OFF MARKET

605 Drummond Street S
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 259m2
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Property Details for 605 Drummond St S, Redan

605 Drummond St S, Redan is a 3 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 259m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1910
Floor Size
93m2
Land Size
259m2
Local Government
Ballarat
Lot/Plan
2/PS317829

Last Listing description (May 2020)

Located in the always popular area of Redan, this neat three bedroom home would make a great additional to your investment portfolio or even a great first home.

- Stunning period home in popular locale

- Separate living, kitchen and meals areas
- Updated throughout and a low maintenance yard
- Located close to schools, supermarkets & shops
- Short drive to the Ballarat CBD & Lake Wendouree
- Currently tenanted to the 26th January 2020

Property History for 605 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$280,000
06 Feb 2020
Listed for Rent
$235/w
10 Jan 2017
  • 06 Feb 2020
    Sold for $280,000
  • 23 Aug 2019
    Listed for Sale $285,000 - $300,000
  • 05 Nov 2016
    Listed for Rent $235 / week
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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.