SOLD
RECENT ADVICE
Sold on 23 Aug 2024 for $395,000

2/503 Errard Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/503 Errard St S, Redan

2/503 Errard St S, Redan is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Redan in the last 12 months.

Building Type
House
Local Government
Ballarat
Lot/Plan
2/SP36139

Last Listing description (August 2024)

Welcome to 2/503 Errard Street South Redan! This charming 2-bedroom, 1-bathroom house (on its own title) is the perfect opportunity for first-time homebuyers, downsizers, or investors.

Located in a convenient and sought-after area, this property offers a comfortable and low-maintenance lifestyle. You'll fall in love with the lovely bay window overlooking the beautiful established garden. The open-plan living and dining area is perfect for entertaining guests, while the well-appointed kitchen features modern appliances and ample storage space.

Both bedrooms are spacious and filled with natural light, providing a peaceful retreat at the end of the day. The bathroom is spacious & practical, with a large bathtub and separate walk-in shower.

Outside, the property boasts a private courtyard, ideal for relaxing or enjoying a morning coffee.

Don't miss out on this fantastic opportunity to secure a property in a prime city location. Contact us today to arrange a private inspection and make this house your new home!

Ballarat's Best-Selling Team

Property History for 2/503 Errard St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$395,000
23 Aug 2024
  • 23 Aug 2024
    Sold for $395,000
  • 17 Jun 2024
    Listed for Sale $390,000 - $399,000
  • 10 Nov 1992
    Sold for $85,000
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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.

Suburb Insights for Redan 3350

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Catharina Darken
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Michael Darken
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PRD Real Estate Ballarat
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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.