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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
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 23,399 as of Aug 2025. This figure reflects an increase of 12.4% since the 2021 Census, which recorded a population of 20,822. The change is inferred from ABS data showing an estimated resident population of 23,020 in June 2024 and an additional 570 validated new addresses since the Census date. This results in a population density ratio of 6,093 persons per square kilometer, placing Homebush in the top 10% of national locations assessed by AreaSearch. The area's growth of 12.4% since the 2021 census exceeds both its SA4 region (6.3%) and the state level, indicating it is a growth leader. Overseas migration contributed approximately 78.3% of overall population gains in recent periods.
AreaSearch uses 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 utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group are applied to all areas for years 2032 to 2041. Based on the latest population numbers, Homebush is forecasted to grow significantly, with an increase of 7,344 persons expected by 2041, representing a total increase of 29.8% 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 approximately 158 residential properties granted approval annually. Development approval data is produced by the Australian Bureau of Statistics on a financial year basis, totalling 794 approvals across the past five financial years from FY-2021 to FY-2025, with zero so far in FY-2026. On average, 3.8 people per year have moved to the area for each dwelling built over these five financial years. This demand significantly outpaces supply, typically putting upward pressure on prices and increasing competition among buyers.
New homes are being constructed at an average expected cost of $455,000, aligning with regional trends. In FY-2026, $32.4 million in commercial approvals have been registered, indicating robust local business investment. Compared to 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, focusing on higher-density living which creates more affordable entry points for downsizers, investors, and first-home buyers. Homebush reflects a developing area with around 159 people per approval.
Looking ahead, Homebush is projected to grow by 6,965 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
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 58 projects that may affect this region. Notable projects include the Parramatta Road Urban Amenity Improvement Program, Hill Road Upgrade, and Parramatta Light Rail Stage 2. The following list details those likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Parramatta Light Rail Stage 2
A 10km light rail extension with 14 stops connecting Parramatta CBD to Sydney Olympic Park via Camellia, Rydalmere, Ermington, Melrose Park and Wentworth Point. The project includes a new 320-metre bridge over the Parramatta River and will provide crucial public transport for a rapidly growing region.
Sydney Metro West - Sydney Olympic Park Station and Precinct
A new underground metro station and integrated precinct development as part of the 24-kilometre Sydney Metro West line. The project includes the station and three mixed-use buildings above and adjacent to it, ranging from 27 to 45 storeys. A planning modification submitted in August 2025 proposes increasing the housing component to over 500 new homes, alongside commercial and retail spaces. Station box excavation was conducted by the Acciona Ferrovial Joint Venture (AFJV). Three consortia have been shortlisted to deliver the main Integrated Station Development (ISD) contract, which is expected to be awarded in mid-2026.
Parramatta Road Urban Amenity Improvement Program
A $198 million NSW Government initiative to revitalise the Parramatta Road corridor by improving public spaces, streetscapes, and active transport links like cycleways and pedestrian paths. The program involves collaboration between state agencies and six local councils to deliver 32 projects aimed at supporting the growth of new housing and jobs along this key transport artery.
Parramatta Road Urban Amenity Improvement Program
198 million initiative to improve open space and active transport links along the Parramatta Road corridor. Includes new parks, cycle paths, streetscape improvements, pedestrian safety enhancements, and landscaping.
Parramatta Road Urban Amenity Improvement Program
Major urban amenity improvement program along Parramatta Road corridor including streetscape enhancements, pedestrian facilities, cycling infrastructure, and public domain improvements to support urban transformation.
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.
46-48 Henley Road Townhouses
Boutique townhouse development featuring 1 two-bedroom and 10 three-bedroom townhouses across 2 detached buildings. Contemporary design with face brick, brick veneer, and concrete block external walls. Private gardens and parking included.
Hill Road Upgrade
A major road upgrade by Transport for NSW to improve connectivity between Sydney Olympic Park and Lidcombe. The project includes upgrading the intersection of Parramatta Road and Hill Road, widening the M4 Motorway eastbound off-ramp to Hill Road, and upgrading the Hill Road and John Ian Wing Parade intersection with a new fourth approach. It also involves creating new shared pathways for cyclists and pedestrians to enhance traffic flow and safety. Construction began in March 2025 and is expected to be completed in late 2027. The project is funded as part of the $140 million Housing Acceleration Fund.
Employment
Employment performance in Homebush exceeds national averages across key labour market indicators
Homebush has a highly educated workforce with strong representation in professional services. Its unemployment rate is 3.7%, below Greater Sydney's 4.2%.
Over the past year, employment grew by an estimated 4.1%. As of June 2025, 14,568 residents are employed, with a local unemployment rate of 3.7%, 0.5% lower than Greater Sydney's. Workforce participation is high at 67.3% compared to Greater Sydney's 60.0%. Key industries include health care & social assistance, professional & technical services, and retail trade.
