We are pleased to present our 2023 end of year property report for Homebush. Through 2023 the property market in the area faced its share of uncertainties, however, like much of the inner west we can report a significant upswing in market activities and results in the later stages of the year. We saw some exceptional results within our Newington office, including low days on market and high auction clearance rates. Both statistics are excellent indicators of market strength, and we expect this trend to continue into the first quarter of 2024. Homebush, in the past may have been overshadowed by Strathfield, however, it has emerged as a hidden gem in the property market. Known for its strategic central location, excellent connectivity, and a harmonious blend of urban and suburban lifestyles, Homebush is not just a locality; it’s a lifestyle choice for many. 2023 has been pivotal for the Homebush area, especially for units and apartments. We recorded a total sale of 252 units at a median price of $645,250 and 17 houses at $2,680,000, reflecting the area’s growing appeal. The suburb’s accessibility to Sydney’s key locations, combined with its vibrant local amenities, positions it as a highly soughtafter destination for a diverse range of buyers, including first-time homeowners, young professionals, and young families. As a Homebush local I am deeply entrenched in the nuances of the Homebush real estate market, dedicated to delivering unparalleled service tailored to meet your specific real estate needs. Whether you’re buying, selling, or renting, we offer expert guidance to navigate the complexities of the Homebush property market, ensuring a seamless and rewarding experience. Welcome to the Morton Homebush 2023 Property Report. Akanksha Chaudhari Sales Agent 0447 201 786 akanksha.chaudhari@morton.com.au
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