Real Estate Redan Vic 3350

Real Estate Market: Is Redan VIC 3350 a Good Suburb to Buy Into?

Housing Market in Redan

Key Redan Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$404	Bottom 19%	139% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Redan

Redan Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	0.4	Bottom 27%	Data for Jul 2023
Housing Stock Quality Indicator	28.8	Top 20%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	3 lots	Bottom 35%	40% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	11	Top 9%	120% to Dec 2025

Housing Stock Quality in Redan

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Ballarat	Trend
Houses	57.6%	Bottom 5%	18% to Jan 2021
Average bedrooms - all homes	1.9	Bottom 11%	5% to Jan 2021
NBN connection: fibreoptic cable to node	59.2%	Top 6%	Data for Jun 2023

Development Restrictions in Redan

Redan Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Ballarat	Trend
Total area	2.2 sq km	Bottom 24%	Data for Jan 2021
Heritage overlay total area	0.6 sq km	Top 17%	Data for Jun 2023
Residential density	522 sqm per resident	Bottom 30%	Data for Jan 2021

Risk in Redan

Redan Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Ballarat	Trend
% Owner Occupied	66.5%	Bottom 4%	3% to May 2023
% Rentals	33.5%	Top 4%	7% to May 2023
Housing Affordability Index	27	Bottom 29%	Data for Jun 2023
Median monthly mortgage	$1,310	Bottom 20%	20% to May 2023
Rent Affordability Index (Houses)	86	Top 7%	Data for Jun 2023
Rent Affordability Index (Units)	82	Top 16%	Data for Jun 2023
Mortgage as a percent of income	28.2%	Top 21%	11% to Jan 2021
Mortgaged Dwellings	27.7%	Bottom 20%	14% to May 2023

Housing Demand in Redan

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Ballarat	Trend
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	13900	Top 42%	6% to Dec 2036
Historical Population (SA3)	121000	Top 19%	43% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	127000	Top 13%	54% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Redan

Redan Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Ballarat	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$321	Bottom 16%	101% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	74.5%	Top 35%	17% to Dec 2025

Accommodation Options (3)

Planning Applications: Dwellings (11)

Headline	Place	Date
Demolition of outbuildings, alterations to a dwelling, construction of a car port, development of two additional dwellings, construction of a vehicle crossover and a three-lot subdivision. - Ballarat City Council PLP/2024/381	601 Ripon Street South, Redan VIC 3350	24 Feb 2025
Development of an additional dwelling and a two lot subdivision - Ballarat City Council PLP/2024/141	632 Bell Street, Redan VIC 3350	07 Aug 2024
Partial demolition, alteration and additions to existing dwelling, development of two additional dwellings and a three lot subdivision - Ballarat City Council PLP/2023/212	605 Ripon Street South, Redan VIC 3350	28 Aug 2023
Development of two additional dwellings and two lot subdivision - Ballarat City Council PLP/2023/125	304 Leith Street, Redan VIC 3350	10 Aug 2023
Two Lot Subdivision in accordance with the attached Plan of Subdivision Proposal is to create common property and two lots each containing an existing dwelling and car parking - Streamlined Planning through Electronic Applications and Referrals S215651C	1/602 Ascot Street S, Redan VIC 3350	20 Jul 2023

Planning Applications: Other (7)

Headline	Place	Date
To use the land for a medical centre, installation of business identification signage and rediuction of car parking spaces - Ballarat City Council PLP/2024/563	602 Darling Street, Redan VIC 3350	29 Jan 2025
Change of use to Medical Centre, reduction in car parking, signage and alteration to access to a road in a Transport Zone 2 (TRZ2). - Ballarat City Council PLP/2023/576	708 Skipton Street, Redan VIC 3350	27 Nov 2023
Use of Land as a Restricted Recreation Facility (Gymnasium) and Display of Business Identification Signage - Ballarat City Council PLP/2023/115	615 Skipton Street, Redan VIC 3350	28 Apr 2023
Use and development of a medical centre, reduction in car parking requirements and display of business identifcation signage - Ballarat City Council PLP/2022/714	713 Ripon Street South, Redan VIC 3350	10 Jan 2023
Certification of a Plan - Streamlined Planning through Electronic Applications and Referrals S162320M	504 Bell Street, Redan VIC 3350	07 Aug 2020

Planning Applications: Industrial (1)

