501 Drummond Street S, Redan, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

501 Drummond Street S
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 233m2
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Property Details for 501 Drummond St S, Redan

501 Drummond St S, Redan is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 233m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1930
Floor Size
108m2
Land Size
233m2
Local Government
Ballarat
Lot/Plan
2/TP753166

Last Listing description (December 2024)

BOOK YOUR INSPECTION ONLINE 24/7 Click "Book an Inspection Time" to select a time that is suitable for you. Alternatively, go to our website ballaratrealestate.com.au and press the BOOK INSPECTION button to register for a time that suits you.

Perfectly located within walking distance to Sturt Street, Ballarat's best Colleges, Lake Wendouree, Hospitals, Cafes and the City Centre sits this gorgeous heritage home. From the minute you step inside you'll fall in love with all the features you would expect to find in a period home, including timber flooring, high ceilings, leadlight window plus modern conveniences such as central heating and stone bench tops.

The open plan kitchen/meals are abundant in natural light with a comfortable dining area adjacent the kitchen. Comprising of 3 bedrooms, central updated bathroom and separate toilet. Outside features an undercover alfresco dining area, great for entertaining family and friends and a low maintenance yard with an aspect to capture the amazing sun light. Low maintenance yard/ gardens, a corner block in prime position, with good off street vehicle access, single carport.

Features;
600mm gas cooktop, electric oven, dishwasher, built in pantry
Open plan Kitchen/Dining area
Central Ducted gas central heating
Spacious Second living
Plantation shutters bedrooms
Laundry present
Undercover alfresco area, perfect for entertaining and casual dining.
Walking distance to CBD, primary schools, colleges and medical facilities
Solar with feed in tariff and usage around $750 per year
Pets upon application.

Inspection is a MUST!

Property History for 501 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$485,000
03 Sep 2020
Listed for Rent
$420/w
09 Dec 2024
  • 06 Nov 2024
    Listed for Rent $420 / week
  • 03 Sep 2020
    Sold for $485,000
  • 25 Aug 2020
    Listed for Sale $475,000 to $495,000
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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 37.58% increase in median value, while Units have seen a 33.77% increase. As at 31 December 2025:

  • The median value for Houses in Redan is $513,643 while the median value for Units is $388,529.
  • Houses have a median rent of $390 while Units have a median rent of $365.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Redan on OnTheHouse. According to Cotality's data, 140 properties were sold in the past 12 months in Redan.

Suburb Insights for Redan 3350

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.