Sebastopol vs Wallacedale
Property investment comparison - Sebastopol, VIC 3356 vs Wallacedale, VIC 3303
Head-to-head across core investment metrics: Sebastopol wins 2, Wallacedale wins 1. 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.
| Metric | Sebastopol | Wallacedale |
|---|---|---|
| Median house price | $510K | $510K |
| Median unit price | $395K | $380K |
| Gross rental yield (houses) | 4.30% | 2.23% |
| Gross rental yield (units) | 4.98% | 3.08% |
| 1-year house growth | +19.1% | - |
| 3-year house growth | +11.0% | - |
| Vacancy rate | 0.8% | - |
| Population | 10,194 | 94 |
Sebastopol vs Wallacedale: what the numbers say
Houses cost about the same in both suburbs: the median house price is $510K in Sebastopol and $510K in Wallacedale.
For units, Sebastopol sits at a median of $395K against $380K in Wallacedale, which makes Wallacedale the more affordable unit market and Sebastopol the pricier one.
On cash flow, Sebastopol leads: houses there return a gross rental yield of 4.30%, compared with 2.23% in Wallacedale, a gap of 2.07 percentage points.
Sebastopol is the bigger suburb, with a population of 10,194 against 94, roughly 108 times the size of Wallacedale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Sebastopol for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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