OFF MARKET

6/509 Drummond Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 1019m2
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Property Details for 6/509 Drummond St S, Redan

6/509 Drummond St S, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1019m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1950
Floor Size
86m2
Land Size
1019m2
Local Government
Ballarat
Lot/Plan
6/PS630544

Last Listing description (June 2024)

PRD EXPRESS APPROVAL PROPERTY - Inspect the property in the comfort of your home with our 3D Virtual Tour.
Once you have reviewed all photos, simply apply by clicking the 'Apply Now' button on our website.
Alternatively enter your details by clicking the "Get in touch" button on this page and you will receive information on how to apply.

Your application will be processed within 3-5 business days by our Leasing team, then submitted to the Rental Provider
If your application has been shortlisted we will schedule a private inspection.

PRD Ballarat is proud to present for lease 6/509 Drummond Street South, Redan!

*Please note, this property is accessible via a staircase only.

- 2 Bedrooms: 2 large bedrooms both with built in robes
- Combined Bathroom/Laundry: Offering shower, vanity, toilet and washing machine facilities.
- Kitchen: 600MM Gas cooktop, 600MM electric oven and ample bench and storage.
- Separate lounge room.
- Heating/cooling: Gas heating and split system to the lounge area, additional electric panel heaters provided for the bedrooms
- Upstairs unit featuring balcony to the front overlooking the area
- Parking: Shared driveway with dedicated carpark for unit. Ample street parking
- Short drive to Ballarat CBD
- Walking distance local shops
- Short drive to Delacombe Town Centre.
- Close to upcoming Education and Shopping Precincts.
- 12 Month lease term.
- Pets upon application.

Please note: It is the responsibility of the renter to check/research availability of internet access at any property.

Property History for 6/509 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$265,000
06 Oct 2022
  • 14 May 2024
    Listed for Rent $320 / week
  • 06 Oct 2022
    Sold for $265,000
  • 21 Dec 2021
    Listed for Sale $250,000 - $275,000
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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.