OFF MARKET

3/203 Bell Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 227m2
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Last updated 30 Sep 2024
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Property Details for 3/203 Bell St, Redan

3/203 Bell St, Redan is a 2 bedroom, 1 bathroom Unit and was built in 1985. The property has a land size of 227m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
1985
Floor Size
97m2
Land Size
227m2
Local Government
Ballarat
Lot/Plan
3/PS312951

Last Listing description (May 2021)

This brick veneer 2-bedroom unit on 227sqm (approx), is a solid choice for investors, a great down-sizer or a fantastic purchase for a first-timer (subject to current lease).

Tucked in a small cluster of only 5 units, 3/203 Bell Street, Redan is currently occupied by fantastic tenants and is currently returning $260/wk.

A spacious living room is filled with light from the north and west and kept comfortable year round with wall-to-wall carpet, a gas wall heater and air-conditioning.

Through an open archway you find the kitchen & meals area which again benefits with natural light from a full-width window on the west side. The kitchen has a large pantry and has a good free-standing gas oven & stove.

Both bedrooms are well sized and feature carpet flooring and built-in robes, while the master also has direct access to the bathroom which includes as shower, bath and single vanity.

Through the separate laundry, the back door exits into a lovely, private, covered deck area, great for relaxing or entertaining. A small lawned area is flanked by garden beds recently filled with colour by the tenants. Access to the single car garage is available from this garden area also.

Just 4-6 mins walk to the bus, post office, APCO convenience store, & approx. 2.3km to the centre of Ballarat, the location is highly sought after.
If a low maintenance property is on your shopping list, this one is a must-see!

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Property History for 3/203 Bell St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$360,000
25 Mar 2021
Listed for Rent
$260/w
15 May 2020
  • 25 Mar 2021
    Sold for $360,000
  • 12 Mar 2021
    Listed for Sale $325,000 - $340,000
  • 26 Mar 2020
    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 2,015 properties. Over the last 5 years, Houses in Redan have seen a 27.36% increase in median value, while Units have seen a 23.67% increase. As at 30 September 2024:

  • The median value for Houses in Redan is $421,774 while the median value for Units is $326,042.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Redan.

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