OFF MARKET

12 Leith Street
Redan VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 96m2
Land area: 847m2
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Last updated 2 Sep 2024
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Property Details for 12 Leith St, Redan

12 Leith St, Redan is a 3 bedroom, 2 bathroom House. The property has a land size of 847m2 and floor size of 96m2.

Building Type
House
Floor Size
96m2
Land Size
847m2
Local Government
Ballarat
Lot/Plan
1/TP110397

Last Listing description (July 2023)

- Unique opportunity, a dual income dwelling on one title
- Impressive 847 sqm allotment, perhaps a multi-unit site (STCA)
- Dwelling is very modest in condition, needs a thorough update

- Currently returning $17,940 pa, handy income whilst planning
- Outstanding location, so close to major shopping and CBD

Property History for 12 Leith St, Redan, VIC 3350

A timeline of how this property has performed in the market
  • 12 Jan 2023
    Listed for Sale $440,000 - $460,000

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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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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.