27 Rimmington Drive, Sebastopol VIC 3356
27 Rimmington Drive, Sebastopol VIC 3356
3 bed family house | 665m² block | quiet street demand | mid-suburb positioning | off-market opportunity
This property sits as a practical, mid-sized family house in a street where detached homes on 630–716m² blocks are the established norm. The 3/2/2 configuration is well matched to buyers seeking single-level suburban living with room for a backyard, without the premium attached to larger 4-bedroom offerings nearby. It serves best as an entry-to-mid family home, appealing to owner-occupiers who value functional layout, garage capacity, and proximity to local schools and services. The quiet street character and consistent lot sizes in this pocket suggest stable demand from value-focused buyers rather than speculative investors.
Value may be shaped by how the internal condition and presentation compare to recently upgraded homes in the same street, where modernised kitchens and high ceilings have set a benchmark. The bushfire overlay flagged on nearby profiles could influence insurance costs, and the absence of flood or heritage constraints supports straightforward due diligence. Buyers should weigh the potential for renovation upside against the likelihood that this house trades in line with the suburb’s mid-range family stock, where land size and layout carry more weight than premium finishes.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Rimmington Drive, Sebastopol VIC 3356
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
This suburb’s market is defined by a mature, trade-heavy workforce, with a median age of 41 and a housing stock split 73% houses and 27% units. Demand comes from a mix of owner-occupiers and investors, given 33% owned outright, 31% mortgaged, and 36% rented. House prices sit at $475,000 after 13.1% annual growth, though days on market vary sharply from 21 to 42, and quarterly growth figures range from 2.3% to 13.1% depending on source. Units are weaker, with medians between $348,000 and $361,150 and negative quarterly growth of around -1.1%. Gross yields are solid: 4.5–5.2% for houses and 5.0–5.6% for units, supported by weekly rents of $410 and $370 respectively. Future growth drivers are unclear, as infrastructure, school, and vacancy data are unavailable; constraints include possible unit oversupply and rate sensitivity given the 31% mortgaged cohort.
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PropCred Estimated Value
Comparable Sales: 11 Rimmington Drive sold June 2024 for $585,000; 33 Rimmington Drive guided $585k–$615k | Property Price Band: $580,000–$680,000 | Value Drivers: land size, internal condition, street position
Bedrooms
3
Bathroom
2
Parking
2
Land
665m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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