All Suburbs

Homebush

NSW 2140LGA: Strathfield Council

Investment Score

78

/100

AI Intelligence Summary

Homebush is a well-positioned inner-west suburb located 15km from Sydney CBD, offering excellent connectivity through multiple transport options including rail services on T1 Western and T7 Olympic Park lines. The suburb benefits from its proximity to Sydney Olympic Park, providing extensive recreational facilities and employment opportunities. With a diverse multicultural population and high-density apartment living, Homebush attracts young professionals, families, and investors seeking relative affordability with strong growth potential. The area features good local amenities including Homebush Central shopping, quality schools, and foreshore recreational areas. Recent infrastructure improvements including WestConnex motorway access and planned Sydney Metro West connections enhance the suburb's appeal. The property market shows resilience with moderate growth, dominated by apartment stock with limited detached housing. Strong public transport accessibility, walkable neighborhoods, and proximity to employment hubs make it particularly attractive to first-home buyers and investors.

Strengths

  • Excellent transport connectivity with train and bus services
  • Close proximity to Sydney Olympic Park recreational facilities
  • Diverse multicultural community with strong social cohesion
  • Relative affordability compared to inner Sydney suburbs

Opportunities

  • Sydney Metro West development boosting property values
  • Continued urban renewal and apartment developments
  • Growing employment opportunities at Olympic Park
  • Increasing demand from downsizers and first-home buyers

Considerations

  • Limited detached housing stock availability
  • Higher density living may not suit all buyers
  • Traffic congestion during peak periods
  • Limited parking in apartment complexes

Property Market

Median House

$1.45M

+7.2% 1yr

Median Unit

$720K

+6.8% 1yr

Median Townhouse

$980K

Rent (House)

$900/wk

Rent (Unit)

$650/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 Year
House+7.2%+18.5%+32.8%
Unit+6.8%+16.2%+28.5%

Rental Yields

House Yield

3.2%

Unit Yield

4.8%

Townhouse Yield

3.8%

Investment Scorecard

Overall Investment Score78/100
Growth Potential82/100
Cashflow Score75/100
Risk Score (lower = safer)72/100
Affordability Index68/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Homebush at median house price

Standard transfer
$62,140
First Home Buyer
$62,140
Foreign buyer surcharge
$116,000

+8% surcharge

Annual rent income
$46,800

$900/wk

Interest (80% LVR @ 6.5%)
-$75,400
Other expenses (~2.5%)
-$36,250
Net rental position
-$64,850

Negatively geared

Tax benefit (39% MTR)
+$25,292

Reduces taxable income

After-tax holding cost
$39,559/yr

~$761/week

Based on 6.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.99M
Capital gain
$472,838
After discount
$236,419
CGT payable
$92,203

10-Year Hold

Est. value
$2.74M
Capital gain
$1.22M
After discount
$608,916
CGT payable
$237,477

Investor Quick Summary

Entry cost (stamp duty)

$62,140

After-tax yield

1.95%

Weekly holding cost

$761/wk

10yr CGT (est.)

$237,477

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

8,200

Median Age

34

Median Income

$78K

per annum

Family Households

58.0%

Professionals

48.0%

University Educated

42.0%

Unemployment

4.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 35%Units: 58%Townhouses: 7%Total: 3,400

Lifestyle & Community

Walkability82/100
Public Transport9/10
Schools Rating7/10
Safety7/10
Family Friendly8/10
Cafes & Restaurants

35

Parks

8

Hospitals

2

Distance to CBD

15.0 km

Nearest Station: Homebush Station

Urban convenience with access to recreational facilities, waterfront areas, cultural events at Olympic Park, and excellent dining and shopping options within walking distance.

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Data sourced from multiple sources. Last updated 26 March 2026.

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