Suburb Profile Report for Seven Hills NSW (2147)

Seven Hills House: Median price $746,000, Annual capital growth 8.44%, Number of sales 244, Weekly median advertised rent $450

Seven Hills Unit: Median price $657,750, Annual capital growth 8.43%, Number of sales 30, Weekly median advertised rent $470

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 9.05% which means that Seven Hills, 2147 has done well for property investors by showing a capital gain of 5.82% over the last year

If we look at median property appreciation over just the last three months, Seven Hills has given property investors a paper return of 2.90%. This puts Suburb as 698 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Seven Hills should be aiming for at least -3.99% off the asking price, which is the average vendor discount being achieved at the moment.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.14%, without taking into account capital value appreciation, which has been averaging out at 8.44%.

Over the last year, property investments in Seven Hills, 2147 have given investors a capital gain of -2.70%. This compares very badly with the 6.22% for NSW as a whole.

Seven Hills,2147 has offered an average of -2.70% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Seven Hills is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 451th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Seven Hills the average time real estate has been on the market is 37.86 days.

Metrics i HOUSE UNIT
$746,000 $657,750
2.90% 1.19%
5.82% -2.70%
8.44% 8.43%
$450 $470
244 30
3.14% 3.72%
44.15 37.86

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 18823
Median household income ($/weekly) 1309
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2410 12.8
    25-34 years 2816 15.0
    35-44 years 2730 14.5
    45-54 years 2458 13.1
    55-64 years 2195 11.7
    Others 6215 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 7403 52.1
    Not Married 5987 42.2
    Defacto Relationship 808 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 11179 62.2
    Indonesia 1292 7.2
    Sri Lanka 503 2.8
    United Kingdom 555 3.1
    Other 1195 6.6
    Others 3255 18.1
    Country of Birth
    Census Count Percent(%)
    Christianity 12113 68.6
    Hinduism 1548 8.8
    Islam 715 4.1
    Other Religious Groups 546 3.1
    No Religion 2268 12.9
    Others 459 2.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 557 9.5
    $1,250-$1,499 491 8.4
    $1,500-$1,999 824 14.0
    $2,000-$2,499 682 11.6
    $2,500-$2,999 511 8.7
    Others 2803 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5759 40.0
    Not in the labour force 5230 36.3
    Employed, worked part-time 2317 16.1
    Unemployed, looking for work 596 4.1
    Employed, away from work 513 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1702 19.8
    Technicians & trades workers 1219 14.2
    Community & personal service workers 790 9.2
    Clerical & administrative workers 1547 18.0
    Labourers 857 10.0
    Others 2471 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 319 7.2
    Infants/Primary 1539 34.5
    Secondary 1185 26.6
    Technical or Further Educational Institution 505 11.3
    University or other Tertiary Institutions 737 16.5
    Others 176 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 16227 90.1
    Semi-detached, row or terrace house, townhouse 1380 7.7
    Flat, unit or apartment 359 2.0
    House or flat attached to a shop, office 40 0.2
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2425 38.4
    Fully owned 2050 32.5
    Rented 1812 28.7
    Other tenure type 29 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals