Giving property investors a an unimpressive capital gain of 0.15% for the last year, Homebush, 2140 is the 2733th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Homebush has increased when compared to the 5 year average annual rate.
A $612.5 per week rent on the median house gives suburb investors a gross yield of circa 1.40%, without taking into account capital value appreciation, which has been averaging out at 13.32%.
Homebush has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.34% to date .
If we look at median property appreciation over just the last three months, Homebush has given property investors a paper return of 1.61%. This puts Suburb as 129 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Homebush 2140 should be seeing an average reduction in asking price of around -5.46% . This means that Homebush is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Homebush the average time real estate has been on the market is 90.6 days.