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%