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%.