VIC, 3350 - Ballarat

Thinking about buying in Redan? Now could not be a better time, with 2136 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $509,000 with prices in this suburb ranging from $158,000 to $1,637,000. The aproximate distance to the coast is 72 Km.

Household Makeup

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

Housing Stock

Average Property Prices

1 Bed  $390,000
2 Bed  $403,000
3 Bed  $566,000
4 Bed  $654,000
5 Bed  $795,000
6 Bed+$613,000

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.

Houses for sale Redan

Buxton UNIT 3, 801 RIPON ST SOUTH, REDAN, VIC, 3350 Beds2 Bathrooms2 Parking 1 $330,000 - $350,000
Buxton 507 WINDERMERE ST, REDAN, VIC, 3350 Beds4 Bathrooms1 Parking 2 $530,000 - $550,000
Buxton 1005 RIPON ST SOUTH, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 2 $425,000 - $465,000
Buxton 507 TALBOT ST SOUTH, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 7 $795,000 - $835,000
Buxton UNIT 2, 119 LONSDALE ST, REDAN, VIC, 3350 Beds3 Bathrooms2 Parking 2 $465,000 - $495,000
Buxton 713 LA TROBE ST, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 2 $445,000 - $475,000
Buxton 602 DARLING ST, REDAN, VIC, 3350 Beds7 Bathrooms3 Parking 2 $695,000 - $745,000
Buxton 607 WINDERMERE ST, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 1 $450,000 - $475,000
Buxton UNIT 1, 110 COOKE ST, REDAN, VIC, 3350 Beds Bathrooms $210,000
Fletchers UNIT 1, 910 RIPON ST SOUTH, REDAN, VIC, 3350 Beds2 Bathrooms1 Parking 1 For Sale $510,000 - $530,000
PRD 401 LA TROBE ST, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 2 $449,000-$469,000
PRD 811 SEBASTOPOL ST, REDAN, VIC, 3350 Beds2 Bathrooms1 Parking 1 $650,000
Ray White 117 PARK ST EAST, REDAN, VIC, 3350 Beds4 Bathrooms2 Parking 2 645000
Ray White 518 ASCOT ST SOUTH, REDAN, VIC, 3350 Beds3 Bathrooms1 Parking 2 395000
Ray White 5 LEITH ST, REDAN, VIC, 3350 Beds3 Bathrooms2 Parking 5 550000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Redan weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mount PleasantNewingtonBallarat CentralDelacombeGolden PointSebastopolBakery HillLake WendoureeSoldiers HillBonshaw

Public Transport

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!