime minister julia gillard announced this morning that 700,000 premises across victoria would have access to the high speed internet network within the next three years.


Work will start in horsham and haven in december, 2013, and the nbn co have indicated services would become available within 12 months.


No other places in the wimmera have been included in the three-year plan.


Bendigo, shepparton and albury will also gain access to the nbn within the next three years, but warrnambool, hamilton, mildura and swan hill will not.

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CHam said:

I was just having a sticky beak at Horsham as well and am interested to hear your thoughts on this:

http://www.realestate.com.au/property-house-vic-horsham-109070811

Returning about 7% but appears to have been on the market for a while so could be a bit overpriced?

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Horsham and Haven to get high-speed internet

BY TED O'CONNOR

30 Mar, 2012


HORSHAM and Haven will have access to high-speed internet within the next three years.

Prime Minister Julia Gillard announced yesterday that 700,000 premises across Victoria would be hooked up to the National Broadband Network within three years.

Works will start in Horsham and Haven in December 2013, with high-speed internet to be up and running in about a year.

Bendigo, Shepparton and Albury will also gain access to the NBN within the next three years, but Warrnambool, Hamilton, Mildura and Swan Hill are among centres to miss out.

Wimmera Development Association chief executive Jo Bourke said the fibre roll-out was great news for schools, health services and businesses in Horsham.

"Video conferencing opportunities for virtual classes at schools and medical diagnosis will provide huge benefits," she said. "People need to start becoming internet savvy so they can use this technology to its full potential.

"Elderly people particularly need to know their way around the internet, because this network has the potential to save them from having to go to Ballarat and Melbourne for medical appointments."

But the fibre network roll-out plan received mixed reactions across the Wimmera, because Nhill, Dimboola, Warracknabeal, St Arnaud, Donald, Stawell and Ararat and surrounding areas missed out.

They will have to wait until after 2015 for the technology to be delivered.

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HORSHAM will be home to a multi-million-dollar national grains collection centre next year.

The Australian Grains Genebank - to be built at the Horsham Department of Primary Industries site - will house seed samples from Australia and around the world.

The State Government, through the DPI, will invest up to $2.85 million to build glasshouses and other facilities and the Grains Research and Development Corporation will match the funding.

The collection will bring together grain legume, oil seed and tropical and temperate climate cereal collections from other centres across the country.

The centre is due for completion within 12 months.

GRDC chairman Keith Perrett said it was imperative Australia's genetic resources were maintained.

"This is huge for the grains industry, to get all genetic resources in the same place," he said.

"This funding allows us to create a world-class facility that will maintain, protect and conserve our resources for a long time....

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