5/519 Drummond Street SRedan VIC 3350
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.
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
- 11 Aug 2023Sold for $320,000
- 30 Nov 2022Listed for Sale $319,000 - $339,000
- 07 Dec 2021Sold for $305,000
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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 2,014 properties. Over the last 5 years, Houses in Redan have seen a 31.85% increase in median value, while Units have seen a 24.26% increase. As at 31 July 2024:
- The median value for Houses in Redan is $426,202 while the median value for Units is $339,718.
- Houses have a median rent of $380 while Units have a median rent of $345.
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