SOLD
Sold on 22 Apr 2024 for $210,000

5/208 Yarrowee Parade
Redan VIC 3350

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 88m2
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Property Details for 5/208 Yarrowee Pde, Redan

5/208 Yarrowee Pde, Redan is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 88m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Redan in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
51m2
Land Size
88m2
Local Government
Ballarat
Lot/Plan
5/PS304928

Last Listing description (June 2024)

This one-bedroom unit is situated in a quiet street in the popular suburb of Redan. This property makes for an amazing investment opportunity that doesn't come by often. The generously sized bedroom includes built in robes. The well sized open plan kitchen, dining and living area includes electric cooktop and oven with an abundance of storage. Featuring a tidy modern styled bathroom. This fantastic home also comes with car port, and sunny rear courtyard.

This property is currently Leased until 30th March 2024 at $180 per week.

Property History for 5/208 Yarrowee Pde, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$210,000
22 Apr 2024
Listed for Rent
$180/w
21 Feb 2023
  • 22 Apr 2024
    Sold for $210,000
  • 15 May 2023
    Listed for Sale $249,000 - $269,000
  • 30 Mar 2020
    Listed for Rent $170 / week
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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 2,023 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 29 properties listed for sale, and 8 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 78 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.