18/39-41 Hornsey Road, Homebush West NSW 2140
18/39-41 Hornsey Road, Homebush West NSW 2140
Medium-density apartment | 2–3 bed configuration | Commuter-oriented street | Modern fitout likely | School catchment appeal
This unit sits in a practical, medium-density corridor where modern kitchens, air conditioning, ensuites, and secure parking are the expected standard rather than the exception. The street’s apartment stock leans toward 2-bedroom layouts with some larger 3-bedroom options, making it a solid fit for first-home buyers, young couples, and investors who prioritise transport access and affordability over private land or premium lifestyle amenity. The building appears well-maintained, and the near-new presentation of comparable units in the complex suggests this property likely offers contemporary mid-range finishes that compete well in the local market. Its position within established school catchments adds quiet appeal for small families.
Value may be shaped by the unit’s floor level, aspect, and internal size, none of which are confirmed but which typically differentiate apartments in this corridor. A 2-bedroom unit in the same complex carries an estimated value around $695,000, while nearby 2-bedroom apartments with 67 m² internal space and 3-bedroom versions near 111 m² indicate a wide price spread based on configuration. Presentation and parking will matter most, as the street’s rental demand is strong—nearby units leasing near $735 per week—but the lack of premium amenity means the property’s ceiling depends on condition and outlook rather than unique features.
Detailed Independent Property Report prepared by PropCred Analyst team for 18/39-41 Hornsey Road, Homebush West NSW 2140
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Homebush West presents a clear two-tiered market, defined by a dominant unit sector catering to young professionals and investors seeking affordability and convenience, which drives consistent demand. The house market, however, faces significant headwinds with recent price declines and very low sales volume indicating constrained liquidity and buyer caution. Future growth is underpinned by strong rental demand and the suburb’s established accessibility, though risks are concentrated in the high-value house segment’s sensitivity to economic conditions and its stark under-supply relative to the thriving apartment market.
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PropCred Estimated Value
Comparable Sales: 20/39-41 Hornsey Road sold at $695,000; 19/16-18 Hornsey Road sold at $680,000 | Property Price Band: $650,000–$750,000 | Value Drivers: Condition, floor level, internal layout
Bedrooms
2
Bathroom
2
Parking
1
Land
1417m²
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