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City of Ballarat
Sebastopol

Sebastopol Property Market
& Suburb Profile

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MEDIAN PRICES IN SEBASTOPOL

Median house price

(all agencies, last 12 months)$470k*

House price change

(all agencies, last 12 months)+14.63%

Median unit price

(all agencies, last 12 months)$355k*

Unit price change

(all agencies, last 12 months)+1.43%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

SEBASTOPOL PRICE TRACKER

HousesUnits

SEBASTOPOL SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)36

Average days on market (units)

(all agencies, 12 months)43

Average held period in Sebastopol

(proptrack)9 years

SEBASTOPOL INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$413pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$353pw

Unit rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)4.34%

Average rental yield for Units

(all agencies, last 12 months)4.48%

Sebastopol total population size

(as at the last census)10,194

Median household size in Sebastopol

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

SEBASTOPOL PROPERTY TYPES

  • Houses 51%
  • Units 16%
  • Other 33%

OCCUPANCY IN SEBASTOPOL

  • Owned 56%
  • Rented 40%
  • Other/Not Stated 4%
  • Singles 38%
  • Families 58%
  • Other 4%

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ABOUT SEBASTOPOL

Sebastopol is a large and historically significant suburb located approximately four kilometres south of the Ballarat city centre.

Originally established as a separate borough, its identity was forged during the mid-1850s gold rush, particularly through its "deep lead" mining ventures. The suburb's name is famously linked to the Siege of Sevastopol during the Crimean War, a conflict that was contemporary to the town's gazettal and is further reflected in local street names like Alma, Inkerman, and Raglan.

The character of Sebastopol is defined by its transition from an industrial mining powerhouse to a bustling residential and commercial hub. During the peak of the gold era, the area was home to some of the richest mines in the world, including the famous Band of Hope and Albion Consols. This industrial past left a permanent mark on the landscape; while many of the mullock heaps have been leveled, the suburb’s topography is characterized by the high ground of the Plateau and the lower-lying areas along the Yarrowee River.

Today, Sebastopol serves as a vital southern gateway to Ballarat. The main thoroughfare, Albert Street, is a vibrant commercial spine lined with a mix of historic hotels, mid-century storefronts, and modern retail developments. Despite its urban growth, the suburb retains a strong sense of community and a distinct working-class heritage. It is home to a variety of educational and recreational facilities, including the long-standing Sebastopol Primary School and the Marty Busch Reserve, which hosts local sporting clubs and community events.

Environmentally, the suburb is anchored to the east by the Yarrowee River and the associated Redan Wetlands. This corridor provides a significant natural escape from the suburban grid, featuring the Yarrowee River Trail for walkers and cyclists. The landscape is a blend of traditional quarter-acre blocks with established gardens and newer, higher-density developments. With its blend of deep historical roots, extensive local amenities, and proximity to the Ballarat CBD, Sebastopol remains one of the city's most resilient and diverse residential districts.

Education

Ballarat Christian College
Phoenix P-12 Community College
Sebastopol Primary School
St James' School
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SEBASTOPOL MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025415$412,50014.63%362$383pw4.41%
2024311$380,000-6.81%368$373pw4.90%
2023236$396,000-7.37%278$355pw4.59%
2022255$417,50013.91%283$336pw4.14%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025415$412,500+14.63%
2024311$380,000-6.81%
2023236$396,000-7.37%
2022255$417,500+13.91%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025362$383pw4.41%
2024368$373pw4.90%
2023278$355pw4.59%
2022283$336pw4.14%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.