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Keely vs Sebastopol

Property investment comparison - Keely, VIC 3568 vs Sebastopol, VIC 3356

Head-to-head across core investment metrics: Keely wins 2, Sebastopol wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricKeelySebastopol
Median house price$520K$510K
Median unit price$405K$395K
Gross rental yield (houses)4.33%4.30%
Gross rental yield (units)6.61%4.98%
1-year house growth-+19.1%
3-year house growth-+11.0%
Vacancy rate2.7%0.8%
Population5710,194

Keely vs Sebastopol: what the numbers say

The median house price is $520K in Keely and $510K in Sebastopol, so Sebastopol is the cheaper entry point, with Keely houses about 2% dearer.

For units, Keely sits at a median of $405K against $395K in Sebastopol, which makes Sebastopol the more affordable unit market and Keely the pricier one.

Gross rental yield on houses is effectively level, at 4.33% in Keely and 4.30% in Sebastopol, so neither suburb has a cash flow edge on houses.

Rental vacancy is 0.8% in Sebastopol and 2.7% in Keely, so landlords in Sebastopol face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Sebastopol is the bigger suburb, with a population of 10,194 against 57, roughly 179 times the size of Keely; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sebastopol for a lower purchase price, Sebastopol for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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