Investment property in Homebush West has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.50%
If we look at median property appreciation over just the last three months, Homebush West has given property investors a paper return of 0.82%. This puts Suburb as 330 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.13% offered to property buyers. Sellers in Homebush West itself are offering an average vendor discount of -3.59% to real estate investors.
With the median price for a house in Homebush West being $615000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 4.14%