Headline	Place	Date
Use and development of a warehouse, display of business identification signage, reduction of the car parking requirement and alteration of access to a Road Zone - Ballarat City Council PLP/2021/860	26 Foster Street, Redan VIC 3350	23 Nov 2021

Median House Rental Prices by Street (19)

Street	Date	Median rent (per week)
Foster St	06 Dec 2025	$363
Hampden St	06 Dec 2025	$396
Bell St	06 Dec 2025	$424
Campbells Cr	06 Dec 2025	$416
Ascot St	06 Dec 2025	$414

Median House Sale Prices by Street (20)

Street	Date	Median sale value
Adair St	06 Dec 2025	$476,700
Ascot St	06 Dec 2025	$557,900
Bell St	06 Dec 2025	$515,200
Campbells Cr	06 Dec 2025	$680,600
Cooke St	06 Dec 2025	$485,400

LGA Details (1)

Headline	Place	Datetime
Local government area	Ballarat

Median Unit Sale Prices by Street (6)

Date	Median sale value	Street
06 Dec 2025	$344,200	Darling St
06 Dec 2025	$347,000	Drummond St
06 Dec 2025	$274,000	La Trobe St
06 Dec 2025	$393,800	Leith St
06 Dec 2025	$578,300	Skipton St

Percent of Renters by Street (33)

Percent of Renters	Street
39.4%	Adair St
32.6%	Campbells Cr
19.0%	Bell St
54.7%	Ascot St
39.7%	Darling St

Turnover Rate by Street (32)

Turnover rate	Street	Turnover Label	Turnover Years	Year
61.7%	Adair St	quite tightly held	Every 16.2 years (quite tightly held)	2025
107.3%	Skipton St	very high turnover	Every 9.3 years (very high turnover)	2025
94.1%	Cooke St	high turnover	Every 10.6 years (high turnover)	2025
82.3%	Talbot St	average turnover	Every 12.2 years (average turnover)	2025
89.5%	Pleasant St	high turnover	Every 11.2 years (high turnover)	2025

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
711 Skipton St	$500,000	3.0	1.0	2.0	05 Dec 2025	On Market
206 Leith St	$472,000	3.0	1.0	1.0	04 Dec 2025	On Market
201 Leith St	$445,000	3.0	1.0	2.0	21 Nov 2025	On Market
515 Ripon Street South	$560,000	3.0	1.0	4.0	15 Nov 2025	On Market
705 Darling St	$620,000	3.0	1.0	4.0	13 Nov 2025	On Market

Businesses (16)

Name	Address
ProMAINT	309 Yarrowee Parade, Redan VIC 3350, Australia
AIM Electrical Contractors	511 Skipton St, Redan VIC 3350, Australia
D'Astoli Drilling Services PTY LTD	234 Park St E, Redan VIC 3350, Australia
OS Concreters Ballarat	111 Leith St, Suite #2, Redan VIC 3350, Australia
Eureka Concrete	1207 La Trobe St, Redan VIC 3350, Australia

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 706 Pleasant Street South	$330	2.0	1.0		04 Dec 2025
Unit 2, 706 Pleasant Street South	$330	2.0	1.0		04 Dec 2025
Unit 1, 119 Lonsdale St	$430	3.0	2.0	2.0	03 Dec 2025
Unit 1, 119 Lonsdale St	$430	3.0	2.0	2.0	03 Dec 2025
Unit 2, 602 La Trobe St	$330	2.0	1.0	1.0	17 Nov 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
1011 Talbot Street South	$460	4	1	2	05 Dec 2025
303 Sebastopol St	$550	2	1	1	04 Dec 2025
614a Darling St	$420	3	1	3	26 Nov 2025
Unit 4, 807 Ripon Street South	$360	2	1	1	21 Nov 2025
Unit 4, 807 Ripon Street South	$360	2	1	1	21 Nov 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
128 Park Street East	$457,500	3.0	1.0	1.0	10 Nov 2025	On Market
128 Park Street East	$457,500	3.0	1.0	1.0	10 Nov 2025	On Market
128 Park Street East	$457,500	3.0	1.0	1.0	10 Nov 2025	On Market
128 Park Street East	$457,500	3.0	1.0	1.0	10 Nov 2025	On Market
128 Park Street East	$457,500	3.0	1.0	1.0	10 Nov 2025	On Market

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