OFF MARKET

117 Winter Street
Redan VIC 3350

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 205m2
Land area: 978m2
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Last updated 11 Nov 2024
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Property Details for 117 Winter St, Redan

117 Winter St, Redan is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 978m2 and floor size of 205m2.

Building Type
House
Year Built
1990
Floor Size
205m2
Land Size
978m2
Local Government
Ballarat

Last Listing description (January 2022)

I am pleased to offer to the market this unique and rare opportunity to secure yourself a fantastic dual dwelling property. This stunning property has so much potential and versatility but without the Newington price tag. Offering dual dwellings on the block it is set up perfectly to allow for several options, from a large family, to business, to a multiple income portfolio.

Offering 4 bedrooms plus study area in the main body of the home
Master bedroom with built in robes, split system. ceiling fan and lounge with large windows overlooking the front yard

Multiple living areas with the main living having bay window, gas log fire and ceiling fan
Immaculate home which has been exceptionally well kept inside and out
Kitchen with electric cooking and overlooking the bird aviary
Kitchenette in the second living area ideal if living with your parents.
Multiple areas in the undercover and enclosed entertaining area
Beautiful Victorian frontage with ceiling roses through the home
Situated on a generous 977sqm block with plenty of off street parking
Second self contained unit with one bedroom, bathroom, kitchen & living area
Current renter in 'Bethel' the self contained unit happy to stay on paying $550 per fortnight
Ideal set up for those looking for some extra help with the mortgage to continue renting out the self contained unit
Overlooking Victoria Park perfect for walking the dogs or taking the kids to play
Walking distance to Ballarat High School, Loreto College & Clarendon College
Walking distance to Lake Wendouree
A short drive to the Ballarat CBD and Railway Station
Walking distance to Morshead Park and a short drive to the Delacombe Town Centre
Great investment with potential combined return through B&B and renters of $1,865 per week

Property History for 117 Winter St, Redan, VIC 3350

A timeline of how this property has performed in the market
  • 05 Aug 2021
    Listed for Sale $750,000 - $775,000
  • 23 Aug 2014
    Listed for Sale $639,000
  • 11 Apr 2014
    Listed for Sale $470,000 - $485,000

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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 30 properties listed for sale, and 7 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 77 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.