Giving property investors a a poor capital gain of -11.65% for the last year, Seven Hills, 2147 is the 3548th highest performer in Australia in this respect.
Seven Hills,2147 has offered an average of -11.65% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Seven Hills, 2147. Typically our figures indicate that -8.71% is being offered, which puts this NSW suburb at 602th most discounted overall in Australia.
Often selling an investment property can take time, and in Seven Hills the average time real estate has been on the market is 58.5145 days.
Advertised rents are around the $440 mark per week – giving a return of 3.32% based on the median price in Suburb
If you compare the increase in value of investment property in Seven Hills, 2147 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.57%.
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.
At number 746 in a list of fastest selling suburbs, Seven Hills is just in the bottom half of suburbs in Australia with an average of days on market 83.8667 for properties listed there.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 5.92%, investors should hope to achieve an overall return of 3.77%