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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
2021 Census | -- people
Sales Activity
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Population
Homebush lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Homebush's population is approximately 23,386 as of February 2026. This figure represents an increase of 2,564 people, a 12.3% rise since the 2021 Census, which recorded a population of 20,822. The change is inferred from the estimated resident population of 23,020 in June 2024 and an additional 603 validated new addresses since the Census date. This results in a population density ratio of 6,090 persons per square kilometer, placing Homebush in the top 10% of national locations assessed by AreaSearch. The area's growth of 12.3% since the 2021 census outpaces both the SA4 region (6.5%) and the SA3 area, positioning it as a growth leader. Overseas migration contributed approximately 78.3% of overall population gains during recent periods in Homebush.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses the NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on demographic trends and latest annual ERP population numbers, Homebush is forecasted to experience significant population growth in the top quartile of national areas, with an expected increase of 7,344 persons by 2041, reflecting a total increase of 29.8% over the 17-year period.
Frequently Asked Questions - Population
Development
The level of residential development activity in Homebush was found to be higher than 90% of real estate markets across the country
Homebush has recorded approximately 158 residential properties granted approval annually over the past five financial years, totalling 794 homes. As of FY-26, 0 approvals have been recorded. On average, around 3.8 people move to Homebush each year for every dwelling built between FY-21 and FY-25, indicating high demand outpacing supply which can put upward pressure on prices and increase competition among buyers. The average construction cost of new homes in Homebush is $205,000, below the regional average, suggesting more affordable housing options for buyers.
This financial year has seen $32.4 million in commercial approvals registered, demonstrating significant local commercial activity. Compared to Greater Sydney, Homebush records 54.0% more new home approvals per person, offering buyers greater choice. New building activity predominantly consists of townhouses or apartments (89.0%), with a smaller proportion being standalone homes (11.0%). This focus on higher-density living creates more affordable entry points and caters to downsizers, investors, and first-home buyers. Homebush reflects a developing area, with around 159 people per approval.
According to the latest AreaSearch quarterly estimate, Homebush is expected to grow by approximately 6,978 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Homebush has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 52 projects that are expected to impact the area. Notable projects include the Parramatta Road Urban Amenity Improvement Program, Sydney Metro West - Sydney Olympic Park Station and Precinct, Bridge Road Residences, and 136 Parramatta Road Mixed-Use Hotel. The following list details those projects considered most relevant.
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Frequently Asked Questions - Infrastructure
Sydney Metro West - Sydney Olympic Park Station and Precinct
New underground metro station on the Sydney Metro West line featuring an Integrated Station Development (ISD). The project includes three mixed-use towers (up to 45 storeys) providing over 500 apartments (updated to ~507 via the August 2025 Amending Concept SSDA), approximately 35,000 square meters of commercial and retail space, and public domain improvements including a new Central Urban Park. Station box excavation was completed in 2024 by the Acciona Ferrovial JV. The ISD PPP contract is contested by three shortlisted consortia: FCC and Ecove; Gamuda and MTR; and John Holland and Freecity, with the award expected in mid-2026. The station is targeting an opening in 2032.
Parramatta Road Urban Amenity Improvement Program
A $198 million NSW Government initiative (PRUAIP) revitalizing the 20km Parramatta Road corridor through 32 urban amenity projects across six local government areas. The program delivers significant public domain upgrades including over 10,000 new trees, separated cycleways, wider footpaths, and new urban plazas. Major works include the extension of Auburn Park, streetscape improvements in Homebush, and active transport links from Concord to the Bay Run. As of early 2026, while many streetscape and public art components are complete, key infrastructure stages including pedestrian fencing and signalized crossing upgrades remain under construction.
North Strathfield Metro Station
A new underground metro station being delivered as part of the Sydney Metro West project. Located adjacent to the existing North Strathfield railway station, it will provide a seamless interchange with Sydney Trains T9 Northern Line services. The project includes a new station entrance on Queen Street, platform screen doors, and fully accessible platforms with lift access. In early 2026, work focuses on electrical kiosk installation, substation civil works, and site maintenance as the project progresses toward a 2032 opening.
