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Sales Activity
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Population
Homebush West lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
The population of Homebush West, as estimated by AreaSearch using ABS updates and validated addresses, is around 9,851 as of November 2025. This figure represents an increase of 743 people since the 2021 Census, which reported a population of 9,108. The increase is inferred from the resident population of 9,669 estimated by AreaSearch following examination of the latest ERP data release by ABS in June 2024 and an additional 58 validated new addresses since the Census date. This results in a population density ratio of 5,794 persons per square kilometer, placing Homebush West in the top 10% of national locations assessed by AreaSearch. The suburb's population growth rate of 8.2% since the 2021 census exceeded both the SA4 region (6.4%) and the state average, indicating it as a growth leader in the region. Overseas migration contributed approximately 78.0% of overall population gains during recent periods for Homebush West.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population dynamics forecast a significant increase in Homebush West, with an expected rise of 3,147 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 34.4% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Homebush West among the top 25% of areas assessed nationwide
AreaSearch analysis of ABS building approval numbers from statistical area data shows Homebush West has received around 36 dwelling approvals per year on average over the past five financial years, totalling an estimated 183 homes. In FY-26 so far, no approvals have been recorded. This averages to approximately 7.2 people moving to the area annually for each new dwelling built between FY-21 and FY-25, indicating demand significantly exceeds supply, which typically drives price growth and increased buyer competition. The average construction cost value of new dwellings is $455,000.
Commercial approvals this financial year amount to $7.1 million, reflecting the area's primarily residential nature. Compared to Greater Sydney, Homebush West records 19.0% less building activity per person and ranks among the 57th percentile of areas assessed nationally. New development consists predominantly of townhouses or apartments (95.0%), with a smaller proportion of detached houses (5.0%). This focus on higher-density living creates more affordable entry points, appealing to downsizers, investors, and first-home buyers.
With around 272 people per dwelling approval, Homebush West exhibits signs of a developing market. According to the latest AreaSearch quarterly estimate, the area is projected to add 3,385 residents by 2041. At current development rates, housing supply may struggle to keep pace with population growth, potentially intensifying buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Homebush West has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
A total of 15 projects have been identified by AreaSearch as potentially impacting the area. These include key projects such as the Parramatta Road Urban Amenity Improvement Program, Sydney Metro West - Sydney Olympic Park Station and Precinct, 136 Parramatta Road Mixed-Use Hotel, and 21 Parramatta Road Mixed-Use Development. The following list details those likely to be 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 with an integrated above-station precinct development. The station is under construction, with station box excavation completed in 2024 by Acciona Ferrovial JV. The Integrated Station Development (ISD) includes three mixed-use towers (27-45 storeys) delivering over 690 apartments (increased from original ~500 via MOD 2 approved October 2025), commercial office space, retail and public domain improvements. Three consortia shortlisted for the ISD PPP contract, with award now expected mid-2026. Station due to open 2032, full precinct completion expected 2034-2035.
Parramatta Road Urban Amenity Improvement Program
A $198 million NSW Government program (PRUAIP) delivering 32 urban amenity projects along the 20km Parramatta Road corridor in partnership with six inner-west councils. Includes new parks, plazas, streetscape upgrades, over 10,000 new trees, separated cycleways, wider footpaths, public art and improved pedestrian crossings. As of December 2025, approximately 60% of projects are complete or under construction, with the full program on track for completion by 2027-2028.
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.
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.
The Retreat - Celeste
The fourth release within 'The Retreat' master-planned community in Lidcombe. Celeste is a completed 10-storey building comprising 327 oversized 1, 2, and 3-bedroom residences. The development features premium lifestyle amenities including a rooftop terrace, infinity pool, a 3,000sqm podium garden, and a retail precinct.
Atrium The Retreat
A residential oasis home to the tallest towers in the Sydney Olympic Park area, rising 43 levels with 655 luxury 1, 2, 3 and 4 bedroom apartments across two towers. The final release within The Retreat master-planned community by Meriton, featuring oversized layouts, premium finishes, a vibrant retail precinct with cafes, restaurants, Woolworths, BWS and a 75-place childcare centre, plus resort-style amenities including pools, gym, gardens and a community centre.
Employment
Employment performance in Homebush West has been broadly consistent with national averages
Homebush West has a highly educated workforce with professional services well represented. Its unemployment rate was 4.1% in June 2025, aligning with Greater Sydney's rate of 4.2%.
Workforce participation was 65.7%, exceeding Greater Sydney's 60.0%. Key industries employing residents were health care & social assistance, retail trade, and professional & technical services. Retail trade had a particularly high employment share, at 1.4 times the regional level, while construction employed only 4.6% of local workers, below Greater Sydney's 8.6%. Many residents commute elsewhere for work.
