Real Estate Redan, VIC, 3350 Ballarat

Thinking about buying in Redan? Now could not be a better time, with a whopping 2100 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $585,000 with prices in this suburb ranging from $190,000 to $1,075,000.

Distance to the coast is 72 Km.

Instant Valuation

Redan Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Redan due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Redan changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Redan requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Redan we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Redan a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $258.50
Median Monthly Mortgage $1273.10
Median Persons Per Bedroom 0.72
Average Household Size 2.00
Average Age 38.00
Average Income $856.00
Average Cars Per Dwelling 2.15
Average Properties Within 50M 12.00

Typical Property Prices

1 Bed$257,500
2 Bed$438,940
3 Bed$593,041
4 Bed$623,271
5 Bed$565,000
6 Bed +$717,000

Housing Stock

Houses for sale Redan

Barry Plant 17 LEITH ST, REDAN, VIC, 3350 3 1 2 $595,000 - $625,000
Buxton UNIT 1, 501 LEITH ST, REDAN, VIC, 3350 3 2 2 $475,000 - $495,000
Buxton 630 BELL ST, REDAN, VIC, 3350 3 1 2 $680,000 - $720,000
Buxton 101 LONSDALE ST, REDAN, VIC, 3350 3 1 5 $399,000 - $425,000
Buxton 113 LONSDALE ST, REDAN, VIC, 3350 3 1 4 $445,000 - $475,000
Buxton 606 DARLING ST, REDAN, VIC, 3350 3 2 6 $680,000 - $695,000
Buxton 513A SKIPTON ST, REDAN, VIC, 3350 3 1 1 $430,000 - $450,000
Buxton 14A CAMPBELLS CR, REDAN, VIC, 3350 $350,000
Buxton 611 WINDERMERE ST, REDAN, VIC, 3350 4 1 2 $495,000 - $535,000
Buxton 12 LONSDALE ST, REDAN, VIC, 3350 3 1 3 $485,000 - $525,000
Harcourts UNIT 2, 203 BELL ST, REDAN, VIC, 3350 2 1 1 $330,000 - $350,000
Harcourts UNIT 1, 801 SKIPTON ST, REDAN, VIC, 3350 2 1 1 $340,000 - $370,000
PRD 405 DARLING ST, REDAN, VIC, 3350 3 1 1 EOI Closing 17/12/2022 or earlier via private sale
PRD 108 BELL ST, REDAN, VIC, 3350 3 1 2 $460,000 - $470,000
PRD 703 SKIPTON ST, REDAN, VIC, 3350 3 1 3 $750,000
PRD 703 RIPON ST SOUTH, REDAN, VIC, 3350 3 3 5 $779,000
PRD 811 SEBASTOPOL ST, REDAN, VIC, 3350 2 1 1 $650,000

Local Schools

St Aloysius' School

(While the above schools are located with the suburb of Redan there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Redan weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Satellite


Nearby Suburbs

Mount PleasantNewingtonBallarat CentralDelacombeGolden PointSebastopolBakery HillLake WendoureeSoldiers HillBonshaw

Public Transport

Clunes - Greater then 10KM Bullarto - Greater then 10KM Musk - Greater then 10KM Ballarat - Less than 5 KM Daylesford - Greater then 10KM Creswick - Greater then 10KM Ballan - Greater then 10KM

General Points of Interest

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