With a capital gain of 0.00% for the last 12 months, Homebush, 2140 has performed for property investments than its average annual 12.29% property growth over the last 5 years.
Over the longer term, Homebush has seen property prices show investors a 13.46% return over the last 3 years. This is worse than over the last 12 months
In the last year 15 properties changed hands in Homebush, which puts it as the 1336th most active market in NSW when comparing the number of sales per suburb.
Situated 11.87km from the CBD, Homebush is one of Strathfield (A) localities in the postcode 2140.
Homebush has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.73% to date .
A 30.39% growth in median value for property investors in Homebush,2140 puts this suburb at number 416th in terms of best performing suburbs in NSW
Homebush2140 is located in NSW which offers an average discount of -5.90% to property investors. Homebush itself is showing figures that indicate -7.46% is the average achievable by property buyers investing in the suburb.
At number 1015 in a list of fastest selling suburbs, Homebush is in the bottom 40% of suburbs in Australia with an average of days on market 85.46 for properties listed there.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.40%, without taking into account capital value appreciation, which has been averaging out at 5.60%.