Canada Bay · 2140
Homebush, NSW
$4.6bn pipeline incl. Sydney Metro West — Olympic Park, listings tightening 5.0% YoY.
NextSuburb scoreTier C
59Average
Median house
$1.30M
5y growth
5.0%/yr
Gross yield
1.9%
Vacancy
1.3%
Stable entry pointHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.0%/yr50/100
- Population growth+6.5% (5y)65/100
- Supply tightening-5.0% YoY75/100
- Rental yield1.9%38/100
- Rental demand1.3% vacancy68/100
- Income growth+16.0% (5y)64/100
- Construction pipeline$4.6bn nearby92/100
- Affordability13% under cap13/100
Why this score
Homebush scores 59/100 (Average). The two strongest signals: $4.6bn of nearby construction and 1.3% vacancy rate. The standout watch-out: gross yield of 1.9% leaves modest cashflow.
Drivers
- Infrastructure pipeline$4.6bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks
- Thin gross yield (1.9%)
Nearest infrastructure
Sydney Metro West — Olympic Park1.7 km away
Construction · $25.0bn · completion 2030
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three NSW suburbs in the same budget band with the closest NextSuburb scores.
See the full NSW ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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