Suburb Profile Report for Seven Hills NSW (2147)

Seven Hills House: Median price $690,000, Annual capital growth 7.15%, Number of sales 188, Weekly median advertised rent $440

Seven Hills Unit: Median price $580,000, Annual capital growth 5.92%, Number of sales 59, Weekly median advertised rent $420

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$690,000 $580,000
-2.82% -0.85%
-11.65% -7.57%
7.15% 5.92%
$440 $420
188 59
3.32% 3.77%
58.5144927536232 83.8666666666667

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (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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