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

523 Drummond Street S
Redan VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 329m2
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Property Details for 523 Drummond St S, Redan

523 Drummond St S, Redan is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 329m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Year Built
1940
Floor Size
107m2
Land Size
329m2
Local Government
Ballarat
Lot/Plan
1/TP418537

Last Listing description (April 2026)

Beautifully renovated and ready to enjoy, this inviting residence delivers a seamless blend of modern comfort and timeless appeal in a highly sought-after central setting. Positioned moments from the CBD, it offers an effortless lifestyle with cafs, dining, schools and transport all within easy reach.

Thoughtfully updated throughout, the home showcases a contemporary kitchen with quality appliances, complemented by stylishly renovated bathrooms and a fresh, neutral palette that enhances the sense of light and space. Generous living and dining zones are filled with natural light, creating a warm and welcoming environment for both everyday living and entertaining.

Outdoors, a low-maintenance setting provides space to relax or host with ease, while off-street parking for multiple vehicles and secure storage add further practicality.

Perfectly positioned near Lake Wendouree, parklands and Ballarat Station, this is a home that balances lifestyle and convenience with ease. Ideal for owner-occupiers and investors alike, it presents a move-in ready opportunity in a prized location. Contact Ash McCafferty to arrange your inspection.

Property History for 523 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$451,000
06 Nov 2024
Listed for Rent
$285/w
05 Sep 2016
  • 24 Mar 2026
    Listed for Sale $530,000 - $560,000
  • 06 Nov 2024
    Sold for $451,000
  • 08 Oct 2024
    Listed for Sale $435,000 - $465,000
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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 2,043 properties. Over the last 5 years, Houses in Redan have seen a 31.43% increase in median value, while Units have seen a 28.90% increase. As at 31 March 2026:

  • The median value for Houses in Redan is $522,781 while the median value for Units is $398,882.
  • Houses have a median rent of $400 while Units have a median rent of $363.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Redan on OnTheHouse. According to Cotality's data, 166 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.