Hill Road Upgrade
A major road upgrade by Transport for NSW to improve connectivity between Sydney Olympic Park and Lidcombe. The project upgrades Hill Road between Parramatta Road and Bombay Street to the south and Old Hill Link to the north, improving connectivity to Carter Street Precinct, Sydney Olympic Park and surrounding areas. Key features include upgrading the intersection of Parramatta Road and Hill Road, widening the M4 Motorway eastbound off-ramp to Hill Road and signalising the intersection, upgrading the Hill Road and John Ian Wing Parade intersection with a new fourth approach through Stockyard Boulevard, and creating new shared pathways for cyclists and pedestrians. The project will ease congestion, deliver reliable travel times and improve safety for all road users. Construction commenced in March 2025 by contractor Abergeldie Complex Infrastructure and is expected to be completed in late 2027. The project is funded as part of the $140 million Housing Acceleration Fund by the Department of Planning, Housing and Infrastructure.
136 Parramatta Road Mixed-Use Hotel
IRIS Capital's first build-to-rent project featuring approved mixed-use development with hotel, 63 serviced and residential apartments, and basement parking. Luxury development with upper floor levels commanding CBD views.
Ovation Quarter
Multi-stage master-planned development by AYMCI adjacent to Sydney Olympic Park, featuring luxury residential towers, retail precincts, community facilities, and public spaces. The initial stages, including Emerald, Ruby, and Sapphire buildings totaling 421 apartments, have been completed and sold out. The overall development plans for approximately 3000 apartments, with further stages DA-approved and land being marketed.
The Crescent
88-apartment development across 8 floors in 2 buildings, featuring 1-3 bedroom apartments with unparalleled finishes and luxury design. Includes communal open space, pool, and premium amenities. Sets new benchmark for luxury living in Homebush.
Sydney Markets Rezoning (Parramatta Road Precinct)
A state-assessed rezoning proposal for a portion of the Sydney Markets site (along Parramatta Road, Flemington) to allow for a mixed-use precinct. The proposal unlocks the capacity for up to 1,500 new homes, approximately 20,000 sqm of supporting non-residential floor space (retail, commercial), and new green open space. The rezoning was selected for fast-tracked assessment under the NSW Government's State Significant Rezoning Policy to boost housing supply in a well-located area. The core Sydney Markets operations will remain at Flemington.
Employment
Employment performance in Homebush has been broadly consistent with national averages
Homebush has a highly educated workforce with strong representation in professional services. Its unemployment rate was 3.6% as of September 2025. Employment stability has been relatively consistent over the past year.
As of September 2025, 14,470 residents were employed, with an unemployment rate of 0.6% below Greater Sydney's rate of 4.2%. Workforce participation was 76.4%, higher than Greater Sydney's 70.0%. According to Census responses, 41.4% of residents worked from home. Key industries for employment among residents were health care & social assistance, professional & technical services, and retail trade.
Homebush had a notable concentration in accommodation & food services with employment levels at 1.4 times the regional average. However, construction was under-represented, with only 5.3% of Homebush's workforce compared to Greater Sydney's 8.6%. Many residents appeared to commute elsewhere for work based on Census data. Over the 12 months to September 2025, employment increased by 0.1%, labour force increased by 0.5%, and unemployment rose by 0.4 percentage points in Homebush. In contrast, Greater Sydney experienced employment growth of 2.1% and a rise in unemployment of 0.2 percentage points. National employment forecasts from Jobs and Skills Australia, published in May-25, project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Homebush's employment mix suggests local employment should increase by 6.9% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment
The Homebush SA2 had a median income of $53,991 and an average income of $63,754 among taxpayers in the financial year 2023, according to ATO data aggregated by AreaSearch. This compares to figures for Greater Sydney's median income of $60,817 and average income of $83,003. By September 2025, with an estimated Wage Price Index growth of 8.86%, the median income is projected to be approximately $58,775 and the average income around $69,403. Census data indicates that incomes in Homebush cluster at the 67th percentile nationally. Income analysis shows that 39.3% of the population, equating to 9,190 individuals, fall within the $1,500 - 2,999 income range, which is consistent with broader trends across the surrounding region showing 30.9% in the same category. High housing costs consume 20.3% of income, but strong earnings place disposable income at the 61st percentile nationally. The area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Homebush features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
Homebush's dwelling structure, as per the latest Census, consisted of 10.2% houses and 89.8% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with Sydney metro's composition of 55.9% houses and 44.1% other dwellings. Homebush's home ownership rate was 10.9%, with mortgaged dwellings at 29.8% and rented ones at 59.3%. The median monthly mortgage repayment in the area was $2,127, lower than Sydney metro's average of $2,427. The median weekly rent figure in Homebush was $450, compared to Sydney metro's $470. Nationally, Homebush's mortgage repayments were higher at $2,127 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Homebush features high concentrations of group households, with a lower-than-average median household size
Family households account for 67.7% of all households, including 30.2% couples with children, 27.2% couples without children, and 7.5% single parent families. Non-family households constitute the remaining 32.3%, with lone person households at 21.5% and group households comprising 10.9%. The median household size is 2.6 people, which is smaller than the Greater Sydney average of 2.7.
