SOLD
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Sold on 08 Oct 2024 for $325,000

1/714 La Trobe Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/714 La Trobe St, Redan

1/714 La Trobe St, 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 October 2024. There are other 2 bedroom Unit sold in Redan in the last 12 months.

Building Type
Unit
Local Government
Ballarat
Lot/Plan
1/SP28797

Last Listing description (October 2024)

Introducing 1/714 La Trobe Street, Redan – a rare opportunity for first home buyers, investors, or those seeking a manageable renovation project. Set on an approximately 315m² block, this 2-bedroom unit offers original charm and potential, awaiting your personal touch.

Conveniently located near the heart of Ballarat, this property ensures easy access to the CBD, Delacombe Town Centre, and an array of parks, sporting fields and Blake's family grocers a short walk away. Whether you're looking to embrace the vibrant local lifestyle or add value through renovations, this unit provides the perfect canvas.

With two well-sized bedrooms, this home offers a practical layout for comfortable living. The block's size adds the bonus of outdoor space – a rare feature for units in this area. With the north facing backyard ideal for low maintenance entertaining yet brimming with potential for those eager to upgrade and modernize.

Secure this affordable entry into Redan's growing property market and make 1/714 La Trobe Street your next smart investment.

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Property History for 1/714 La Trobe St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$325,000
08 Oct 2024
  • 08 Oct 2024
    Sold for $325,000
  • 02 Oct 2024
    Listed for Sale UNDER CONTRACT TEAM YPA
  • 09 Apr 2001
    Sold for $90,000
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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 2,023 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 29 properties listed for sale, and 8 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Redan.

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