Canada Bay · 2140
Homebush South, NSW
$4.6bn pipeline incl. Sydney Metro West — Olympic Park, 3.8% gross yield.
NextSuburb scoreTier B
64Strong
Median house
$1.30M
5y growth
5.0%/yr
Gross yield
3.8%
Vacancy
1.3%
Stable entry pointLow confidence
Thin marketSmall sample sizes (~0 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
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 yield3.8%76/100
- 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 South scores 64/100 (Strong). The two strongest signals: $4.6bn of nearby construction and 3.8% gross rental yield. The standout watch-out: no material risk flags surfaced by the model.
Drivers
- Infrastructure pipeline$4.6bn nearby
- Rental yield3.8%
- Supply tightening-5.0% YoY
- Tight rentals1.3%
Risks
No material risk flags raised by the model.
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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