8/509 Drummond Street S, Redan, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

8/509 Drummond Street S
Redan VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 1026m2
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Property Details for 8/509 Drummond St S, Redan

8/509 Drummond St S, Redan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1026m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1950
Floor Size
95m2
Land Size
1026m2
Local Government
Ballarat
Lot/Plan
8/PS630544

Last Listing description (February 2023)

Positioned in one of Ballarat's most sought after leafy streets is this quality two bedroom unit. This location is popular to it's close proximity to schools, public transport, the hospital and Ballarat CBD. Upon entering the home you will be greeted to a spacious entrance which flows through to the large kitchen, dining and living room. This area is beautifully presented with quality polished floorboards and large windows throughout giving lots of natural sunlight and warmth. There are two generous bedrooms both featuring built in robes with lots of room to move. The bathroom is also spacious and of great size and the home also offers three split systems, both bedrooms and the family room which makes living comfortable all year round. Outside there is car accommodation making access to the home easy and also has lots of on street parking. This is sure to be very popular so to avoid missing out contact exclusive listing agent Adam Vranesic 0432 788 733 today to book your inspection!

Property History for 8/509 Drummond St S, Redan, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$335,000
12 Dec 2022
Listed for Rent
$255/w
03 Oct 2017
  • 12 Dec 2022
    Sold for $335,000
  • 23 Nov 2022
    Listed for Sale $295,000 - $315,000
  • 19 Jun 2018
    Sold for $232,000
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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 35.96% increase in median value, while Units have seen a 32.67% increase. As at 31 October 2025:

  • The median value for Houses in Redan is $486,503 while the median value for Units is $366,665.
  • Houses have a median rent of $390 while Units have a median rent of $365.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Redan on OnTheHouse. According to Cotality's data, 129 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.