5 Vale St, Sebastopol is a 6 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 915m2. While the property is not currently for sale or for rent, it was last transferred in September 2015.
Located on a quiet street in Alfredton, this block of units has been well maintained and has good long-term renters.
Consisting of 5 units, Unit 1 is a 2-bedroom unit at the front and there are four more 1-bedroom units. There are also 5 renter carparks on a large block of approximately 915sqm. The current owners have found it a good low-maintenance investment with an excellent yield over many years. With a yield over 5%, this will be a sound long-term investment property.
Each unit consists of an open plan living space with kitchen/meals/lounge with breakfast bar, a bedroom with a built-in-robe and a bathroom/laundry with a shower and toilet. Unit 1 has an additional study/bedroom. Each unit has an electric upright cooker and split system reverse cycle system for heating and cooling.
All sitting on one title, the units are separately metered for water and electricity. Recently, the roof has been resealed, external painting done and new front doors fitted.
The property is located close to Victoria Park, Lake Wendouree and the Aquatic Centre and has Aldi close by and is a short drive to Delacombe Town Centre. Nearby are also schools, medical and pharmacy services and it is close to bus routes.
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 2016 was 10032 people. By 2021 the population was 10194 showing a population growth of 1.6% 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 2021, 55.80% of the homes in Sebastopol were owner-occupied compared with 55.60% in 2016.
Sebastopol has 6,453 properties. Over the last 5 years, Houses in Sebastopol have seen a 38.26% increase in median value, while Units have seen a 32.06% increase. As at 28 February 2026:
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