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

	530 QUARRY LANE, REDAN, VIC, 3350	2	1	1	Price Guide: $495,000 - $520,000
	112 YARROWEE PDE, REDAN, VIC, 3350	3	1		$430,000 - $450,000
	205 SUTTON ST, REDAN, VIC, 3350	3	1	1	$270,000 - $290,000
	UNIT 2, 1010 TALBOT ST SOUTH, REDAN, VIC, 3350	2	1	1	$345,000 - $365,000
	907 PLEASANT ST SOUTH, REDAN, VIC, 3350	3	1	2	$350,000 - $380,000
	UNIT 1, 110 COOKE ST, REDAN, VIC, 3350				$210,000
	703 SEBASTOPOL ST, REDAN, VIC, 3350	3	1		For Sale $399,000 - $420,000
	911 PLEASANT ST SOUTH, REDAN, VIC, 3350	2	1	4	$399,000
	UNIT 4, 609 TALBOT ST SOUTH, REDAN, VIC, 3350	2	1	1	$300,000 - $330,000
	UNIT 2, 506 BELL ST, REDAN, VIC, 3350	3	2	2	$535,000
	716A DARLING ST, REDAN, VIC, 3350	4	2	1	$755,000 - $785,000
	1013 TALBOT ST SOUTH, REDAN, VIC, 3350	3	1	2	$395,000 - $425,000
	UNIT 4, 112 PARK ST EAST, REDAN, VIC, 3350	2	1	1	$339,000
	811 SEBASTOPOL ST, REDAN, VIC, 3350	2	1	1	$650,000
	710 ASCOT ST SOUTH, REDAN, VIC, 3350	2	1	1	$649,000
	411 COOKE ST, REDAN, VIC, 3350	2	2	2	$475,000 - $495,000

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General Points of Interest

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