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 › Darling St
$890,000
Last sold
15 Nov 2021
4
Bedrooms
2
Bathrooms
6
Car spaces
902 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
$890,000
15 Nov 2021 · 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
+64.8%
Median sale
Suburb $540,000
-1.37 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.
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
UnknownVictoria 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.
Area
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 Harcourts BallaratSituated 3 minutes from the Ballarat CBD close to supermarkets, schools and parks is this restored 4 bedroom period home with a large contemporary extension at the rear providing an abundance of living space and a huge parents retreat with ensuite. All of this with a 9x8 metre shed with 20 amp power and a 3 metre high roller door specifically designed to fit the largest of caravans.
From the moment you arrive at this property you will be amazed at how such a peaceful place surrounded by beautiful gardens with great shedding can exist so close to town.
The original cottage has been meticulously restored both inside and out including repainting, new carpet, new roof, rewiring, restored windows, 3 bedrooms, new insulation, amazing bathroom, new concrete stumps, and Wormy Chestnut timber floors which are continued throughout the entire property.
The planning that went into the extension and the quality of the build is second to none. Energy efficiency was one of the key focuses with insulated floors ceilings and walls, double glazed windows and the orientation of the property making it both beautiful and energy efficient.
The new extension boasts a huge kitchen designed by "Cutting Edge Kitchens" with slimline acrylic benchtops, dual ovens, massive walk in pantry, plenty of under bench and overhead storage, 5 burner cooktop with the biggest Wok burner and externally vented overhead range hood you have ever seen, Fisher and Paykal dishwasher, plumbed fridge and tiled splashback.
Adjoining the kitchen is the large open living space that has a free standing wood heater as its centrepiece. Large glass doors allow you to open this living space up to the east facing spotted gum timber deck so you can bring the morning sun into the house or enjoy those warm summer nights.
The very private master bedroom suite is of generous proportions with walk in robe and ensuite with shower, spa bath, his and hers vanities plus your own deck accessed by double glazed glass doors.
When you step outside to the large 900 (approx.) sqm block you would be forgiven for thinking you were in the country with lush green lawns, manicured gardens, outdoor entertainment area, room for at least 6 vehicles, firepit and even a chook shed. This property also has remote controlled electric gates to make coming and going easy.
The shed measuring 9x8m with 20 amp power was specifically designed to fit the largest caravan on the market with a 3050 mm high remote controlled roller door. There is also a 2550mm roller door. The shed also offers a potential office space and has hot water shower, basin and toilet.
Call Dean Parish today on 0490 382 264 to arrange your private inspection.
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.
Listing description written by Dean Parish, Harcourts Ballarat — reproduced as published, not verified by Districts.