Redan at a glance
2,973
People
$540,000
Median sale
$360/wk
Median rent
3.47%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
VIC › Redan › Drummond St
$451,000
Last sold
6 Nov 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
341 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$451,000
6 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Redan (last 5 years) with land size have a median of $892/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Redan at a glance
2,973
People
$540,000
Median sale
$360/wk
Median rent
3.47%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Redan
-16.5%
Median sale
Suburb $540,000
+0.68 pp
Gross yield
Suburb 3.47%
Suburb median $540,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $360/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Redan at a glance
2,973
People
$540,000
Median sale
$360/wk
Median rent
3.47%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratStep into a beautifully renovated home that blends modern convenience with classic charm, offering a lifestyle of ease and comfort in one of Ballarat’s most sought-after locations. Perfectly positioned close to the heart of town, 523 Drummond Street is where you can enjoy both a quiet suburban feel and easy access to everything you need.
This home has been tastefully renovated from top to bottom, ensuring that every corner feels fresh, inviting, and ready to be enjoyed. With stylish finishes throughout, including a contemporary kitchen featuring high-end appliances, and updated bathrooms that are sure to impress, you’ll love coming home to this light-filled space. The neutral palette and modern design make it a blank canvas to bring your personal style to life.
Living at 523 Drummond Street means being just minutes away from everything Ballarat has to offer. Take a short stroll and you’ll find yourself in the bustling town centre, surrounded by boutique shops, cozy cafés, and top-rated restaurants. Whether it’s a quick coffee run or a night out on the town, it’s all right at your doorstep. Plus, with schools, parks, and public transport just a stone’s throw away, this is the perfect spot for families, professionals, and anyone seeking convenience in their everyday life.
The home boasts spacious living areas, perfect for relaxing or entertaining. With plenty of natural light streaming through large windows, every room feels bright, welcoming, and warm – perfect for those chilly Ballarat winters. The open-plan kitchen and dining area make it easy to cook up family feasts or host friends, while the cozy living room is just right for unwinding at the end of the day.
This property is all about low-maintenance living. The beautifully landscaped yard offers the perfect spot for outdoor entertaining or simply enjoying the fresh air, without the hassle of constant upkeep. Off-street parking for multiple cars ensures plenty of space for family and guests, while secure storage adds to the convenience. There’s also ample room to meet your everyday needs without the stress of parking on the street.
With a location this good, you’ll love exploring all that Ballarat has to offer. Spend weekends at the nearby Lake Wendouree, taking in the stunning views and walking trails, or enjoy a family day out at the Botanical Gardens. History buffs will love the proximity to Sovereign Hill, and commuters will appreciate the easy access to Ballarat Station, making Melbourne just a quick train ride away.
Whether you’re looking to upsize, downsize, or invest, this beautifully renovated home at 523 Drummond Street is an absolute must-see. With all the hard work done, all you need to do is move in and start living your best life! Contact Joel Williamson Today for your inspection.
Listing description written by Joel Williamson, Buxton Ballarat — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.