2/602 Ascot St S, Redan is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. While the property is not currently for sale or for rent, it was last sold in October 2024.
INVEST || DEVELOP || OPPORTUNITY
Consisting of approx. 916m2 with the added bonus of both side and street access, this could be the perfect site for your new house or townhouse development (STCA). On site there are currently two units, both being 2 bedroom, 1 bathroom & both having single lock up garages. Both units are in very solid condition and are currently let to long term tenants with a recent appraisal return of $600 per week (in total). Opportunities like this rarely present themselves in this wonderful central position!
The size of Redan is approximately 2.2 square kilometres. It has 5 parks covering nearly 27.1% of total area. The population of Redan in 2016 was 2889 people. By 2021 the population was 3000 showing a population growth of 3.8% in the area during that time. The predominant age group in Redan is 20-29 years. Households in Redan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redan work in a professional occupation.In 2021, 49.90% of the homes in Redan were owner-occupied compared with 48.50% in 2016.
Redan has 2,047 properties. Over the last 5 years, Houses in Redan have seen a 37.58% increase in median value, while Units have seen a 33.77% increase. As at 31 December 2025:
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