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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 -6.06% over the past year and changed 5.88% over 2 years.

The median rent in Redan for houses is $380 per week and the median rental yield is 4.39%. Stock on the market for houses/townhouses has changed -16.67% compared to last year and the average time to sell a house/townhouse is 125 days.The median listing price for units is $359,000 and this has changed 2.57% over the past year. The average unit takes 90 days to sell and the median rent for a unit in Redan is $300 per week, producing a rental yield of 4.34%.

Supply & Demand in Redan, Ballarat

1.12%

Current vacancy rate


20

Rental stock available


2,881

Population


39.93%

Rental population


0.94%

Current vacancy rate


517

Rental stock available


101,686

Population


27.33%

Rental population


0.87%

Current vacancy rate


26,641

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 $359,000
Median price change - last quarter 0.00% NA NA
Median price change - 1 year -6.06% NA 2.57%
Median price change - 2 years 5.88% NA 20.67%
  House Townhouses Units
Median weekly rent $380 NA $300
Median yield % 4.39% NA 4.34%
Median rent change - 1 year 8.57% NA 3.44%
  House Units
Previous month sales 0 0
Stock on market previous month 35 9
Stock variance vs. last year -16.67% 28.57%
Average days on market 125 90

Redan investment property listings

Showing 5 of 40 investment properties found in Redan on realestateinvestar.com.au

602 Darling St, Redan

$745,000

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Magnificent 7-Bedroom Modern Home in Redan, Victoria - Ideal for

** Inspections by private appointment only** Welcome to 602 Darling Street, Redan, Victoria 3350 - a spectacular 7-bedroom home designed for contemporary living and endless possibilities. This expansive property is perfect for those seeking a blend of luxury, functionality, and versatility. Step ...

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House

VIC 3350


5 Cloud Cl, Redan

$350,000

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NEAT & TIDY TOWNHOUSE IN REDAN

Nestled in the charming locale of Redan, this exceptional townhouse beckons with its quality and graces a comfortable 236m2 (approx) plot of land. An enticing sanctuary awaits within, promising an unparalleled lifestyle just a short drive from the vibrant heart of Ballarat CBD and the Delacombe ...

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Townhouse

VIC 3350


622 Bell St, Redan

$475,000

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Immaculate Family Home in Prime Location

Nestled in a quiet street yet conveniently positioned just moments away from the Ballarat CBD, public transport, schools, and shops, this immaculately presented home offers a perfect blend of comfort, convenience, and style. Boasting a prime location directly across from Bray Raceway, this ...

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House

VIC 3350


717 Ripon Street South, Redan

$465,000

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Charming Brick Home Offering Endless Possibilities

Nestled on a corner allotment of approximately 561m2, this solid brick home is a versatile gem, catering to a spectrum of lifestyles. Whether you're a first-time homebuyer, an astute investor, or someone seeking a downsizing opportunity, this property is a canvas ready for your personal touch. ...

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House

VIC 3350


713 La Trobe St, Redan

$460,000

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Charming 3 Bedroom Home In Central Redan

Situated in the heart of central Redan, this charming 3-bedroom residence offers convenience and comfort in one package. Surrounded by essential amenities, this location boasts proximity to schools, parks, and just a short stroll away from Blakes family grocer and Anytime Fitness, ensuring that ...

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House

VIC 3350


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