Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors in HOMEBUSH WEST enjoyed capital gains of 12.62% 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 high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $450 mark, reflecting a 3.87% increase in returns based on the current median price in HOMEBUSH WEST.
HOMEBUSH WEST, 2140 ranks 92nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
HOMEBUSH WEST ranks 266th on the list of best yielding suburbs for rental properties in NSW, posting a 3.87% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $604,750 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 8.48% |
| Median 12 month | N/A | 12.62% |
| Median 3 years | N/A | -3.24% |
| Median 5 years | N/A | 5.17% |
| 10 years average annual | N/A | 3.64% |
| Weekly media advert. rent | N/A | $450 |
| Time on Market | N/A | 46.0 days |
| Gross Rental Yield Percent | N/A | 3.87% |
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