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Sold on 13 Mar 2024 for $300,000

4/112 Park Street E
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 4/112 Park St E, Redan

4/112 Park St E, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Redan in the last 12 months.

Building Type
Unit
Local Government
Ballarat
Lot/Plan
4/PS302541

Last Listing description (March 2024)

Nestled on the peaceful Park Street East in Redan, this property is a gem among just four units in a quiet, tree-lined residential street. This single-story dwelling boasts a charming brick exterior and offers a comfortable and convenient lifestyle.

Key Features:
Two Spacious Bedrooms: Both bedrooms come equipped with built-in robes (BIRs), ensuring ample storage space.

Well-Appointed Bathroom: The bathroom features a separate shower and bath, adding to your comfort and convenience.
Combined Living and Dining: The open living and dining area provides a welcoming space to relax and entertain, flooded with natural light.
Functional Kitchen: The well-equipped kitchen boasts generous storage, a gas stove, oven, and a dishwasher.
Outdoor Bliss: Enjoy a delightful outdoor undercover patio area and a generously sized backyard, surrounded by a beautiful garden, all set on approximately 245m2.
Single Lock-Up Garage: Your vehicle is secure in the single lock-up garage.
Convenient Location: This property offers easy access to public transport, shops, and various amenities. You'll find local schools, parks, and community facilities within walking distance. The Ballarat CBD is just a short drive away.

Don't miss the opportunity to inspect this property today! Contact Ballarat's Best-Selling Team to arrange a viewing. It's a chance to own a tranquil haven in a convenient location.

Ballarat's Best Selling Team.

Property History for 4/112 Park St E, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Mar 2024
Listed for Rent
$240/w
19 Nov 2011
  • 13 Mar 2024
    Sold for $300,000
  • 08 Nov 2023
    Listed for Sale $315,000-$325,000
  • 12 Nov 2011
    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 2,015 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.

Suburb Insights for Redan 3350

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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.