Welcome to our November newsletter!
With the holiday season almost upon us, pricing for houses and apartments is sharpening, as property owners want to ensure they get a sale before the Christmas period.
Upgrade for ANZ Stadium Homebush
The upgrade for the ANZ and Allianz stadiums has been approved with a budget of a massive 1.6 billion, this is sure to bring more employment in to the area of Homebush, home to the ANZ Stadium. Rental demand will be higher for employees looking for accommodation close to work. Investors, this may be your time to buy! If you would like to know more about the upgrade, click here for the full article.
Currently 1-bedroom apartments in Homebush are offering an annual growth of 8.8% return, bringing a rental yield of 4.2%. The median weekly rent for the Homebush area is $410.00/wk . Median price for a unit is $504,000.00.
If you're looking for an investment in the homebush area, close to transport and amenities, we might just have the right property. This month our feature property is a stylish & modern one bedroom apartment that comes complete with a generous study based in Homebush West.