Suburb Profile Report for Sebastopol VIC (3356)

Sebastopol House: Median price $247,500, Annual capital growth 3.14%, Number of sales 177, Weekly median advertised rent $260

Sebastopol Unit: Median price $200,000, Annual capital growth 2.02%, Number of sales 60, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Sebastopol, 3356 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.23%

A 8.55% growth in median value for property investors in Sebastopol,3356 puts this suburb at number 280th in terms of best performing suburbs in VIC

Property investors looking for a bargain in Sebastopol should be aiming for at least -6.47% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Sebastopol being $247500 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.46%

With a capital gain of -3.60% for the last 12 months, Sebastopol, 3356 has performed for property investments than its average annual 2.02% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sebastopol has fallen somewhat when compared to the 5 year average annual rate.

Vendor discounting in Sebastopol is giving property investors an average Vendor Discount of around -6.73%. This puts suburb at number 52th in VIC when ranking the most discounted suburbs.

Using the current median advertised rental of $230 and the average annual increase in value of a median property of 2.02%, investors should hope to achieve an overall return of 5.98%

HOUSE UNIT
$247,500 $200,000
1.85% -7.41%
3.23% -3.60%
3.14% 2.02%
$260 $230
177 60
5.46% 5.98%
102.02 124.5

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 9398
Median household income ($/weekly) 764
Median age of persons 36
Median housing loan repayment ($/monthly) 1202
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1080 11.5
    25-34 years 1341 14.3
    35-44 years 1089 11.6
    45-54 years 1085 11.5
    55-64 years 1032 11.0
    Others 3772 40.1
    Age Group
    Census Count Percent(%)
    Not Married 3509 51.8
    Registered Married 2490 36.8
    Defacto Relationship 775 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 7885 91.0
    New Zealand 96 1.1
    Papua New Guinea 53 0.6
    United Kingdom 258 3.0
    Other 144 1.7
    Others 227 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 0.6
    Christianity 5431 65.9
    Islam 52 0.6
    Other Religious Groups 43 0.5
    No Religion 2652 32.2
    Others 15 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 462 13.4
    $400-$599 541 15.7
    $600-$799 530 15.4
    $800-$999 394 11.4
    $1,000-$1,249 372 10.8
    Others 1150 33.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3213 45.1
    Employed, worked full-time 2228 31.3
    Employed, worked part-time 1195 16.8
    Unemployed, looking for work 263 3.7
    Employed, away from work 230 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 444 12.2
    Technicians & trades workers 667 18.3
    Community & personal service workers 440 12.0
    Sales 471 12.9
    Labourers 577 15.8
    Others 1055 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 140 7.1
    Infants/Primary 650 32.9
    Secondary 594 30.1
    Technical or Further Educational Institution 160 8.1
    University or other Tertiary Institutions 343 17.4
    Others 89 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7279 84.5
    Flat, unit or apartment 1145 13.3
    Semi-detached, row or terrace house, townhouse 183 2.1
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1317 35.7
    Being purchased 1208 32.7
    Fully owned 1136 30.8
    Other tenure type 28 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals