4/716 Darling StreetRedan VIC 3350
Property Details for 4/716 Darling St, Redan
4/716 Darling St, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 151m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Last Listing description (November 2013)
A bit of TLC on this unit will provide a great return for the next purchaser. The unit comprises 2 large bedrooms, 2 living areas and spacious L shaped kitchen that has plenty of room for a small dining table. It is heated by a gas wall furnace in the lounge room and the archway between the two living areas is a feature of this unit. The bathroom has a standard shower, bath and vanity with a separate toilet, whilst the laundry leads to the large backyard and side area. Other features include the SLUG, an outside toilet gas hot water and possible rear street access. Great opportunity to secure a centrally located investment with over a 5% return.
Property History for 4/716 Darling St, Redan, VIC 3350
- 13 Nov 2013Sold for $165,000
- 03 Oct 2013Listed for Sale $170,000
- 29 May 2007Sold for $136,000
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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 2,022 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.
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