Beautifully positioned to meet the needs of central Ballarat buyers looking for their next building site. 309m2 of prime real estate with easy access into town, shopping precincts schools and transport. Very rare to find a parcel of land within close proximity to Ballarat township and all of its conveniences.
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:
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