NSW has seen average median house prices change by 12.10% which means that Homebush, 2140 has done well for property investors by showing a capital gain of 48.44% over the last year
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.
Homebush is 1174th on a list of best yielding suburbs for rents in NSW with a 1.22% return
Giving property investors a an unimpressive capital gain of -1.54% for the last year, Homebush, 2140 is the 1276th highest performer in Australia in this respect.
Comparing Homebush,2140 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Homebush should be aiming for at least -5.74% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $490 mark per week – giving a return of 3.98% based on the median price in Suburb