Suburb Profile Report for Homebush NSW (2140)

Homebush House: Median price $2,200,000, Annual capital growth 14.35%, Number of sales 38, Weekly median advertised rent $600

Homebush Unit: Median price $650,000, Annual capital growth 6.64%, Number of sales 182, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 8.26% which means that Homebush, 2140 has done well for property investors by showing a capital gain of 15.79% over the last year

While Homebush,2140 ranked number 169th in NSW for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.

A $600 per week rent on the median house gives suburb investors a gross yield of circa 1.42%, without taking into account capital value appreciation, which has been averaging out at 14.35%.

Giving property investors a an average capital gain of 1.56% for the last year, Homebush, 2140 is the 952th highest performer in Australia in this respect.

Homebush,2140 has offered an average of 1.56% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Homebush is giving property investors an average Vendor Discount of around -3.88%. This puts suburb at number 265th in NSW when ranking the most discounted suburbs.

At number 580 in a list of fastest selling suburbs, Homebush is in the TOP 40% of suburbs in Australia with an average of days on market 68.64 for properties listed there.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.40%, without taking into account capital value appreciation, which has been averaging out at 6.64%.

Metrics i HOUSE UNIT
$2,200,000 $650,000
7.32% 0.00%
15.79% 1.56%
14.35% 6.64%
$600 $550
38 182
1.42% 4.40%
N/A 68.64

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6195
Median household income ($/weekly) 1458
Median age of persons 30
Median housing loan repayment ($/monthly) 2300
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 638 10.3
    20-24 years 663 10.7
    25-34 years 1567 25.3
    35-44 years 835 13.5
    45-54 years 783 12.6
    Others 1709 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 2175 49.2
    Not Married 1983 44.9
    Defacto Relationship 260 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2077 37.6
    Croatia 581 10.5
    Indonesia 730 13.2
    Lebanon 503 9.1
    Sri Lanka 433 7.8
    Others 1200 21.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 360 6.7
    Christianity 2538 46.9
    Hinduism 1271 23.5
    Islam 201 3.7
    No Religion 944 17.4
    Others 99 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 142 8.3
    $1,000-$1,249 161 9.4
    $1,500-$1,999 242 14.1
    $2,000-$2,499 181 10.5
    $2,500-$2,999 178 10.4
    Others 815 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2035 43.7
    Not in the labour force 1432 30.8
    Employed, worked part-time 821 17.6
    Unemployed, looking for work 218 4.7
    Employed, away from work 147 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 10.1
    Professionals 847 28.2
    Technicians & trades workers 352 11.7
    Community & personal service workers 300 10.0
    Clerical & administrative workers 466 15.5
    Others 732 24.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 368 22.8
    Secondary 420 26.0
    Technical or Further Educational Institution 171 10.6
    University or other Tertiary Institutions 511 31.6
    Other type of educational institution 81 5.0
    Others 64 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2756 51.4
    Separate house 2051 38.3
    Semi-detached, row or terrace house, townhouse 530 9.9
    House or flat attached to a shop, office 20 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 849 45.6
    Being purchased 592 31.8
    Fully owned 408 21.9
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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