OFF MARKET

2/518 Talbot Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 103m2
Land area: 270m2
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Property Details for 2/518 Talbot St S, Redan

2/518 Talbot St S, Redan is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 270m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
2000
Floor Size
103m2
Land Size
270m2
Local Government
Ballarat
Lot/Plan
2/PS329904

Last Listing description (June 2017)

Neat as a pin, this 2 bedroom brick veneer townhouse ticks so many boxes!
It is the perfect home to downsize to, or a great investment, only minutes drive from the centre of Ballarat.

The home has a large master bedroom, WIR and direct access to the two-way bathroom.

The additional bedroom has a BIR.

Set overlooking a reserve, the home has a lovely light leafy outlook from all the living areas.
The sizeable lounge features a large bay window and gas heating.
The kitchen is a good size with decent storage space and a breakfast bar.
This then flows into the meals area which has direct access to the lovely undercover alfresco area suitable for year round use.
The paved courtyard is extremely low maintenance and the property comes with a SLUG.
Currently rented for $250 per week on a periodical lease.
Close to shops, transport and parklands.

Property History for 2/518 Talbot St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$250,000
27 Mar 2015
  • 27 Mar 2015
    Sold for $250,000
  • 27 Jan 2015
    Listed for Sale $255,000
  • 16 Apr 2008
    Sold for $180,000
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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 28 properties listed for sale, and 4 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.