400A Skipton StreetRedan VIC 3350
Property Details for 400a Skipton St, Redan
Last Listing description (October 2025)
Presenting the ideal investment where there is no upkeep, maintenance or concern and all with a fantastic location and a prominent tenant to match.
Returning over $18,000 on a secure, long term lease with tenant with annual increases it offers the best opportunity to invest for the long term
So there's no maintenance except mow the lawn.
As the actual allotment, its residential zoning (Residential 1), it boasts excellent street frontage and could be built on in the future (STCA)
So if you want to secure a great investment opportunity with a secure income and very little to no overheads or maintenance, then this is worth genuine consideration.
***Every precaution has been taken to establish the accuracy of the above information. However, prospective purchasers are advised to carry out their own due diligence***
Property History for 400a Skipton St, Redan, VIC 3350
- 15 Oct 2025Sold for $275,000
- 01 Jul 2025Listed for Sale $289,000 - $315,000
- 25 Jul 2024Listed for Sale $289,000 - $315,000
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About Redan 3350
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 2,046 properties. Over the last 5 years, Houses in Redan have seen a 37.34% increase in median value, while Units have seen a 30.52% increase. As at 31 January 2026:
- The median value for Houses in Redan is $522,313 while the median value for Units is $393,270.
- Houses have a median rent of $390 while Units have a median rent of $360.
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