OFF MARKET

1/519 Drummond Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 270m2
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Property Details for 1/519 Drummond St S, Redan

1/519 Drummond St S, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 270m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1980
Floor Size
85m2
Land Size
270m2
Local Government
Ballarat
Lot/Plan
1/RP11689

Last Listing description (April 2019)

For those who dream of low maintenance simplicity without skimping on style, functionality or convenience, this well-presented townhouse will immediately impress.
Sitting to the front of a quiet neat complex of six strata titled townhouses, this delightful brick veneer single level residence delivers the modern comforts and uncompromised privacy for singles, couples, first homebuyers or investors alike.
Leased by the one tenant for 12 years at $200pw, proves that this real estate meets all the requirements of a perfect investment or an ideal home.

The comfortable floorplan showcases a spacious gas heated lounge room infused with light, providing a great place to entertain or simply stretch out and relax, while the dining area and the timber kitchen are welcoming, with plenty of storage and a gas & electric cooking.
There are two well sized bedrooms with built in robes, a centrally located family bathroom, separate toilet and laundry with further enhancements including neutral colours, a single carport to the side, a garden shed and enough room to sit in the sunshine or potter in the garden.
This home is located just minutes from a flurry of facilities including reputable primary and secondary schools, public transport, shops and various recreational parks and reserves.

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Property History for 1/519 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$320,000
08 Apr 2021
  • 08 Apr 2021
    Sold for $320,000
  • 28 Feb 2019
    Sold for $250,000
  • 31 Jan 2019
    Listed for Sale $250,000
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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 2,015 properties. Over the last 5 years, Houses in Redan have seen a 30.24% increase in median value, while Units have seen a 29.93% increase. As at 31 August 2024:

  • The median value for Houses in Redan is $425,135 while the median value for Units is $335,114.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Redan.

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