Property investors in HOMEBUSH WEST enjoyed capital gains of 2.46% over the last 12 months translating to lower returns compared with its peers in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in HOMEBUSH WEST are low, as opposed to average gains per annum over the past five years.
HOMEBUSH WEST posted a 13.64% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
Real estate investors could earn a rental income of $490 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $490 mark, reflecting a 4.08% increase in returns based on the current median price in HOMEBUSH WEST.
HOMEBUSH WEST, 2140 ranks 336th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
HOMEBUSH WEST ranks 262nd on the list of best yielding suburbs for rental properties in NSW, posting a 4.08% return.
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