506/7B Olive StreetSeven Hills NSW 2147
Property Details for 506/7b Olive St, Seven Hills
506/7b Olive St, Seven Hills is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 5395m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Seven Hills in the last 12 months.
Last Listing description (November 2024)
Reliance Property presents, High-Yield Investment Property
Unlock a premium investment opportunity with this exceptional apartment!
Located on the 5th level, this modern residence offers two generous bedrooms and two stylish bathrooms, providing an ideal blend of comfort and practicality.
Enjoy expansive views from the private balcony, enhancing your living experience. The property includes a secure car space and is currently leased to NDIS tenants, ensuring a reliable and long-term rental income. With its high rental yield and strong investment potential, this apartment is perfect for savvy investors seeking stability and growth in a vibrant community.
Don't miss the opportunity & Contact Reliance Property on 0405 949 302 today to arrange a private viewing or discover more!
Disclaimer:Reliance Property & its agents believe that the information contained herein is gathered from sources which we deem to be reliable.However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should carry out & rely on their own searches. Intending purchasers should seek legal & accounting advice before entering into any contract of purchase.
Property History for 506/7b Olive St, Seven Hills, NSW 2147
- 21 Oct 2024Sold for $678,000
- 21 Aug 2024Listed for Sale SOLD BY MUKTA VERMA 0405 949 302
- 27 May 2021Sold for $580,000
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About Seven Hills 2147
The size of Seven Hills is approximately 9.7 square kilometres. It has 35 parks covering nearly 9.4% of total area. The population of Seven Hills in 2011 was 18,823 people. By 2016 the population was 19,313 showing a population growth of 2.6% in the area during that time. The predominant age group in Seven Hills is 30-39 years. Households in Seven Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seven Hills work in a professional occupation. In 2011, 69.2% of the homes in Seven Hills were owner-occupied compared with 65% in 2016.
Seven Hills has 9,429 properties. Over the last 5 years, Houses in Seven Hills have seen a 62.53% increase in median value, while Units have seen a 15.39% increase. As at 31 October 2024:
- The median value for Houses in Seven Hills is $1,140,477 while the median value for Units is $697,624.
- Houses have a median rent of $600 while Units have a median rent of $615.
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