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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 | --
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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
Based on AreaSearch's analysis, Homebush's population is around 23,386 as of Feb 2026. This reflects an increase of 2,564 people (12.3%) since the 2021 Census, which reported a population of 20,822 people. The change is inferred from the estimated resident population of 23,020 from the ABS as of June 2024 and an additional 603 validated new addresses since the Census date. This population level equates to a density ratio of 6,090 persons per square kilometer, which lies in the top 10% of national locations assessed by AreaSearch, making land in the area a highly sought resource. Homebush's 12.3% growth since the 2021 census exceeded the SA4 region (6.5%) and the SA3 area, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed approximately 78.3% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilizing the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Regarding demographic trends, a significant population increase in the top quartile of national areas is forecast, with the area expected to grow by 7,344 persons by 2041 based on the latest annual ERP population numbers, reflecting an increase of 29.8% in total over the 17 years.
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 around 158 residential properties granted approval per year, totalling 794 homes over the past 5 financial years. So far in FY-26, 0 approvals have been recorded. With an average of 3.8 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), demand is significantly outpacing supply, which typically puts upward pressure on prices and increases competition among buyers, while new homes are being built at an average value of $205,000—below the regional average—suggesting more affordable housing options for buyers. Additionally, $32.4 million in commercial approvals have been registered this financial year, demonstrating high levels of local commercial activity.
When measured against Greater Sydney, Homebush records 54.0% more new home approvals (per person), offering buyers greater choice. New building activity shows 11.0% standalone homes and 89.0% townhouses or apartments. This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers. At around 159 people per approval, Homebush reflects a developing area.
Looking ahead, Homebush is expected to grow by 6,978 residents through to 2041 (from the latest AreaSearch quarterly estimate). 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
Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 52 projects have been identified by AreaSearch that are likely to have an impact on the area. Key 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, with the list below detailing those likely to be of most relevance.
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INFRASTRUCTURE SEARCH
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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 features a highly educated workforce, with professional services showing strong representation and an unemployment rate of only 3.5%. As of December 2025, 14,353 residents are in work, while the unemployment rate is 0.7% below Greater Sydney's rate of 4.2%, and workforce participation is well beyond standard (75.6% compared to Greater Sydney's 70.2%). Based on Census responses, a high 41.4% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.
The key industries of employment among residents are health care & social assistance, professional & technical, and retail trade. The area demonstrates a particularly notable concentration in accommodation & food, with employment levels at 1.4 times the regional average. Conversely, construction shows lower representation at 5.3% versus the regional average of 8.6%. While local employment opportunities exist in the area, it appears many residents commute elsewhere for work, based on the count of Census working population to local population.
Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, labour force levels decreased by 2.2% alongside a 2.1% employment decline, with unemployment remaining essentially unchanged. By comparison, Greater Sydney recorded employment growth of 2.2%, labour force growth of 2.3%, with unemployment rising marginally. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Homebush. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Homebush's employment mix suggests local employment should increase by 6.9% over five years and 14.0% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).
Frequently Asked Questions - Employment
Income
The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment
According to AreaSearch's aggregation of the latest postcode level ATO data released for FY-23, the Homebush SA2 had a median income among taxpayers of $53,991 with the average level standing at $63,754. This is below the national average and compares to levels of $60,817 and $83,003 across Greater Sydney respectively. Based on Wage Price Index growth of 8.86% since FY-23, current estimates would be approximately $58,775 (median) and $69,403 (average) as of September 2025. According to 2021 Census figures, household, family and personal incomes in Homebush cluster around the 67th percentile nationally. Distribution data shows 39.3% of the population (9,190 individuals) fall within the $1,500 - 2,999 income range, reflecting patterns seen at regional levels where 30.9% similarly occupy this range. High housing costs consume 20.3% of income, though strong earnings still place disposable income at the 61st percentile and 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
Dwelling structure within Homebush, as evaluated at the latest Census, comprised 10.2% houses and 89.8% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Sydney metro's 55.9% houses and 44.1% other dwellings. Meanwhile, the level of home ownership within Homebush lagged that of Sydney metro, at 10.9%, with the remainder of dwellings either mortgaged (29.8%) or rented (59.3%). The median monthly mortgage repayment in the area was well below the Sydney metro average at $2,127, while the median weekly rent figure was recorded at $450, compared to Sydney metro's $2,427 and $470. Nationally, Homebush's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 67.7% of all households, comprising 30.2% couples with children, 27.2% couples without children, and 7.5% single parent families. Non-family households make up the remaining 32.3%, with lone person households at 21.5% and group households comprising 10.9% of the total. The median household size of 2.6 people 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
Educational attainment in Homebush significantly surpasses broader benchmarks, with 55.8% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 32.2% in NSW. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 34.1%, followed by postgraduate qualifications (19.6%) and graduate diplomas (2.1%). Vocational pathways account for 19.7% of qualifications among those aged 15+ – advanced diplomas (11.4%) and certificates (8.3%).
Educational participation is notably high, with 33.5% of residents currently enrolled in formal education. This includes 10.6% in tertiary education, 7.3% in primary education, and 4.5% pursuing secondary education.
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
Public transport analysis reveals 78 active transport stops operating within Homebush, comprising a mix of trains and buses. These stops are serviced by 20 individual routes, collectively providing 6,701 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 218 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 55%, with 31% by train and 6% by bus. Vehicle ownership averages 0.6 per dwelling, which is below the regional average. A high 41.4% of residents work from home (2021 Census; 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 demonstrates outstanding results across 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, and the rate of private health cover is relatively low at approximately 50% of the total population (~11,809 people). This compares to 59.9% across Greater Sydney and a national average of 55.7%.
The most common medical conditions in the area are asthma and diabetes, impacting 3.7% and 3.3% of residents, respectively, while 86.6% declared themselves as completely clear of medical ailments compared to 74.6% across Greater Sydney. The area has 7.9% of residents aged 65 and over (1,849 people), which is lower than the 15.4% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings broadly in line with 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 is among the most culturally diverse areas in the country, with 75.8% of its population speaking a language other than English at home and 71.4% born overseas. The main religion in Homebush is Hinduism, which makes up 29.3% of the population. This compares to 5.2% across Greater Sydney.
In terms of ancestry (country of birth of parents), the top three represented groups in Homebush are Other, comprising 27.6% of the population, which is substantially higher than the regional average of 16.0%, Chinese, comprising 21.8% of the population, which is substantially higher than the regional average of 8.4%, and Indian, comprising 14.4% of the population, which is substantially higher than the regional average of 3.6%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Korean is notably overrepresented at 6.0% of Homebush (vs 1.1% regionally), Sri Lankan at 1.0% (vs 0.3%) and Vietnamese at 2.1% (vs 1.8%).
Frequently Asked Questions - Diversity
Age
Homebush hosts a very young demographic, ranking in the bottom 10% of areas nationwide
At 32 years, Homebush's median age is materially younger than the Greater Sydney average of 37 and significantly lower than the 38-year national average. Relative to Greater Sydney, Homebush has a higher concentration of 25 - 34 residents (29.5%) but fewer 55 - 64 year-olds (6.4%). This 25 - 34 concentration is well above the national 14.4%. Post-2021 Census data shows the 35 to 44 age group has grown from 17.9% to 19.9% of the population, while the 65 to 74 cohort increased from 3.9% to 5.0%. Conversely, the 25 to 34 cohort has declined from 32.8% to 29.5%. Demographic modeling suggests Homebush's age profile will evolve significantly by 2041. The 45 to 54 cohort shows the strongest projected growth at 65%, adding 1,343 residents to reach 3,411.