Over the last year, property investments in Homebush, 2140 have given investors a capital gain of 16.22%. This compares very favourably with the 7.28% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Homebush,2140 has racked up an average of 16.22% over the period. This ranks it number 31th in the whole country for real estate investors looking at median house price increases.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 1.45%, without taking into account capital value appreciation, which has been averaging out at 13.72%.
Homebush, 2140 ranked 392th in NSW when comparing growth in median property values or capital gain over the last 12 months. Homebush is one of 3163 in our list for NSW
While Homebush,2140 ranked number 374th in NSW for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
Vendor discounting in Homebush is giving property investors an average Vendor Discount of around -4.08%. This puts suburb at number 259th in NSW when ranking the most discounted suburbs.
Homebush, 2140’s gross rental yield is 4.32%