Canada Bay · 2127 · 13 km from Sydney CBD

Homebush Bay, NSW

3.8% gross yield, listings tightening 5.0% YoY.

NextSuburb scoreTier C
57Average
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.
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

About Homebush Bay

Located in the Canada Bay LGA, Homebush Bay sits roughly 13 km west of central Sydney. Median house prices have moved 5.0%/yr over the past five years, with gross rental yields around 3.8% and vacancy at 1.3%. Population has grown 6.5% over five years and household income 16.0%, both factored into the 57/100 NextSuburb score.

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%/yr
    50/100
  • Population growth+6.5% (5y)
    65/100
  • Supply tightening-5.0% YoY
    75/100
  • Rental yield3.8%
    76/100
  • Rental demand1.3% vacancy
    68/100
  • Income growth+16.0% (5y)
    64/100
  • Construction pipeline$2.4bn nearby
    47/100
  • Affordability13% under cap
    13/100

Why this score

Homebush Bay scores 57/100 (Average). The two strongest signals: 3.8% gross rental yield and 1.3% vacancy rate. The standout watch-out: no material risk flags surfaced by the model.

Drivers
  • Rental yield3.8%
  • Supply tightening-5.0% YoY
  • Tight rentals1.3%
  • Population growth+6.5% (5y)
Risks

No material risk flags raised by the model.

Nearest infrastructure

Sydney Metro West — Olympic Park2.1 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 ranking

Also consider

Six other NSW suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.

60-month score history

Backfilled — live history begins May 2026
495663Jun 21Jun 22Jun 23Jun 24Jun 25May 26

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