Homebush is in the TOP 30% in NSW when comparing median price capital growth over the last year. Homebush gave property investors a good capital gain figure when compared to the rest of the state, with 6.75%.
Taking the average capital gain, or increase in median house value, Homebush,2140 has racked up an average of 6.75% over the period. This ranks it number 3646th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Homebush being $1780000 and the advertised rent reaching $625 the gross rental yield for property investors calculates out to be 1.83%
Over the last year, property investments in Homebush, 2140 have given investors a capital gain of -4.41%. This compares averagely with the -1.55% for NSW as a whole.
While Homebush,2140 ranked number 181th in NSW for increase in median house value (annualised) increase, it is ranked 436th over the last 5 years.
Vendor discounting in Homebush is giving property investors an average Vendor Discount of around -5.78%. This puts suburb at number 228th in NSW when ranking the most discounted suburbs.
Homebush is 172th on a list of best yielding suburbs for rents in NSW with a 4.40% return