Question 1

Is Homebush a nice place to live?

Accepted Answer

Homebush is a very small rural village in central Victoria, set among rolling paddocks and stands of native eucalypt on the Pyrenees and Goldfields fringe. It has an agricultural feel, with farms and lifestyle properties and a compact cluster of older weatherboard cottages and timber farmhouses rather than suburban streets. People who live here tend to be farming families, retirees or those after a quieter country pace while still relying on nearby regional towns for shops and services. It suits those who value rural living, scenic backroad drives and ready access to surrounding bushland for outdoor recreation.

The recorded population is just 31 people, with a median age of 48 and a median total weekly income of $1,062 (roughly $55,224 a year). All 13 recorded dwellings are owned outright, and the suburb’s families are all couple families, about two thirds without children and one third with children. There are no significant new infrastructure or development projects reported, and the Lower Homebush State School is included in the local heritage overlay.

Question 2

Is it expensive to live in Homebush?

Accepted Answer

There haven't been enough recent sales or rentals in Homebush 3465 to publish reliable median prices or average rents, so the suburb's current housing costs aren't available here. Because only the local median household income as recorded at the most recent Census is present, it's not possible to say how expensive Homebush is to live in compared with what households there earned at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Homebush a good place to invest?

Accepted Answer

There haven't been enough recent sales in Homebush (VIC 3465) to publish reliable figures on how house or unit values and rents changed over the past year. Without those figures, there isn't a clear picture of how the suburb has performed as an investment lately.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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