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RECENT ADVICE
Sold on 21 Aug 2024 for $610,000

103 Darling Street
Redan VIC 3350

Bedrooms: 8
Bathrooms: 3
Car spaces: 2
Floor area: 114m2
Land area: 1021m2
Sold By
Buxton Ballarat
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Property Details for 103 Darling St, Redan

103 Darling St, Redan is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1021m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom House sold in Redan in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
114m2
Land Size
1021m2
Local Government
Ballarat
Lot/Plan
1/TP832245

Last Listing description (August 2024)

This semi-detached or Duplex property on one title affords many varied options for either an owner-occupier or investor alike.

One floorplan offers two bedrooms, one bathroom, kitchen/dining and separate living zone, the second floorplan offers six bedrooms, two bathrooms, an additional separate toilet, study, kitchen/meals and separate living zone.


There is a combination of gas central heating and split-system units for heating/cooling options.

There are currently two month x month leases in place returning approximately $640 per week.

The property could be occupied by the larger family, those wishing to have a Granny Flat attached or for those looking to occupy one half of the dwelling whilst leasing out the other half for a steady income stream.

Undoubtedly the property would benefit from a full make-over and this also puts forward the opportunity to value add to this property.

Set on approximately 1021m2 of land, close to shops and with public transport running by this could be the rare opportunity you have been looking for.

Contact Liam to discuss further.

Property History for 103 Darling St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$610,000
21 Aug 2024
Listed for Rent
$300/w
22 Mar 2023
  • 21 Aug 2024
    Sold for $610,000
  • 07 Jun 2024
    Listed for Sale $675,000 - $725,000
  • 06 Mar 2023
    Listed for Rent $300 / week
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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 2,013 properties. Over the last 5 years, Houses in Redan have seen a 27.36% increase in median value, while Units have seen a 23.67% increase. As at 30 September 2024:

  • The median value for Houses in Redan is $421,774 while the median value for Units is $326,042.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 30 properties listed for sale, and 1 property 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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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.