7/509 Drummond Street SRedan VIC 3350
Property Details for 7/509 Drummond St S, Redan
7/509 Drummond St S, Redan is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1950. The property has a land size of 1026m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (September 2020)
Located in prestigious Drummond Street in the heart of Ballarat is this neat and tidy two-bedroom property. Both of the bedrooms are huge and feature built in robes. There is a separate kitchen and living room which are a good size and have plenty of natural light. There is a combined bathroom and laundry. Outside you have an undercover car park as well as a balcony for entertaining. This property is your opportunity to get into the central Ballarat market and is a great value proposition for either the owner occupier or investor. Contact the exclusive listing agent Dominic Morrison on 0409 557 461 to book your private inspection today!
Property History for 7/509 Drummond St S, Redan, VIC 3350
- 10 Sep 2020Sold for $250,000
- 19 Aug 2020Listed for Sale $245,000 - $265,000
- 01 Dec 2019Listed for Rent $220 / week
Recent sales nearby
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0About 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 2,047 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:
- 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.
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