4/505 Bell St, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 160m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Well-presented unit with plenty of natural light and conveniently located within easy reach of shops, transport, parks and schools. Features large open plan living with gas heating. Kitchen with ample bench space and gas cooking. Two bedrooms, each with built in robes. Bathroom with shower, bath and vanity. Separate toilet. Single lock up garage and low maintenance surrounds. Ideal investment with rent return of $220pw, great long term tenant since 2012 and wanting to continue.
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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