The area has a notable concentration in accommodation & food services with employment levels at 1.4 times the regional average. However, construction is under-represented, with only 5.3% of Homebush's workforce compared to Greater Sydney's 8.6%. Many residents commute elsewhere for work based on Census data. Between June 2024 and June 2025, employment increased by 4.1%, labour force by 4.4%, leading to a 0.3 percentage point unemployment rise. In contrast, Greater Sydney saw employment grow by 2.6% and labour force by 2.9%, with a 0.3 percentage point unemployment increase. State-level data from Sep-25 shows NSW employment contracted by 0.41%, losing 19,270 jobs, with an unemployment rate of 4.3%. National forecasts from Jobs and Skills Australia project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Homebush's employment mix suggests local growth of approximately 6.9% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
Homebush's income level is approximately average nationally according to ATO data aggregated by AreaSearch for financial year 2022. Homebush's median income among taxpayers is $49,606 and the average income stands at $64,018. These figures compare to Greater Sydney's median of $56,994 and average of $80,856 respectively. Based on Wage Price Index growth of 10.6% since financial year 2022, current estimates for Homebush would be approximately $54,864 (median) and $70,804 (average) as of March 2025. Census data reveals household, family and personal incomes in Homebush cluster around the 68th percentile nationally. Income analysis shows that 39.3% of the population, equating to 9,195 individuals, fall within the $1,500 - 2,999 income range. This is consistent with broader trends across the surrounding region where 30.9% are in the same category. High housing costs consume 20.3% of income. Despite this, 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
The dwelling structure in Homebush, as per the latest Census data, consisted of 10.2% houses and 89.8% other dwellings such as semi-detached homes, apartments, and 'other' types of dwellings. In comparison, Sydney metropolitan area had 33.5% houses and 66.5% other dwellings. Homebush's home ownership rate was at 10.9%, with the remaining dwellings either mortgaged (29.8%) or rented (59.3%). The median monthly mortgage repayment in Homebush was $2,127, significantly lower than Sydney metro's average of $2,436. The median weekly rent figure in Homebush was recorded at $450, compared to Sydney metro's $465. Nationally, Homebush's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Homebush features high concentrations of group households, with a higher-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 larger than the Greater Sydney average of 2.5.
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 is notably high, with 55.8% of residents aged 15 years and over holding university qualifications. This compares to 30.4% nationally and 32.2% statewide in NSW. Bachelor degrees are the most common at 34.1%, followed by postgraduate qualifications at 19.6% and graduate diplomas at 2.1%. Vocational pathways account for 19.7% of qualifications, with advanced diplomas making up 11.4% and certificates 8.3%.
Educational participation is 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. Homebush's three schools have a combined enrollment of 1,790 students as of the latest data. The area has above-average socio-educational conditions, with an ICSEA score of 1077. Education provision is balanced, with two primary and one secondary school serving distinct age groups. However, local school capacity is limited at 7.7 places per 100 residents compared to the regional average of 15.9, indicating many families may travel for schooling.
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 48 active public transport stops, offering a mix of train and bus services. These stops are serviced by 19 different routes, collectively providing 6,185 weekly passenger trips. Transport accessibility is rated good, with residents typically located 220 meters from the nearest stop.
Service frequency averages 883 trips per day across all routes, equating to approximately 128 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
Homebush demonstrates excellent health outcomes, with a low prevalence of common health conditions across all age groups. The area has approximately 51% private health cover, slightly lower than Greater Sydney's average of 57.3%.
Asthma and diabetes are the most prevalent conditions, affecting 3.7% and 3.3% of residents respectively. A total of 86.6% of residents report no medical ailments, compared to 77.0% in Greater Sydney. Homebush has a lower proportion of seniors aged 65 and over, at 7.5% (1,750 people), compared to Greater Sydney's 14.5%. Despite this, health outcomes among seniors are strong and largely align with the general population's health profile.
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, as of data from 2016 Census, has a population where 75.8% speak languages other than English at home and 71.4% were born overseas. Hinduism is the predominant religion in Homebush, with 29.3%, compared to 11.2% across Greater Sydney. Regarding ancestry, the top groups are Other (27.6%), Chinese (21.8%), and Indian (14.4%).
Notably, Korean (6.0%) is overrepresented compared to the regional average of 2.8%. Sri Lankan (1.0%) and Vietnamese (2.1%) also have higher representations than their respective regional averages of 0.4% and 2.1%.
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 years and lower than Australia's national average of 38 years. Compared to Greater Sydney, Homebush has a higher proportion of residents aged 25-34 (30.6%) but fewer residents aged 55-64 (6.3%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. According to post-2021 Census data, the proportion of Homebush's population aged 35-44 has increased from 17.9% to 19.5%, while the proportion of residents aged 25-34 has decreased from 32.8% to 30.6%. Demographic projections indicate that Homebush's age profile will change significantly by 2041, with the strongest growth expected in the 45-54 age group, which is projected to increase by 70%, adding 1,403 residents and reaching a total of 3,411.