Between June 2024 and June 2025, employment levels increased by 3.9%, labour force grew by 4.3%, causing the unemployment rate to rise by 0.4 percentage points. In contrast, Greater Sydney experienced employment growth of 2.6% and labour force growth of 2.9%, with a 0.3 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Homebush West's employment mix suggests local employment should increase by 6.8% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
The area's income profile falls below national averages based on AreaSearch analysis
According to AreaSearch's aggregation of latest postcode level ATO data released for financial year ended June 2022, Homebush West had median income among taxpayers at $46,828 with average level at $60,434. This is below national averages of $56,994 and $80,856 respectively across Greater Sydney. Based on Wage Price Index growth of 12.61% from financial year ended June 2022 to September 2025, estimated median income would be approximately $52,733 and average at $68,055. From the 2021 Census, incomes in Homebush West cluster around 61st percentile nationally. Distribution data shows majority of residents, 39.3% or 3,871 people, fall within $1,500 - 2,999 income bracket, similar to surrounding region at 30.9%. Housing costs consume 20.6% of income, but strong earnings place disposable income at 56th percentile nationally. Area's SEIFA income ranking places it in sixth decile.
Frequently Asked Questions - Income
Housing
Homebush West features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
In Homebush West, as per the latest Census, 5.0% of dwellings were houses while 95.0% consisted of other types such as semi-detached homes and apartments. This is in contrast to Sydney metropolitan area's dwelling structure which was 33.5% houses and 66.5% other dwellings. Homebush West had a lower home ownership rate at 8.7%, with the remaining dwellings either mortgaged (28.1%) or rented (63.1%). The median monthly mortgage repayment in Homebush West was $2,000, which is below Sydney metro's average of $2,436. The median weekly rent figure for Homebush West was $431, compared to Sydney metro's $465. Nationally, Homebush West'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 West features high concentrations of group households, with a higher-than-average median household size
Family households account for 66.6% of all households, consisting of 30.7% couples with children, 25.9% couples without children, and 7.3% single parent families. Non-family households make up the remaining 33.4%, with lone person households at 22.2% and group households comprising 11.2%. 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 West shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Homebush West is significantly higher than national and state averages. As of 2021, 54.4% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 32.6%, followed by postgraduate qualifications (19.6%) and graduate diplomas (2.2%). Vocational pathways account for 20.1% of qualifications among those aged 15 and above, with advanced diplomas at 12.0% and certificates at 8.1%.
Educational participation is high, with 36.2% of residents currently enrolled in formal education. This includes 11.7% in tertiary education, 7.6% in primary education, and 4.9% pursuing secondary education. Homebush West Public School provides local educational services within the area, with an enrollment of 469 students as of 2021. The school focuses exclusively on primary education, with ICSEA score of 1082 indicating above-average socio-educational conditions. Secondary options are available in surrounding areas due to limited local school capacity (4.8 places per 100 residents compared to the regional average of 15.8).
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 indicates 11 active transport stops in Homebush West. These comprise a mix of train and bus services. Six individual routes operate, collectively providing 3535 weekly passenger trips.
Transport accessibility is rated good, with residents typically located 278 meters from the nearest stop. Service frequency averages 505 trips per day across all routes, equating to approximately 321 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Homebush West's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Health outcomes data shows excellent results across Homebush West, with very low prevalence of common health conditions across all age groups. The rate of private health cover is relatively low at approximately 51% of the total population (around 5,010 people), compared to 57.3% across Greater Sydney.
Asthma and mental health issues are the most common medical conditions in the area, affecting 3.6% and 3.5% of residents respectively. Around 87.2% of residents declare themselves completely clear of medical ailments, compared to 77.0% across Greater Sydney. The area has 7.3% of residents aged 65 and over (719 people), which is lower than the 14.5% in Greater Sydney. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Homebush West 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 West has a population where 79.8% speak languages other than English at home, with 73.6% born overseas. The predominant religion is Hinduism, practiced by 33.4%, compared to 11.2% in Greater Sydney. For ancestry, the top groups are Other (32.9%), Chinese (23.1%), and Indian (14.0%).
These percentages exceed regional averages of 17.6%, 17.2%, and 4.4% respectively. Notably, Korean (4.2%), Filipino (3.0%), and Sri Lankan (0.7%) ethnic groups are overrepresented in Homebush West compared to regional figures of 2.8%, 1.9%, and 0.4%.
Frequently Asked Questions - Diversity
Age
Homebush West hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Homebush West 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 West has a higher proportion of residents aged 25-34 (29.9%) but fewer residents aged 55-64 (6.5%). The 25-34 age group is significantly higher than the national average of 14.5%. Post-2021 Census data shows that the 35 to 44 age group has increased from 18.0% to 19.6% of the population, while the 25 to 34 cohort has decreased from 32.0% to 29.9%. By 2041, demographic modeling suggests significant changes in Homebush West's age profile, with the strongest projected growth in the 45 to 54 cohort, which is expected to grow by 77%, adding 633 residents to reach a total of 1,461.