OFF MARKET

530 Drummond Street S
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 460m2
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Property Details for 530 Drummond St S, Redan

530 Drummond St S, Redan is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 460m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
House
Year Built
1880
Floor Size
94m2
Land Size
460m2
Local Government
Ballarat
Lot/Plan
9~84/PP5030

Last Listing description (November 2017)

Here is your chance to own a charming period home with great street appeal on a corner block in the heart of Ballarat!
Close to all the city has to offer, including Lake Wendouree, shopping, cafes, schools and sporting facilities, this property will not disappoint.
The home has 3 good sized bedrooms, renovated kitchen with breakfast bar, updated appliances, separate living area and gas heating.

Outside is a spacious backyard with plenty of off street parking, with potential to further
extend, renovate or develop, ( STCA ) this home is perfect for the investor, couple or first home buyer,
call Steve McCulloch now for an inspection!

Property History for 530 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$280,000
07 Oct 2017
Listed for Rent
$260/w
25 Feb 2017
  • 07 Oct 2017
    Sold for $280,000
  • 17 Aug 2017
    Listed for Sale $270,000 - $290,000
  • 18 Feb 2017
    Listed for Rent - Price not available
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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.