Property investors who have had real estate in Homebush, 2140 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.78%
Comparing Homebush,2140 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 18 properties changed hands in Homebush, which puts it as the 1153th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $600 weekly from the median priced house in this suburb.
At number 1275th in the list of Australian suburbs ordered by increase in median house value over the last year, Homebush, 2140 is in the BOTTOM 30% with a property value increase of -2.99% recorded in median house prices.
Over the longer term, Homebush has seen property prices show investors a 0.78% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.79% offered to property buyers. Sellers in Homebush itself are offering an average vendor discount of -5.28% to real estate investors.
Homebush is 168th on a list of best yielding suburbs for rents in NSW with a 4.40% return