FOR SALE
$850,000 - $900,000

207-209 Albert Street
Sebastopol VIC 3356

Bedrooms: 7
Bathrooms: 2
Car spaces: 4
Land area: 1419m2
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TWO BRICK VENEER HOMES ON AROUND 1,400M2 IN HIGH EXPOSURE LOCATION

Positioned in a prime high exposure location opposite a newly refurbished Coles supermarket and one door from Sebastopol Bowling Club is this substantial land holding with two tenanted properties. The two blocks total around 1,400m2 (approx.) offering obvious development potential in the future for either residential or commercial use (STCA). The three bedroom and four bedroom brick homes are both solid and are currently tenanted bringing in a combined weekly rental return of around $700 per week. This is a rare opportunity to purchase a well located and substantial land holding while maintaining some sound income while you plan or land bank for the future. For further information contact the exclusive listing agent Dominic Morrison direct on 0409 557 461.
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Property Details for 207-209 Albert St, Sebastopol

207-209 Albert St, Sebastopol is a 7 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1419m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
1419m2

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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 31.33% increase in median value, while Units have seen a 34.49% increase. As at 31 July 2024:

  • The median value for Houses in Sebastopol is $399,970 while the median value for Units is $332,050.
  • Houses have a median rent of $380 while Units have a median rent of $345.
There are currently 52 properties listed for sale, and 20 properties listed for rent in Sebastopol on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Sebastopol.

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Dominic Morrison
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Mason Bourke
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Real Estate Group
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