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About this property
* Front-facing unit in a quiet complex of just three, offering added privacy and easy access. * Ideally positioned in a sought-after Redan pocket, only minutes to Ballarat CBD, shops, cafes and everyday conveniences. * Two well-proportioned bedrooms, both complete with built-in robes for practical storage. * Comfortable central living space with gas wall heating, perfect for keeping warm through the cooler months. * Functional kitchen and bathroom layout designed for easy, low-maintenance living. * Generous paved outdoor area, ideal for entertaining, relaxing or adding your own personal touch. * Off-street parking with one allocated space under a communal carport. * Currently leased at $290 per week (increasing to $320 per week from mid-June) on a periodic tenancy, presenting an immediate and flexible investment opportunity.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Listed
- 2 months ago
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Neighbourhood
Living in Redan
This 2-bedroom apartment in Redan, VIC 3350 sits within reach of public transport, local shops and nearby schools.
Schools near Redan
- St Aloysius' Schoolprimary · Prep-6 · CoEd
What's nearby
- Quarry Lane/La Trobe St (bus) — 203 m away
- John Stevens Auto Electrical — 77 m away
- Latrobe Street Reserve — 235 m away
- Unnamed — 720 m away
- Unnamed — 725 m away
Redan at a glance
Full suburb profile- Population
- 3,000
- Median age
- 39
- Household income
- $1,061/wk
- Median rent
- $255/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
Due diligence
Property Report
Flood Risk
None
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Medium
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Flood zone
Land Subject to Inundation Overlay (LSIO) – localised areas
Redan is a small rural locality in central Victoria with low to very low flood risk. While the area may have isolated pockets mapped under the Land Subject to Inundation Overlay due to local drainage lines or minor creek systems, there are no major watercourse flooding risks comparable to major Victorian flood-prone areas. Properties should be assessed individually for local stormwater and drainage considerations.
Planning controls
- Compliance with VIC planning scheme overlay requirements for land subject to inundation
- Consideration of floor levels and flood-resistant construction in mapped LSIO areas
- Drainage and stormwater management in accordance with local council requirements
- Potential requirement for planning permit in overlay-affected areas depending on works proposed
Suburb market
Suburb price trend
Redan price trend
Median sold · Unit 2 bed
Compound growth +0.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Redan marketThis listing
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Price history
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