313/218 Parramatta Road, Homebush NSW 2140
313/218 Parramatta Road, Homebush NSW 2140
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces on a 102 sqm block is positioned in Homebush NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Homebush demand is governed by its inner-west location, excellent rail and motorway links, and demographics that keep owner-occupiers, families and renters competing for a premium slice of the market. Buyers are drawn to the convenience to the CBD, good schools and parks, plus the fresh medium-density communities near transport hubs that keep the suburb relevant even though new approvals could add extra competition. Price momentum has stayed positive – supply is barely over one month so the past six months have seen values hold firm after a 26% lift for houses over the last year, even as yields stay low and affordability remains stretched.