Sebastopol is a well-established suburb in Victoria within the Ballarat local government area (postcode 3356). With a population of 10,194, the suburb has an established demographic with a median age of 39. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Sebastopol is $417,000, having dropped significantly 8.4% over the past year. Units have a median price of $345,000 (-1.4% YoY). The current median weekly rent is $410. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,133.
Sebastopol is served by 4 schools, including 2 primary, 2 combined. The average ICSEA score is 985, which is around the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Ballarat LGA is higher than average at 11,695 incidents per 100,000 population.
From an investment perspective, Sebastopol offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($417K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -8.4% year-on-year.
Sebastopol is a well-established suburb in Victoria within the Ballarat local government area (postcode 3356). With a population of 10,194, the suburb has an established demographic with a median age of 39. Households earn a median income of $53K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Sebastopol is $417,000, having dropped significantly 8.4% over the past year. Units have a median price of $345,000 (-1.4% YoY). The current median weekly rent is $410. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,133.
Sebastopol is served by 4 schools, including 2 primary, 2 combined. The average ICSEA score is 985, which is around the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Ballarat LGA is higher than average at 11,695 incidents per 100,000 population.
From an investment perspective, Sebastopol offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($417K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -8.4% year-on-year.