At number 202th in the list of Australian suburbs ordered by increase in median house value over the last year, Homebush West, 2140 is in the top 10% with a property value increase of 23.35% recorded in median house prices.
Over the longer term, Homebush West has seen property prices show investors a 64.22% return over the last 3 years. This is worse than over the last 12 months
In the last year 14 properties changed hands in Homebush West, which puts it as the 1313th most active market in NSW when comparing the number of sales per suburb.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 1.84%, without taking into account capital value appreciation, which has been averaging out at 21.67%.
Property investors who have had real estate in Homebush West, 2140 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.25%
Taking the average capital gain, or increase in median house value, Homebush West,2140 has racked up an average of 1.25% over the period. This ranks it number 391th in the whole country for real estate investors looking at median house price increases.
At number 109th of NSW’s most discounted properties, Homebush West is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Homebush West have been waiting around 56.13 days to sell a property.