Building Inspections Homebush Bay

Buying a home or building a property in Homebush Bay

Homebush Bay has had major growth throughout the years with many developments, high-density buildings like apartment blocks constructed but there is also a variety of free-standing homes ranging from new builds and existing older homes.

The biggest issue we have noticed in Homebush Bay is poorly constructed apartment blocks. There are some key things we know what to look for to identify which buildings to stay clear from. There are also many opportunities for buying older-style properties and doing renovations. We can help identify key opportunities and ensure you do not buy a money pit.

Homebush Bay is a suburb of Sydney, Australia, located approximately 16 km west of the Sydney CBD. It is part of the local government area of the City of Parramatta. Here’s a breakdown of the demographics, social and economic factors of Homebush Bay:

Demographics

Homebush Bay has a population of around 1,200 people, according to the latest census data. The median age of residents is 29 years, which is significantly lower than the national median age of 38 years. The suburb has a diverse population, with a significant proportion of residents coming from non-English speaking backgrounds.

Social Factors

Homebush Bay is a primarily residential area, with a range of housing options available, including apartments, townhouses and standalone houses. There are also several parks and recreational facilities in the area, including Bicentennial Park, which is popular for walking, cycling, and picnics. The suburb is home to several schools, including Homebush Public School and Sydney Olympic Park Public School.

Economic Factors

Homebush Bay is located in close proximity to several major employment hubs, including Parramatta and the Sydney CBD. The suburb is also home to a number of businesses, including several technology and media companies. The area benefits from good transport links, with a range of public transport options available, including train and bus services. There are also several shopping and dining options in the area, including the nearby DFO Homebush outlet shopping centre.

Overall, Homebush Bay is a diverse and growing suburb of Sydney, with a range of housing options and amenities available. Its location in close proximity to major employment hubs and good transport links make it an attractive location for both residents and businesses.

At Clear View Property inspections, we will provide you with a detailed building inspection with easy-to-read report which will identify all major and minor defects. We will use the latest technology equipment like our equipment below.

Termatrac T3i (identify termites in-between walls with the latest sound waves technology).

Clear View Property inspections are fully licensed Builders and Fully licensed and experienced pest management technicians meaning we can also help with trades and estimates on repairs plus treatment of active termites and prevention services to keep your home safe.

Building inspection Homebush Bay

Our Homebush Bay building inspection services benefit:

• First time home buyers
• Experienced property owners
• Property investors
• Commercial buyers
• Builders and contractors
• Body corporates
• Building managers

At Clear View, we offer peace of mind with our Homebush Bay building inspection services. We can do it all with a friendly smile. We are the most trustworthy building inspection company in Homebush Bay.

Homebush Bay Home and Residential Services

Our Homebush Bay building inspection services include:

• Pre-Purchase Building Inspections
• Pest and Termite Inspections
• Pool Barrier Certifications
• New Build Inspections
• Drug Residue Inspections

We’re independent of the buying and selling process or building process which means we offer a true third-party inspection to ensure your home is safe and that you’re getting exactly what you’re paying for – nothing less.

About Homebush Bay

Property investors enjoyed capital gains of 2.36% over the last 12 months in HOMEBUSH, translating to lower returns compared with its peers in NSW. Figures from the previous quarter show that capital gains for real estate buyers in HOMEBUSH are low, as opposed to average gains per annum over the past five years. The suburb posted a 15.56% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year. This number can mean that real estate investors could earn a rental income of $600 based on current median home prices for the suburb. On average, rents on listings have reached the $600 mark, reflecting a 1.2% return increase based on HOMEBUSH’s current median price. HOMEBUSH, 2140 ranks 1337th in NSW regarding median property value increase and capital gains, based on year-to-date figures. While it ranks 1129th on the list of best-yielding suburbs for rental properties in NSW, posting a 1.2% return.

Infrastructure

Homebush Bay is a suburb of Sydney, Australia, that has seen significant infrastructure development over the past few decades, thanks in large part to the 2000 Sydney Olympic Games. Here are some of the major infrastructure developments in Homebush Bay:

