Data released by the Real Estate Institute of Victoria this week shows three bedroom properties in Sebastopol delivered one of the highest yields for regional Victoria at 5.6 per cent.

The data also shows rental yields, which reflects a property’s annual rent as a percentage of the purchase price, in regional Victoria outperformed metropolitan areas over the past year. 

Two-bedroom houses experienced the largest difference with regional Victoria delivering 5.1 per cent return, significantly higher than the 2.8 per cent in metropolitan Melbourne.

Three and four bedroom houses in regional areas delivered yields of 4.8 per cent, compared with 4.3 per cent in Melbourne. With close proximity to amenities and without the overabundance of available properties like Melbourne, Biggin & Scott Central Victoria sales director James Nicol, said Sebastopol has become an ideal position for investors. 

“Investors look for a steady income stream and Sebastopol is sound as a brick, it’s a guarantee” he said.