Seven Hills sees boost in investor interest
The Sydney-suburb of Seven Hills is gaining popularity, with more investors looking to take advantage of recent developments in the area.
That is the sentiment of Civic Properties’ Chris Ferris and Laing & Simmons’ Sahil Sapra, who noted that Seven Hills’ revamped village lifestyle is seeing more investors buy in the Hills District.
Mr Ferris said Civic Properties’ $250 million planned community, known as “The Hills Village”, has seen significant interest from owner-occupiers and those looking to build on their portfolio.
The project is set for completion in 2020. It will be the first planned community in Seven Hills, with over 400 apartments to be delivered across four separate buildings.
“Our vision is to bring city-style living to Western Sydney and make that easy lifestyle accessible and affordable right here in Seven Hills,” said Mr Ferris.
Mr Sapra added: “Savvy investors see the potential growth to be realised in Seven Hills, as the next logical step from the rest of the Hills District. This is also the second stage of the Hills Village, and with every stage, prices will go up, so investors have been keen to get in early to capitalise on this growth.”
Oscar and Rose Semerci recently snapped up a two-bedroom apartment in The Hills Village and said it is set to become the place to be.
“I was born and bred here in Seven Hills and still live here with my own family. Over time I have seen significant changes in the area – and most recently this has been the development of The Hills Village. I can see how this will totally reposition the suburb and attract new people to live here,” Mr Semerci said.
“For us the location was critical to our decision. The Hills Village is set to become a new community hub – it is in such close proximity to schools, day care centres and, of course, the train station. Anybody would want to live there, from young couples working in the city to families and through to older people wanting a low-maintenance lifestyle.”
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