OFF MARKET

5/505 Bell Street
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 162m2
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Last updated 30 Sep 2024
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Property Details for 5/505 Bell St, Redan

5/505 Bell St, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 162m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
1986
Floor Size
84m2
Land Size
162m2
Local Government
Ballarat
Lot/Plan
5/SP24895

Last Listing description (October 2018)

Situated in the heart of Redan is this well presented, light filled unit, which is secure and safe making this the ideal home for the astute investor or home owner alike. Located a stone's throw from local schools, shops and public transport this property is perfect to add to your investment portfolio or ideal for the retiree, single guy or girl looking for their first home or wanting to downsize. Comprising large open plan kitchen, meals, living area, two bedrooms, the master of king size proportions both with built in robes, large split system for heating and cooling, bathroom with a separate shower, bath, vanity and separate toilet. Outside there is a single lock up garage and small courtyard with low maintenance garden surrounds. This immaculate home is meticulous in presentation from front to back, inside and out so don't wait, call now to book your private viewing today.

Property History for 5/505 Bell St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$225,000
22 Aug 2018
  • 22 Aug 2018
    Sold for $225,000
  • 16 Aug 2018
    Listed for Sale $215,000 - $225,000
  • 23 Sep 1999
    Sold for $76,000
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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 2,015 properties. Over the last 5 years, Houses in Redan have seen a 30.24% increase in median value, while Units have seen a 29.93% increase. As at 31 August 2024:

  • The median value for Houses in Redan is $425,135 while the median value for Units is $335,114.
  • Houses have a median rent of $380 while Units have a median rent of $340.
There are currently 36 properties listed for sale, and 2 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 74 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.