Seven Hills is a large suburb in New South Wales within the Blacktown local government area (postcode 2147). With a population of 20,095, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $98K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Seven Hills is $1.3 million, having increased 4% over the past year. Units have a median price of $619,000 (-13.7% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,200.
Seven Hills is served by 10 schools, including 7 primary, 2 secondary, 1 special. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 6 rail stations, 114 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Seven Hills offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +4.0% year-on-year.
Seven Hills is a large suburb in New South Wales within the Blacktown local government area (postcode 2147). With a population of 20,095, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $98K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Indian.
The median house price in Seven Hills is $1.3 million, having increased 4% over the past year. Units have a median price of $619,000 (-13.7% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,200.
Seven Hills is served by 10 schools, including 7 primary, 2 secondary, 1 special. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 6 rail stations, 114 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Seven Hills offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +4.0% year-on-year.