OFF MARKET

514 Drummond Street S
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 137m2
Land area: 541m2
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Property Details for 514 Drummond St S, Redan

514 Drummond St S, Redan is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 541m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1920
Floor Size
137m2
Land Size
541m2
Local Government
Ballarat
Lot/Plan
17~84/PP5030

Last Listing description (October 2024)

Welcome to 514 Drummond Street South. This charming period home offers a comfortable and convenient lifestyle in a sought-after location. With its 3 bedrooms, 1 bathroom, and 2 living spaces, this property is perfect for families or a professional couple.

As you step inside, you'll be greeted by a warm and inviting atmosphere. This home offers stunning high ceilings, lead light windows, polished floorboards, and open fireplace. The spacious open plan kitchen and meals area provide plenty of room for relaxation and entertainment, with French Doors opening to a private decking overlooking the backyard. The kitchen is well-equipped with modern appliances, making meal preparation a breeze.

The bedrooms are generously sized, offering a peaceful retreat for everyone. The bathroom is well-appointed and features a clawfoot bath, shower, vanity, and toilet.

Outside, the property boasts a generous land area of 541 sqm, providing ample space for outdoor activities and private parking for your vehicle. The backyard is perfect for hosting gatherings or simply enjoying the outdoors!

Located in the highly desirable Redan area, this property is close to schools, parks, hospitals, and minutes away from Ballarat's CBD

With a price guide of $545,000 - $565,000, this property represents great value for money. Don't miss out on the opportunity to make this house your new home. Contact me today to arrange an inspection and secure this fantastic property for yourself.

Ballarat's Best-Selling Team

Property History for 514 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$535,000
10 Aug 2023
Listed for Rent
$370/w
08 Jul 2021
  • 10 Aug 2023
    Sold for $535,000
  • 24 Jul 2023
    Listed for Sale $545,000 - $565,000
  • 16 Nov 2022
    Listed for Sale $548,000 - $598,000
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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 2,022 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 30 properties listed for sale, and 7 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

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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.