Sebastopol

POSTAL CODE: VIC, 3356
HOUSE
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Property investments in SEBASTOPOL did not fare well against the rest of the country last year, registering a median home price decrease of 13.1%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SEBASTOPOL, 3356 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 49.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $475,000.

SEBASTOPOL ranks 92nd on the list of best yielding suburbs for rental properties in VIC, posting a 4.38% return.

Surburb overview

Sebastopol is a southern suburb of Ballarat in central Victoria, located within the City of Ballarat local government area.

The suburb sits approximately 6 kilometres south of Ballarat’s central business district and about 110 kilometres north-west of Melbourne by road and rail.

It is positioned along the Midland Highway and Glenelg Highway, providing road connections to central Ballarat and surrounding districts.

At the 2021 Census, Sebastopol recorded a population of around 10,000 residents, making it one of Ballarat’s more established residential suburbs.

The demographic profile includes families, retirees and working-age residents, with a mix of owner-occupied and rental housing.

Dwellings range from mid-20th-century brick veneer homes to more recent residential developments and townhouses.

Sebastopol developed during the 19th-century gold rush and later became a working-class residential area supporting Ballarat’s industrial and mining sectors.

Today, it functions primarily as a residential suburb, with a defined local commercial strip along Albert Street that includes supermarkets, specialty retailers, and community services.

The suburb includes several primary schools and is within reach of secondary education providers across Ballarat.

Health services, including Ballarat Base Hospital and private medical facilities, are accessible within a short drive.

Public transport options include regular local bus services connecting Sebastopol to Ballarat’s central business district and railway station.

Ballarat station provides V/Line train services to Melbourne’s Southern Cross Station, supporting regional commuting.

Recreational amenities include sporting facilities, neighbourhood parks and access to walking and cycling paths, with broader cultural and leisure opportunities available throughout the greater Ballarat region.

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