Investment property in Homebush has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 35.20%
If we look at median property appreciation over just the last three months, Homebush has given property investors a paper return of 2.75%. This puts Suburb as 612 on a list of fastest fasting appreciating suburbs in NSW
With the median price for a house in Homebush being $2286250 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 1.36%
With a capital gain of -0.77% for the last 12 months, Homebush, 2140 has performed for property investments than its average annual 4.42% property growth over the last 5 years.
Homebush,2140 has offered an average of -0.77% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Homebush 2140 should be seeing an average reduction in asking price of around -5.00% . This means that Homebush is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 23.17 sales per month, which equates to 278 per year.
Homebush, 2140’s gross rental yield is 4.03%