Homebush is in the TOP 10% in NSW when comparing median price capital growth over the last year. Homebush gave property investors a very good capital gain figure when compared to the rest of the state, with 18.42%.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
The NSW suburb of Homebush, 2140 is in the Strathfield (A) local government area.
Homebush is in the bottom 30% in NSW when comparing median price capital growth over the last year. Homebush gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.69%.
Comparing Homebush,2140 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.92% offered to property buyers. Sellers in Homebush itself are offering an average vendor discount of -5.51% to real estate investors.
Often selling an investment property can take time, and in Homebush the average time real estate has been on the market is 77.88 days.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 6.15%, investors should hope to achieve an overall return of 4.40%