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Seven Hills Suburb Insights
VICLocation Information
Suburb Name
Seven Hills, VIC
Distance from CBD
10.3 kmDemographics
Population
19,326
Median Income
$33,540
Area Information
Area
9.63 km²
Population Density
2007 people/km²
Property Market
Median Price
$1,150,141
Annual Growth
+14%Property Price Trend Analysis
Current Median Price
$1,150,141
Annual Growth
+14%
Quarterly Growth
+3.6%
Price Trends - Last 6 Months
2024-01
$496,474
+10.8%2024-02
$763,288
+11.1%2024-03
$712,930
+7.1%2024-04
$1,101,872
+11.5%2024-05
$1,011,628
+11%2024-06
$748,116
+17.1%Property Type Price Analysis
House
Median Price
$1,101,519
Growth Rate
+9.8%Available Listings
146 properties
Apartment
Median Price
$516,386
Growth Rate
+7.2%Available Listings
527 properties
Townhouse
Median Price
$900,126
Growth Rate
+10.3%Available Listings
102 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy