OFF MARKET

1/509 Bell Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 239m2
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Property Details for 1/509 Bell St, Redan

1/509 Bell St, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 239m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2009
Floor Size
86m2
Land Size
239m2
Local Government
Ballarat
Lot/Plan
1/PS619360

Last Listing description (September 2021)

Give your portfolio a good boost with the addition of this little stunner or an excellent opportunity to enter the property market. Situated close to conveniences, this neat & tidy unit will serve you well both in rental & home ownership.

Spacious, low maintenance unit in popular position close to schools, transport and within easy reach of shopping & recreational parks
Two excellent sized bedrooms both with BIR's with a central family bathroom

The well-appointed, spacious kitchen boasts high quality appliances, laminate benchtops & ample storage
The open plan kitchen/dining/living space offers an abundance of natural light with plenty of space to entertain
Ensure comfort all year round with gas central heating & split system cooling for warmer days
Other features include a single lock up garage with direct access & European laundry
Externally set to the front of a complex of 3 units, this home has low maintenance gardens & a private courtyard for outdoor entertaining
This will be sure to catch the watchful eye of an astute investor with an estimated rental return of $280 per week

Property History for 1/509 Bell St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$365,000
12 Jul 2021
Listed for Rent
$240/w
26 Oct 2010
  • 12 Jul 2021
    Sold for $365,000
  • 01 Jul 2021
    Listed for Sale $365,000 - $375,000
  • 28 Jun 2013
    Sold for $229,000
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About Redan 3350

The size of Redan is approximately 2.2 square kilometres. It has 5 parks covering nearly 27.1% of total area. The population of Redan in 2011 was 2,975 people. By 2016 the population was 2,893 showing a population decline of 2.8% in the area during that time. The predominant age group in Redan is 20-29 years. Households in Redan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redan work in a professional occupation. In 2011, 52.7% of the homes in Redan were owner-occupied compared with 48.5% in 2016.

Redan has 2,022 properties. Over the last 5 years, Houses in Redan have seen a 27.06% increase in median value, while Units have seen a 15.37% increase. As at 31 October 2024:

  • The median value for Houses in Redan is $424,153 while the median value for Units is $311,274.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Redan.

Suburb Insights for Redan 3350

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.