Thinking about buying in Redan? Now could not be a better time, with 2136 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $509,000 with prices in this suburb ranging from $158,000 to $1,637,000.
Distance to the coast is 72 Km.
Median Weekly Rent | $266.00 |
Median Monthly Mortgage | $1290.73 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.07 |
Average Age | 38.33 |
Average Income | $698.53 |
Average Cars Per Dwelling | 1.54 |
Average Properties Within 50M | 12 |
1 Bed $390,000 |
2 Bed $403,000 |
3 Bed $566,000 |
4 Bed $654,000 |
5 Bed $795,000 |
6 Bed+$613,000 |
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.
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530 QUARRY LANE, REDAN, VIC, 3350 |
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Price Guide: $495,000 - $520,000 | ||
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112 YARROWEE PDE, REDAN, VIC, 3350 | $430,000 - $450,000 | |||
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205 SUTTON ST, REDAN, VIC, 3350 |
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$270,000 - $290,000 | ||
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UNIT 2, 1010 TALBOT ST SOUTH, REDAN, VIC, 3350 |
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$345,000 - $365,000 | ||
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907 PLEASANT ST SOUTH, REDAN, VIC, 3350 |
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$350,000 - $380,000 | ||
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UNIT 1, 110 COOKE ST, REDAN, VIC, 3350 | $210,000 | |||
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703 SEBASTOPOL ST, REDAN, VIC, 3350 | For Sale $399,000 - $420,000 | |||
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911 PLEASANT ST SOUTH, REDAN, VIC, 3350 |
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$399,000 | ||
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UNIT 4, 609 TALBOT ST SOUTH, REDAN, VIC, 3350 |
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$300,000 - $330,000 | ||
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UNIT 2, 506 BELL ST, REDAN, VIC, 3350 |
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$535,000 | ||
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716A DARLING ST, REDAN, VIC, 3350 |
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$755,000 - $785,000 | ||
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1013 TALBOT ST SOUTH, REDAN, VIC, 3350 |
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$395,000 - $425,000 | ||
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UNIT 4, 112 PARK ST EAST, REDAN, VIC, 3350 |
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$339,000 | ||
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811 SEBASTOPOL ST, REDAN, VIC, 3350 |
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$650,000 | ||
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710 ASCOT ST SOUTH, REDAN, VIC, 3350 |
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$649,000 | ||
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411 COOKE ST, REDAN, VIC, 3350 |
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$475,000 - $495,000 |
St Aloysius' School
Urquhart Park Primary School
Phoenix P-12 Community College
St Patrick's School
Mount Pleasant Primary School
Lumen Christi School
Delacombe Primary School
Ballarat Primary School (Dana Street)
Ballarat Christian College
St Patrick's College Ballarat
(While the above schools are located with the suburb of Redan there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
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