OFF MARKET

40 Sebastopol Hill Road
Omeo VIC 3898

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 1023m2
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Property Details for 40 Sebastopol Hill Rd, Omeo

Building Type
Land
Year Built
1990
Floor Size
115m2
Land Size
1023m2
Local Government
East Gippsland
Lot/Plan
1/TP103182

Last Listing description (December 2020)

Have you heard the bell ringing? Did someone mention the mountain bikes are coming to Omeo? Well that is not the only thing coming, a shortage of property and good quality homes on the market is the next thing coming, so listen up. Nobody rings the bell when a golden opportunity hits the market, but if you have seriously been following the real estate market, and keeping an eye on the regional town of Omeo, you will be well aware that this property represents an excellent investment opportunity, and will amount to being a good buy within a short period of time.A short walk from the centre of town, and closer to the Omeo hospital, this home at 40 Sebastopol Hill Road is a walk up start if you're a seriously wanting to enter the regional alpine market. Presented nicely, and in a perfect location, the home boasts three generous sized bedrooms with built in robes, a nice open plan kitchen and dining area that extends into the large lounge zone, a bathroom that actually has a bath in it, separate toilet and practical laundry, and to cap it all off, front and rear verandas extending the length of the home.Take a tour of the home and explore all it has to offer by clicking on the 360-degree tour attached to the listing. You will note the spacious kitchen, the free-standing wood heater, the split system, quality floor coverings and window furnishings just to name a few things. Step outside the home and see that it is elevated nicely capturing district scenery, and in the yard, there is a wood shed, clothes line, and a handy lock up shed at the head of the driveway. So here is your Omeo opportunity to enter the market, be it for permanent occupancy or holiday investment the choice is now yours, as this home is genuinely on the market and will sell. Inspections are strictly by appointment only for qualified buyers.All enquiry call Michael Enever 0458272797

Property History for 40 Sebastopol Hill Rd, Omeo, VIC 3898

A timeline of how this property has performed in the market
Last Sold
$264,000
04 Nov 2020
Listed for Rent
$200/w
06 Aug 2011
  • 04 Nov 2020
    Sold for $264,000
  • 26 Oct 2020
    Listed for Sale $259,000
  • 04 Jul 2019
    Listed for Sale Not Disclosed
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About Omeo 3898

The size of Omeo is approximately 587.9 square kilometres. It has 6 parks covering nearly 87.8% of total area. The population of Omeo in 2011 was 488 people. By 2016 the population was 388 showing a population decline of 20.5% in the area during that time. The predominant age group in Omeo is 60-69 years. Households in Omeo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Omeo work in a managers occupation. In 2011, 69.6% of the homes in Omeo were owner-occupied compared with 70.3% in 2016.

Omeo has 651 properties. Over the last 5 years, Houses in Omeo have seen a 78.80% increase in median value, while Units have seen a 234.79% increase. As at 31 October 2024:

  • The median value for Houses in Omeo is $383,299 while the median value for Units is $242,902.
  • Houses have a median rent of $220.
There are currently 8 properties listed for sale, and 1 property listed for rent in Omeo on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Omeo.

Suburb Insights for Omeo 3898

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.