At number 2526th in the list of Australian suburbs ordered by increase in median house value over the last year, Seven Hills, 2147 is in the BOTTOM 40% with a property value increase of 2.14% recorded in median house prices.
A 70.24% growth in median value for property investors in Seven Hills,2147 puts this suburb at number 788th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -4.37% to buyers in Seven Hills at the moment, which is less than average for the rest of NSW.
In the last year 247 properties changed hands in Seven Hills, which puts it as the 32th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Seven Hills being $715000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 3.20%
Property investors who have had real estate in Seven Hills, 2147 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.85%
A 73.61% growth in median value for property investors in Seven Hills,2147 puts this suburb at number 191th in terms of best performing suburbs in NSW
Vendor discounting in Seven Hills is giving property investors an average Vendor Discount of around -0.77%. This puts suburb at number 470th in NSW when ranking the most discounted suburbs.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.91%, without taking into account capital value appreciation, which has been averaging out at 7.94%.