1. Sydney Olympic Park: This 640-hectare site was home to the 2000 Sydney Olympic Games and has since been transformed into a major entertainment, leisure and business precinct. It includes several sporting facilities, including ANZ Stadium and the Sydney Olympic Park Aquatic Centre, as well as the Sydney Showground, which hosts major events throughout the year.
2. Transport links: Homebush Bay benefits from good transport links, with several train stations and bus services serving the area. The Sydney Olympic Park Ferry Wharf provides regular ferry services to Circular Quay, while the M4 motorway provides easy access to the Sydney CBD and other areas of Sydney.
3. Housing developments: Homebush Bay has seen significant housing development over the past few decades, with a range of apartments, townhouses and standalone houses available. Many of these developments were built in the lead-up to the Sydney Olympic Games, and have since been converted into residential accommodation.
4. Commercial developments: Homebush Bay is home to several commercial developments, including the DFO Homebush outlet shopping centre and several business parks. These developments provide employment opportunities for residents and help to support the local economy.
5. Education facilities: Homebush Bay has several education facilities, including Homebush Public School and Sydney Olympic Park Public School. There are also several tertiary education institutions located nearby, including the University of Western Sydney and TAFE NSW.

Overall, Homebush Bay benefits from a range of infrastructure developments that support its growing population and economy. The suburb’s location in close proximity to major transport links and employment hubs make it an attractive location for both residents and businesses.

Real Estate Market Development

Homebush Bay is a suburb of Sydney that has experienced significant development trends over the past few decades. Here are some of the major development trends in Homebush Bay:

1. Housing Development: Homebush Bay has seen a significant increase in housing development over the past few decades, with the construction of several new apartment complexes and townhouses. Many of these developments were built in the lead-up to the Sydney Olympic Games in 2000 and have since been converted into residential accommodation.
2. Commercial Development: Homebush Bay has also seen an increase in commercial development over the past few decades. The DFO Homebush outlet shopping centre was opened in 2008, and several business parks have been established in the area. These developments provide employment opportunities for residents and support the local economy.
3. Infrastructure Development: Homebush Bay has benefited from significant infrastructure development over the past few decades, thanks in large part to the 2000 Sydney Olympic Games. The construction of ANZ Stadium, the Sydney Olympic Park Aquatic Centre, and the Sydney Showground have transformed the area into a major entertainment, leisure, and business precinct.
4. Sustainable Development: The suburb of Homebush Bay has also seen an increase in sustainable development over the past few years. The construction of sustainable apartments and buildings has become increasingly popular in the area, with a focus on reducing energy consumption and carbon emissions.
5. Mixed-Use Development: Mixed-use developments have become more popular in Homebush Bay over the past few years, combining residential, commercial, and retail spaces into a single development. These developments provide a range of services and amenities for residents and support the local economy.

Overall, Homebush Bay has experienced significant development trends over the past few decades, with a focus on increasing housing and commercial development, improving infrastructure, promoting sustainable development, and implementing mixed-use developments. These trends have helped to transform Homebush Bay into a thriving suburb of Sydney.

Homebush Bay’s real estate market has significantly developed over the past few decades. Here are some of the major trends that have shaped the real estate market in Homebush Bay:

1. Increased Housing Demand: The population of Homebush Bay has grown significantly over the past few decades, leading to an increased demand for housing. This has driven up property prices and rental rates, making the area less affordable for some buyers and renters.
2. Rise in Apartment Living: The construction of several apartment complexes in Homebush Bay has led to a rise in apartment living. Many of these apartments are located in high-rise buildings and offer views of the surrounding areas. This has become a popular option for young professionals and couples who are looking for a convenient and low-maintenance lifestyle.
3. Mixed-Use Developments: Mixed-use developments have become increasingly popular in Homebush Bay, offering a combination of residential, commercial, and retail spaces in a single development. These developments provide a range of services and amenities for residents and support the local economy.
4. New Construction Projects: There are several new construction projects in Homebush Bay, with developers building new apartment complexes and townhouses in the area. This has increased the supply of housing and provided more options for buyers and renters.
5. Proximity to Amenities: Homebush Bay is located close to several major amenities, including ANZ Stadium, the Sydney Olympic Park Aquatic Centre, and the Sydney Showground. This has made the area a popular choice for people who want to be close to these facilities.

The real estate market in Homebush Bay has undergone significant development over the past few decades, with increased demand for housing, a rise in apartment living, mixed-use developments, new construction projects, and proximity to amenities driving growth in the area. As a result, Homebush Bay has become a popular suburb for both homebuyers and renters in Sydney.

Latest update

The Homebush median house price is $2,612,500 based on 20 sales in the past 12 months. The median unit and apartment price is $670,000 based on 196 sales in the past 12 months. Suburbs next to Homebush Bay that has similar demographic and Building issues are Rhodes, West Ryde, Ryde, Sydney Olympic Park, Mortlake, and Cabarita. Clear View Property inspections can help you with your next building inspection and report.