Suburb Profile Report for Homebush NSW (2140)

Homebush House: Median price $1,931,460, Annual capital growth 12.06%, Number of sales 63, Weekly median advertised rent $580

Homebush Unit: Median price $647,000, Annual capital growth 6.36%, Number of sales 172, Weekly median advertised rent $520

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$1,931,460 $647,000
0.05% -0.46%
14.12% 1.09%
12.06% 6.36%
$580 $520
63 172
1.56% 4.18%
66 64.39

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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