Lot S301 18 Dream Street, Sebastopol VIC

Description

This impressive rooming house property in Sebastopol offers nine private rooms with ensuite bathrooms. The layout is designed for comfort and privacy, making it appealing to a wide tenant base. Located in Dream Estate, it places residents close to essential amenities and transport links. Its modern finishes and well-planned configuration ensure long-term durability. The property provides investors with a strong and consistent rental return.

Suburb profile:

Sebastopol is a thriving suburb situated just five kilometres south of the Ballarat CBD. It offers excellent connectivity with upgraded road networks and direct rail links to Melbourne. The area is supported by a strong community infrastructure including health facilities, early childhood services and multipurpose community spaces. Residents enjoy convenient access to education, retail and recreational amenities. Sebastopol continues to attract steady population growth due to its upgraded services and suburban charm.

Inclusions:

• 6-year structural warranty
• 90-day maintenance warranty
• Building permit application and management
• 75mm Hebel panel with Haymes Grey Impression render finish
• Fully equipped with built-in oven, ceramic cooktop and rangehood
• Stone benchtops, stainless steel sink and dishwasher provisions
• Overhead and base cabinetry with soft close mechanisms
• 20mm YDL Stone benchtop in Silver Stone White
• Polytec melamine base cabinets
• Electrical provisions for freestanding cooktop and bar fridge
• Complete shower system with chrome fittings
• Multiple grab rail safety features
• Individual entry door with smart lock system for each room
• 2.5kW split system air conditioning per room
• Private courtyard fencing between habitable rooms

This modern rooming house property offers a high-yield opportunity and appeals to tenants seeking privacy, convenience and modern living.

Single-person households are on the rise. This trend continues to grow. Experts project a further increase over the next decades, highlighting rising demand for housing suited to individual occupants.

Rooming house properties offer private bedrooms with individual ensuites. They often include living and kitchenette areas that function like compact apartment-style spaces. Tenants value affordability, adaptability and convenience.

Many rooming houses are located in suburban areas that offer close access to transport, shopping and community hubs. This boosts their appeal to a variety of occupants.

Typical rooming house tenants include young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value privacy with convenience.

For investors. rooming houses offer high occupancy, low vacancy and lower turnover than traditional rentals. These properties consistently meet rising demand for flexible and affordable housing.

Rooming houses also offer strong capital growth potential due to their locations near education, employment and transport networks.

Why are rooming houses attractive to investors?

• High Demand: Rooms are in strong demand, ensuring fast occupancy.
• Higher Yields: Often double the suburb average.
• Diverse Tenant Base: Appeals to professionals and older singles.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income even if one room becomes vacant.