7 Grant Street, Sebastopol VIC 3356
7 Grant Street, Sebastopol VIC 3356
3-bed 2-bath house | 352m² compact block | practical family layout | convenient to shops and schools | strong owner-occupier appeal
A three-bedroom, two-bathroom family house is presented on a compact 352m² block. A practical, single-level layout is offered, which appeals strongly to first-home buyers, young families, and downshifters seeking low-maintenance living. The property is positioned within easy reach of local schools, Sebastopol shops, and Delacombe Town Centre, ensuring everyday amenities are a genuine convenience. This type of detached housing with modest land is well matched to owner-occupier demand in the area, where larger family homes and smaller units exist side by side. The property is best suited to buyers who prioritise function and location over premium finishes or extensive outdoor space.
Future extension potential may be limited by the compact land size, and single-car accommodation could be a perceived drawback. Condition and presentation are likely to be major price factors, especially the kitchen, bathrooms, and flooring. Demand strength for three-bedroom houses in the area should also be weighed, as any market softening might reduce the convenience premium.
>> Comparable Sales: 237 Grant Street house sold at $420,000 and 6/112 Grant Street unit sold at $390,000 | Property Price Band: $500,000–$600,000 | Value Drivers: condition and presentation, land size, practical single-level layout
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Grant Street, Sebastopol VIC 3356
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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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
Bedrooms
3
Bathroom
2
Parking
1
Land
352m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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