FOR SALE
$499,000 - $539,000

1-2/120 Albert Street
Sebastopol VIC 3356

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
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DOUBLE DWELLING WITH A PROJECTED APPROX 7% RENTAL YIELD

Welcome to 120 Albert Street, Sebastopol, a unique property that offers two separate dwellings on a generous 890m2 block. This versatile property presents a fantastic opportunity for both investors and homebuyers, with the potential for future development (STCA). Located in a convenient and sought-after area, this property is a must-see for those looking for space, comfort, and potential.
As you step into the main dwelling, you'll be greeted by a spacious interior that includes two well-appointed bedrooms. The living area is generously sized and features gas heating, providing a cozy and comfortable atmosphere. The large, well-maintained kitchen boasts ample storage, electric cooking, and a dishwasher for your convenience. An adjacent dining room provides the perfect space for family meals and gatherings. The updated bathroom is equipped with a standalone shower and toilet.
The rear dwelling is a substantial addition to the property, offering three bedrooms, a large center lounge room, and a fully equipped kitchen with a dining room. This separate dwelling provides additional living space and is perfect for extended family living or potential rental income.
Situated in Sebastopol, this property enjoys a convenient location with easy access to local schools, shops, public transport, and recreational facilities. Contact Mitch Couch on 0423 543 023 for your viewing.
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Property Details for 1-2/120 Albert St, Sebastopol

1-2/120 Albert St, Sebastopol is a 5 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Real Estate Group.

Building Type
House

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About Sebastopol 3356

The size of Sebastopol is approximately 8.5 square kilometres. It has 15 parks covering nearly 6.1% of total area. The population of Sebastopol in 2011 was 9,398 people. By 2016 the population was 10,020 showing a population growth of 6.6% in the area during that time. The predominant age group in Sebastopol is 20-29 years. Households in Sebastopol are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sebastopol work in a trades occupation. In 2011, 61.3% of the homes in Sebastopol were owner-occupied compared with 55.6% in 2016.

Sebastopol has 6,321 properties. Over the last 5 years, Houses in Sebastopol have seen a 31.64% increase in median value, while Units have seen a 38.75% increase. As at 31 August 2024:

  • The median value for Houses in Sebastopol is $400,255 while the median value for Units is $325,082.
  • Houses have a median rent of $380 while Units have a median rent of $350.
There are currently 50 properties listed for sale, and 21 properties listed for rent in Sebastopol on OnTheHouse. According to CoreLogic's data, 274 properties were sold in the past 12 months in Sebastopol.

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Mitchell Couch
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