SOLD
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Sold on 05 Dec 2024 for $300,000

2/116 Lonsdale Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 235m2
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Property Details for 2/116 Lonsdale St, Redan

2/116 Lonsdale St, Redan is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 235m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Redan in the last 12 months.

Building Type
House
Land Size
235m2

Last Listing description (December 2024)

Positioned in one of Ballarat's most charming suburbs of Redan, is this quality two-bedroom home that graces a comfortable 235m2 (approx.) This location is popular due to its proximity to the Ballarat CBD, Victoria Park, supermarkets, sporting facilities and medical centres. This brick home features two generous sized bedrooms, both including large built-in robes with ample storage space. The homes large ceiling to floor windows allows for sunlight to flood through the homes connected kitchen, dining and living area. The central bathroom includes a vanity, shower and bath and features a separate toilet while there is also a laundry room. Outside the home you will find a low maintenance yard that can be accessed through the powered single lock up garage. The front of the home also features a small garden and lighting. This home is ready for you to move in and enjoy. The exclusive listing agent Dominic Morrison looks forward to seeing you at another busy Ballarat Real Estate open home.

Property History for 2/116 Lonsdale St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$300,000
05 Dec 2024
Listed for Rent
$260/w
15 Jul 2021
  • 05 Dec 2024
    Sold for $300,000
  • 11 Sep 2024
    Listed for Sale $300,000 - $320,000
  • 02 Jul 2021
    Listed for Rent $260 / 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 2,026 properties. Over the last 5 years, Houses in Redan have seen a 24.56% increase in median value, while Units have seen a 21.82% increase. As at 30 November 2024:

  • The median value for Houses in Redan is $420,127 while the median value for Units is $317,350.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 26 properties listed for sale, and 4 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Redan.

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Dominic Morrison
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Mason Bourke
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