AREA REPORTS

Homebush

Suburb Profile

Homebush - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2140

house
unit

Property investors enjoyed capital gains of 17.32% over the last 12 months in HOMEBUSH, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in HOMEBUSH are low, as opposed to average gains per annum over the past five years.

The suburb posted a 70.38% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $612.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $612.5 mark, reflecting a 1.19% increase in returns based on the current median price in HOMEBUSH.

HOMEBUSH, 2140 ranks 139th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1176th on the list of best yielding suburbs for rental properties in NSW, posting a 1.19% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,675,000 $650,000
GROWTH REPORT
Median Quarterly 21.59% 0%
Median 12 month 17.32% -2.99%
Median 3 years 70.38% 0.31%
Median 5 years 143.4% 31.05%
10 years average annual 15.1% 5.12%
Weekly media advert. rent $612.5 $550
Time on Market 0.0 days 81.5 days
Gross Rental Yield Percent 1.19% 4.4%
demographics (median values)
Total Population
7014
Weekly Household Income
1112
Household Size
2.80
demographics
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