Investment property in Homebush West has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 47.06%
Taking the average capital gain, or increase in median house value, Homebush West,2140 has racked up an average of 47.06% over the period. This ranks it number 24th in the whole country for real estate investors looking at median house price increases.
Homebush West is 1189th on a list of best yielding suburbs for rents in NSW with a 1.73% return
With a capital gain of 0.84% for the last 12 months, Homebush West, 2140 has performed for property investments than its average annual 6.23% property growth over the last 5 years.
Homebush West,2140 has offered an average of 0.84% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Homebush West is giving property investors an average Vendor Discount of around -5.43%. This puts suburb at number 110th in NSW when ranking the most discounted suburbs.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 6.23%.