OFF MARKET

4/505 Bell Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 160m2
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Property Details for 4/505 Bell St, Redan

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.

Building Type
Unit
Year Built
1990
Floor Size
83m2
Land Size
160m2
Local Government
Ballarat
Lot/Plan
4/SP24895

Last Listing description (November 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.

Property History for 4/505 Bell St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$195,000
05 Oct 2017
Listed for Rent
$210/w
14 Mar 2012
  • 05 Oct 2017
    Sold for $195,000
  • 29 Aug 2017
    Listed for Sale $199,999 - $205,000
  • 17 Feb 2012
    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 2,022 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:

  • The median value for Houses in Redan is $424,153 while the median value for Units is $311,274.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Redan.

Suburb Insights for Redan 3350

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Disclaimer
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.