Suburb Profile Report for Seven Hills NSW (2147)

Seven Hills House: Median price $745,000, Annual capital growth 8.41%, Number of sales 253, Weekly median advertised rent $450

Seven Hills Unit: Median price $655,500, Annual capital growth 8.50%, Number of sales 29, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

Seven Hills is an average performer in NSW when comparing median price capital growth over the last year. Seven Hills gave property investors a average capital gain figure when compared to the rest of the state, with 6.43%.

If we look at median property appreciation over just the last three months, Seven Hills has given property investors a paper return of 3.47%. This puts Suburb as 519 on a list of fastest fasting appreciating suburbs in NSW

At number 909th of NSW’s most discounted properties, Seven Hills is in the TOP 30% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 21.08 sales per month, which equates to 253 per year.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 8.41%, investors should hope to achieve an overall return of 3.14%

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 -0.46%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Seven Hills has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Seven Hills should be aiming for at least -1.46% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Seven Hills being $655500 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.73%

Metrics i HOUSE UNIT
$745,000 $655,500
3.47% 3.64%
6.43% -0.46%
8.41% 8.50%
$450 $470
253 29
3.14% 3.73%
47.23 38.21

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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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
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Recent sales & rentals