All About Homebush, Mackay, QLD, 4740

Homebush, situated in Mackay, Queensland, is a suburban area that offers a blend of rural charm and accessible conveniences, appealing to those seeking a slower pace of life while still maintaining proximity to city amenities. The housing market in Homebush comprises predominantly detached homes, often set on spacious lots, providing ample room for families and those who appreciate outdoor living. Over recent years, the area has seen moderate growth in property values, attributed to its appeal among homebuyers looking for affordable options compared to more urbanized areas. The real estate market here is characterized by a steady demand, keeping prices relatively stable and making it a favorable location for both first-time buyers and investors.

Living in Homebush offers residents a tranquil lifestyle, as the suburb prides itself on a strong sense of community and picturesque natural surroundings. With essential amenities such as schools, shops, and medical facilities within easy reach, coupled with the scenic beauty of nearby national parks, residents enjoy a balanced lifestyle. The peaceful environment is ideal for outdoor enthusiasts, as it provides numerous opportunities for hiking, fishing, and other recreational activities. Despite its serene setting, Homebush is only a short drive from the heart of Mackay, ensuring that the vibrancy of city life is never too far away. Overall, Homebush provides a welcoming environment that caters to those who value both community and convenience.

Homebush Real Estate Market Outlook

Thinking about buying in Homebush? Now could not be a better time, with just 223 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $754,000 with prices in this suburb ranging from $240,000 to $2,650,000. Homebush is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Homebush due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Homebush provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Homebush requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Homebush we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Homebush a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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