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Seven Hills

POSTAL CODE: QLD, 4170
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 9.76% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,800,000

The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $755.

Home owners selling their properties and realtors in SEVEN HILLS usually have to wait an average of 63.1 days days before their assets are lifted off the market.

The QLD suburb ranks 725th on the list of best yielding suburbs for rental properties in QLD, posting a 2.18% return.

It also places places 796th in Australia based on median property value growth during the quarter.

Surburb overview

Seven Hills is a suburb located approximately 7.8 kilometres east of Brisbane's central business district. As of the 2021 census, it had a population of 2,732.

Seven Hills is characterised by its hilly terrain, with eight notable hills, six of which are within its boundaries. These hills are named after the Seven Hills of Rome: Aventine, Caelian, Capitoline, Palatine, Quirinal, and Viminal. Morningside borders the suburb to the north, Cannon Hill to the northeast, Carina to the east, Camp Hill to the southeast, and Norman Park to the south and west.

The name "Seven Hills" first appeared on local maps in 1891 and 1895, reflecting the area's topography. Between 1912 and 1926, the Belmont Tramway serviced the southern edge of the suburb, connecting it to Norman Park. The Seven Hills State School opened on January 25, 1960, and continues to serve the community.

Seven Hills State School is a government primary school catering to boys and girls from Prep to Year 6. In 2018, the school enrolled 522 students and included a special education program. Seven Hills has no secondary schools; the nearest government secondary schools are Balmoral State High School in Balmoral, Whites Hill State College in Camp Hill, and Coorparoo Secondary College in Coorparoo.

While Seven Hills does not have a railway station, residents can access train services near Norman Park and Morningside stations. The suburb is also served by several bus routes connecting it to Brisbane's central business district and surrounding areas.

The suburb boasts the Seven Hills Bushland Reserve, a 52-hectare area offering a network of walking tracks for recreational activities. Additionally, several local parks and heritage walking paths are within public easements between residential properties.

As of recent data, the median listing price for houses in Seven Hills is approximately $1,700,000, reflecting a 13.33% increase over the past year. The median house rent is $745 per week, with a rental yield of 2.27%. Approximately 24.82% of the suburb's occupants live in rental accommodation.

Seven Hills offers a blend of suburban tranquillity and proximity to Brisbane's urban amenities, making it a desirable location for families and professionals.

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