3/607 Talbot Street SRedan VIC 3350
Property Details for 3/607 Talbot St S, Redan
3/607 Talbot St S, Redan is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 51m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (September 2020)
Here is a chance to individually own your own! Situated in a quiet complex of five in the inner city suburb of Redan is a neatly presented one bedroom unit.
This little gem boasts a spacious bedroom with built in robe, a modern open plan kitchen meals area, living zone, a space heater plus a combined bathroom/laundry with shower and separate toilet.
Recently updated with deep grey carpet and freshly painted solid acoustic brick walls, this unit is ideal for those entering the real estate market, young couples or retirees looking for a smart home to entertain or relax without fuss.
The kitchen has been designed with stainless steel appliances, timber look floors and a soft latte stacked splash back, while the storage space is ample to store things effortlessly.
A single carport is available with easy access, while using your car will be minimal with walking distance to Maxi Food supermarket complex and various outlets along Latrobe street.
Further benefits include a 5-minute trip to the hospital or CBD, parks, educational and recreational choices along with public transport close by.
Currently leased on a month by month basis for $165 per week, this unit is right on the mark with investment return, while also providing an ideal abode to begin your new independent living arrangement.
Property History for 3/607 Talbot St S, Redan, VIC 3350
- 13 Aug 2020Sold for $170,000
- 25 May 2020Listed for Sale $175,000
- 29 Nov 2018Listed for Rent $165 / week
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0About 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 30.24% increase in median value, while Units have seen a 29.93% increase. As at 31 August 2024:
- The median value for Houses in Redan is $425,135 while the median value for Units is $335,114.
- Houses have a median rent of $380 while Units have a median rent of $340.
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