Suburb Profile Report for Homebush NSW (2140)

Homebush House: Median price $2,286,250, Annual capital growth 11.69%, Number of sales 16, Weekly median advertised rent $600

Homebush Unit: Median price $645,000, Annual capital growth 4.42%, Number of sales 278, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • Unit Report

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%

Metrics i HOUSE UNIT
$2,286,250 $645,000
2.75% -0.77%
35.20% -0.77%
11.69% 4.42%
$600 $500
16 278
1.36% 4.03%
N/A 81.7586206896552

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 6195
Median household income ($/weekly) 1458
Median age of persons 30
Median housing loan repayment ($/monthly) 2300
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 638 10.3
    20-24 years 663 10.7
    25-34 years 1567 25.3
    35-44 years 835 13.5
    45-54 years 783 12.6
    Others 1709 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 2175 49.2
    Not Married 1983 44.9
    Defacto Relationship 260 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2077 37.6
    Croatia 581 10.5
    Indonesia 730 13.2
    Lebanon 503 9.1
    Sri Lanka 433 7.8
    Others 1200 21.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 360 6.7
    Christianity 2538 46.9
    Hinduism 1271 23.5
    Islam 201 3.7
    No Religion 944 17.4
    Others 99 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 142 8.3
    $1,000-$1,249 161 9.4
    $1,500-$1,999 242 14.1
    $2,000-$2,499 181 10.5
    $2,500-$2,999 178 10.4
    Others 815 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2035 43.7
    Not in the labour force 1432 30.8
    Employed, worked part-time 821 17.6
    Unemployed, looking for work 218 4.7
    Employed, away from work 147 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 10.1
    Professionals 847 28.2
    Technicians & trades workers 352 11.7
    Community & personal service workers 300 10.0
    Clerical & administrative workers 466 15.5
    Others 732 24.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 368 22.8
    Secondary 420 26.0
    Technical or Further Educational Institution 171 10.6
    University or other Tertiary Institutions 511 31.6
    Other type of educational institution 81 5.0
    Others 64 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2756 51.4
    Separate house 2051 38.3
    Semi-detached, row or terrace house, townhouse 530 9.9
    House or flat attached to a shop, office 20 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 849 45.6
    Being purchased 592 31.8
    Fully owned 408 21.9
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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