Homebush

Homebush is a small suburb with a total population of 31 residents. The demographic skews towards older age groups, with a significant portion aged 65 years or over. The median mortgage repayment is moderately affordable compared to the median household income. The most common occupations are Managers, followed by Sales Workers. Commuting primarily occurs by motor vehicle. Given the small population size and older demographic profile, investors may find limited opportunities in Homebush for both houses and units. The suburb does not offer much in terms of diverse age groups or high demand for rental properties. Homebush, with its small population and older demographic, may not be the ideal investment location for property developers or investors looking for diverse opportunities or high rental demand. Limited scope for capital growth or rental yield may deter investors seeking a lucrative property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022