Frequently Asked Questions - Households
Local Schools & Education
Homebush shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Homebush has notably higher educational attainment than national averages. 55.8% of residents aged 15+ possess university qualifications, compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are most common at 34.1%, followed by postgraduate qualifications (19.6%) and graduate diplomas (2.1%). Vocational pathways account for 19.7%, with advanced diplomas at 11.4% and certificates at 8.3%.
Educational participation is high, with 33.5% currently enrolled in formal education, including tertiary (10.6%), primary (7.3%), and secondary (4.5%) levels.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Homebush has 78 active public transport stops offering a mix of train and bus services. These are served by 20 routes collectively providing 6,701 weekly passenger trips. Transport accessibility is good with residents typically located 218 meters from the nearest stop. Most residents commute outward, with car being the dominant mode at 55%, followed by train at 31% and bus at 6%. Vehicle ownership averages 0.6 per dwelling, below the regional average. According to the 2021 Census, 41.4% of residents work from home, which may reflect COVID-19 conditions.
Service frequency averages 957 trips per day across all routes, equating to approximately 85 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Homebush's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Health outcomes data shows exceptional results in Homebush, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. There is a very low prevalence of common health conditions across all age groups. Approximately 50% of the total population (~11,809 people) has private health cover, compared to 59.9% in Greater Sydney and a national average of 55.7%.
The most prevalent medical conditions are asthma (3.7%) and diabetes (3.3%). 86.6% of residents declare themselves completely clear of medical ailments, higher than the 74.6% across Greater Sydney. Homebush has 7.9% of residents aged 65 and over (1,849 people), lower than the 15.4% in Greater Sydney. Health outcomes among seniors are notably strong, aligning with national rankings for the general population.
Frequently Asked Questions - Health
Cultural Diversity
Homebush is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Homebush has a population where 75.8% speak a language other than English at home, with 71.4% born overseas. Hinduism is the predominant religion in Homebush at 29.3%, significantly higher than Greater Sydney's average of 5.2%. In terms of ancestry, 'Other' is the largest group at 27.6%, followed by Chinese (21.8%) and Indian (14.4%), all substantially higher than regional averages of 16.0%, 8.4%, and 3.6% respectively.
Korean (6.0%), Sri Lankan (1.0%), and Vietnamese (2.1%) groups are notably overrepresented in Homebush compared to regional averages of 1.1%, 0.3%, and 1.8% respectively.
Frequently Asked Questions - Diversity
Age
Homebush hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Homebush has a median age of 32 years, which is younger than Greater Sydney's average of 37 and lower than Australia's national average of 38. Compared to Greater Sydney, Homebush has a higher proportion of residents aged 25-34 (29.5%), but fewer residents aged 55-64 (6.4%). This 25-34 concentration is notably higher than the national figure of 14.4%. According to data from the 2021 Census, the proportion of Homebush's population aged 35-44 has increased from 17.9% to 19.9%, while those aged 65-74 rose from 3.9% to 5.0%. Conversely, the proportion of residents aged 25-34 decreased from 32.8% to 29.5%. By 2041, demographic modeling indicates significant changes in Homebush's age profile. The 45-54 cohort is projected to grow by 65%, adding 1,343 residents and reaching a total of 3,411.