OFF MARKET

530 Quarry Lane
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 242m2
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Property Details for 530 Quarry Lane, Redan

530 Quarry Lane, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 242m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2016
Floor Size
94m2
Land Size
242m2
Local Government
Ballarat
Lot/Plan
5/PS715351

Last Listing description (March 2024)

Located on edge of Ballarat CBD
Master with WIR and own split system heating & cooling
Second bedroom with BIR

Central bathroom with direct access from master
Kitchen with walk in pantry and all electric cooking
Second split system in open plan living for year-round comfort
Low maintenance established gardens
Undercover entertaining deck directly off living space
Single lock up garage with direct access to house

Pets subject to application process
No internal smoking
We reserve the right to decline video footage being taken

PLEASE NOTE: WE REQUIRE YOU TO REGISTER FOR INSPECTIONS.
This ensures you are kept up to date with any changes or cancellations that may occur, and helps to avoid queues at the inspection.
Please note that applications will not be processed until an inspection of the property has been completed.

Property History for 530 Quarry Lane, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$500,000
06 Oct 2022
Listed for Rent
$400/w
01 Mar 2024
  • 24 Jan 2024
    Listed for Rent $400 / week
  • 07 Dec 2022
    Listed for Rent $395 / week
  • 06 Oct 2022
    Sold for $500,000
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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.
There are currently 30 properties listed for sale, and 10 properties listed for rent in Redan on OnTheHouse. According to CoreLogic's data, 75 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.