Redan Suburb ProfileVictoria 3350
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Redan has 2,015 properties. Over the last 5 years, Houses in Redan have seen a 30.24% increase in median value, while Units have seen a 29.93% increase. As at 31 August 2024:
- The median value for Houses in Redan is $425,135 while the median value for Units is $335,114.
- Houses have a median rent of $380 while Units have a median rent of $340.
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.
Market Insights
Redan Trends for Houses
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Redan Trends for Units
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Neighbourhood Insights
Age
Population 2,893
0-9
11%
10-19
10%
20-29
17%
30-39
13%
40-49
11%
50-59
14%
60-69
12%
70-79
8%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in REDAN 3350
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0Properties for sale in REDAN 3350
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Properties for rent in REDAN 3350
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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 03/10/2024
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