Download your FREE reports now!

Investment Property Redan, VIC, 3350

Suburb Snapshot

Redan is a suburb in the Ballarat Region of Victoria. Redan has a population of 2,881 people and 39.93% of its occupants live in rental accommodation. The median listing price for houses is $450,000 and this has changed 0.00% over the past year and changed -5.27% over 2 years.

The median rent in Redan for houses is $375 per week and the median rental yield is 4.33%. Stock on the market for houses/townhouses has changed -38.89% compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $315,000 and this has changed -12.38% over the past year. The average unit takes 92 days to sell and the median rent for a unit in Redan is $320 per week, producing a rental yield of 5.28%.

Supply & Demand in Redan, Ballarat

0.83%

Current vacancy rate


15

Rental stock available


2,881

Population


39.93%

Rental population


0.91%

Current vacancy rate


505

Rental stock available


101,686

Population


27.33%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Redan, Ballarat

  House Townhouses Units
Median listing price $450,000 NA $315,000
Median price change - last quarter 0.11% -2.66% -2.18%
Median price change - 1 year 0.00% NA -12.38%
Median price change - 2 years -5.27% NA -10.00%
  House Townhouses Units
Median weekly rent $375 $375 $320
Median yield % 4.33% NA 5.28%
Median rent change - 1 year 0.00% NA 3.22%
  House Units
Previous month sales 5 1
Stock on market previous month 22 5
Stock variance vs. last year -38.89% -28.57%
Average days on market 120 92

Redan investment property listings

Showing 5 of 72 investment properties found in Redan on realestateinvestar.com.au

612A Talbot Street South, Redan

$595,000

property pic

Classic Charm Meets Modern Living

Beautifully renovated throughout, this charming Redan home perfectly blends period character with modern style and convenience. Positioned on approximately 558m² and just minutes from the Ballarat CBD, the home is ideal for first home buyers, downsizers or investors alike. Featuring a stunning ...

Get more info on this property
rei

3

rei

1

rei

0

House

VIC 3350


604 Ascot Street South, Redan

$575,000

property pic

Timeless Mid-Century Gem only Moments from the CBD

Perfectly positioned on a quiet, tree-lined street just moments from the heart of vibrant Ballarat, this unique mid-century residence presents an exciting opportunity to secure a character-filled home with outstanding flexibility, charm and future potential. Showcasing a striking split-level ...

Get more info on this property
rei

3

rei

1

rei

2

House

VIC 3350


704 Windermere St, Redan

$699,000

property pic

Where Period Elegance Meets Contemporary Luxury

Presenting an extremely rare opportunity to secure a stunning character home that has undergone an amazing transformation. Fully restored and tastefully renovated from front to back, this exceptional residence combines striking original character with high-end modern finishes, all wrapped in a ...

Get more info on this property
rei

3

rei

2

rei

1

House

VIC 3350


1/110 Leith St, Redan

$545,000

property pic

Contemporary Comfort & Convenience In a Beautifully Renovated To

Beautifully renovated and perfectly positioned, this impressive three-bedroom townhouse offers the ideal blend of modern style, comfort and convenience. Located within easy walking distance to Woolworths, Aldi, UFS Pharmacy, public transport and a range of everyday amenities, the home presents an ...

Get more info on this property
rei

3

rei

3

rei

1

House

VIC 3350


2/613 Talbot Street South, Redan

$270,000

property pic

Exceptionally Spacious Unit with Rare Private Courtyard

Ideally located on a quiet street, only moments from the heart of vibrant Ballarat, this exceptionally spacious, brick, low maintenance unit with its own private courtyard will make an ideal first home, downsizing option or set and forget, high yield investment property. - Large bedroom with ...

Get more info on this property
rei

1

rei

1

rei

1

Unit

VIC 3350


Navigate to more Suburbs, Regions or States