Property to regain momentum following health crisis
Strong property price growth before the outbreak of COVID-19 gives investors a snapshot of what market conditions will be like once the pand...
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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.
Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $500 mark, reflecting a 4.79% increase in returns based on the current median price in HOMEBUSH WEST.
HOMEBUSH WEST, 2140 ranks 427th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
HOMEBUSH WEST ranks 104th on the list of best yielding suburbs for rental properties in NSW, posting a 4.79% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $542,500 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -1.36% |
| Median 12 month | N/A | -11.79% |
| Median 3 years | N/A | -9.58% |
| Median 5 years | N/A | 0.18% |
| 10 years average annual | N/A | 5.14% |
| Weekly media advert. rent | N/A | $500 |
| Time on Market | N/A | 79.0 days |
| Gross Rental Yield Percent | N/A | 4.79% |
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