OFF MARKET

3/112 Park Street E
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 225m2
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Property Details for 3/112 Park St E, Redan

3/112 Park St E, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 225m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1980
Floor Size
99m2
Land Size
225m2
Local Government
Ballarat
Lot/Plan
3/PS302541

Last Listing description (June 2023)

The property is part of a complex of only four units situated on Park Street East Redan, which is in a quiet residential tree-lined street.

The unit itself is a single-story dwelling with a brick exterior, it features two large bedrooms with BIR's, a bathroom with separate shower and bath, and a combined living and dining area. The kitchen is well equipped with ample storage including a gas stove, oven, and dishwasher. The living and dining area is spacious and receives plenty of natural light.

The property has a lovely outdoor undercover patio area and good size backyard siting on approximately 225 m2. There is also a single lock up garage for parking.

The location of 3/112 Park Street East Redan is highly convenient, with easy access to public transport, shops, and other amenities. The property is within walking distance of local schools, parks, and community facilities. It is also just a short drive from the Ballarat CBD, be sure to inspect this property today!

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Property History for 3/112 Park St E, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$331,500
16 May 2023
Listed for Rent
$190/w
20 Jun 2009
  • 16 May 2023
    Sold for $331,500
  • 28 Feb 2023
    Listed for Sale $329,000 - $349,000
  • 13 Jun 2009
    Listed for Rent - Price not available
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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.

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