OFF MARKET

501 Leith Street
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 368m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 501 Leith St, Redan

501 Leith St, Redan is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 368m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1950
Floor Size
120m2
Land Size
368m2
Local Government
Ballarat
Lot/Plan
1/PS730583

Last Listing description (October 2019)

This irresistible three bedroom timber treasure cleverly combines the charm of yesteryear with today's modern touches.

Updated throughout, this heart-warmer provides an original faade with timber like floors, a bathroom with corner spa and a modern kitchen complemented by stainless steel appliances and ample bench space including a breakfast bar.

Filled with light and decorated with a warm neutral palette, this idyllic gem provides a comfortable lounge/dining area with glass sliding doors creating a further place to gather outdoors.

Gas heating and air-conditioning keep the entire place comfortable, with cosy carpet and window furnishings adding to the cosiness throughout the three bedrooms.

A single carport is behind double gates to the side, while a side driveway offers additional parking off the street.

This property is well positioned for shopping, schooling or recreational pursuits, while also providing close by facilities for your personal exercise regime at Morshead Park.

This entry level home is currently tenanted at $255 per week, while further good news presents a well recorded growth for traditional homes with an inner city address.

Property History for 501 Leith St, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$275,000
04 Oct 2019
  • 04 Oct 2019
    Sold for $275,000
  • 12 Sep 2019
    Listed for Sale $270,000
  • 20 Apr 2018
    Sold for $235,000
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.