SOLD
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Sold on 27 Sep 2023 for $380,000

1/711 Ripon Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/711 Ripon St S, Redan

1/711 Ripon St S, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Redan in the last 12 months.

Building Type
Unit
Local Government
Ballarat
Lot/Plan
1/PS328930

Last Listing description (September 2023)

Located in the incredibly popular suburb of Redan, close to the Ballarat CBD, shops, parks and sporting facilities is this well maintained two-bedroom brick unit set on 332m2 approx. Features of the property include spacious bedrooms, light filled kitchen and meals area, spacious lounge room with a split system, gas heater and a neat central bathroom with separate bath and shower. Additional features of the property include a single lock up garage and a beautifully maintained lawn. With vacant possession available, this one won't last long so be quick to inspect.

Property History for 1/711 Ripon St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$380,000
27 Sep 2023
  • 21 Sep 2023
    Sold for $380,000
  • 13 Sep 2023
    Listed for Sale $375,000 - $400,000
  • 11 Mar 2022
    Listed for Sale $390,000 - $410,000
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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 2,014 properties. Over the last 5 years, Houses in Redan have seen a 31.85% increase in median value, while Units have seen a 24.26% increase. As at 31 July 2024:

  • The median value for Houses in Redan is $426,202 while the median value for Units is $339,718.
  • Houses have a median rent of $380 while Units have a median rent of $345.
There are currently 30 properties listed for sale, and 10 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Redan.

Suburb Insights for Redan 3350

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Oscar Currell
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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.