Suburb Profile Report for Homebush NSW (2140)

Homebush House: Median price $2,270,000, Annual capital growth 13.32%, Number of sales 14, Weekly median advertised rent $613

Homebush Unit: Median price $661,000, Annual capital growth 5.28%, Number of sales 189, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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  • Unit Report

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.

Metrics i HOUSE UNIT
$2,270,000 $661,000
5.58% 1.61%
0.15% -1.34%
13.32% 5.28%
$613 $550
14 189
1.40% 4.33%
N/A 90.6

Source: CoreLogic

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