If you compare the increase in value of investment property in Homebush, 2140 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.12%.
If we look at median property appreciation over just the last three months, Homebush has given property investors a paper return of 0.05%. This puts Suburb as 819 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Homebush should be aiming for at least -4.40% off the asking price, which is the average vendor discount being achieved at the moment.
Homebush, 2140’s gross rental yield is 1.56%
Over the last year, property investments in Homebush, 2140 have given investors a capital gain of 1.09%. This compares badly with the 6.59% for NSW as a whole.
Over the longer term, Homebush has seen property prices show investors a 29.92% return over the last 3 years. This is worse than over the last 12 months
Homebush2140 is located in NSW which offers an average discount of -4.48% to property investors. Homebush itself is showing figures that indicate -3.96% is the average achievable by property buyers investing in the suburb.
In the last year 172 properties changed hands in Homebush, which puts it as the 70th most active market in NSW when comparing the number of sales per suburb.