4/209 Lonsdale St, Redan is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 187m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
With a ripper rent return of $180PW this great little unit features a spacious fully enclosed courtyard; single carport with lockable roller door; good sized bedroom (built in robe); combined bathroom/laundry (new shower); electric heating/cooking (new stove and heater); tiled kitchen/dining (ample cupboard space) and carpeted lounge.
Add to this a quiet loation, the renovated low maintenance unit is also within walking distance to local shopping and parkland while Ballarat s CBD is just over 3km away.
Currently leased until October 2017 by an excellent tenant keen to stay on, the unit is all set to go for the investor.
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:
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