Homebush is in the TOP 20% in NSW when comparing median price capital growth over the last year. Homebush gave property investors a very good capital gain figure when compared to the rest of the state, with 19.46%.
Taking the average capital gain, or increase in median house value, Homebush,2140 has racked up an average of 19.46% over the period. This ranks it number 27th in the whole country for real estate investors looking at median house price increases.
Homebush has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.78% to date .
Homebush,2140 was ranked 943 in Australia by increase in median property value over the quarter.
Homebush2140 is located in NSW which offers an average discount of -4.41% to property investors. Homebush itself is showing figures that indicate -3.90% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Homebush the average time real estate has been on the market is 69.11 days.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 6.83%.