OFF MARKET

5/519 Drummond Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 198m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 5/519 Drummond St S, Redan

5/519 Drummond St S, Redan is a 2 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 198m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1978
Floor Size
78m2
Land Size
198m2
Local Government
Ballarat
Lot/Plan
5/RP11689

Last Listing description (October 2023)

This centrally located brick townhouse finds itself on one of Ballarat's most sought after tree lined streets. Being positioned within walking distance to cafes, shopping, schooling, public transport and a short distance to Ballarat CBD, you will have more than the essentials at your fingertips. Inside the home you will find two well sized bedrooms, both equipped with built in robes. The kitchen consists of timber joinery and is open to the dining space, while there is a spacious separate living room. The family bathroom has seen recent updates while there is also a full laundry and linen cupboard. The home has newly installed lino flooring and enjoys plenty of natural lighting, while also being serviced by a wall heater and split system for all year round comfort. Outside you have a well spaced and low maintenance courtyard to enjoy the fresh air, as well as a small shed for storage. A single garage allows for secure parking. This home has seen updates and allows for an exciting and convenient lifestyle near the Ballarat CBD. Make your enquiries now, we look forward to meeting you at another busy Ballarat Real Estate open home.

TH0105

Property History for 5/519 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$320,000
11 Aug 2023
  • 11 Aug 2023
    Sold for $320,000
  • 30 Nov 2022
    Listed for Sale $319,000 - $339,000
  • 07 Dec 2021
    Sold for $305,000
Sign in to see more transactions

Commute Calculator

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 28 properties listed for sale, and 4 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

Market Insights
Redan Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Redan Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.