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City of Ballarat
Redan

Redan Property Market
& Suburb Profile

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MEDIAN PRICES IN REDAN

Median house price

(all agencies, last 12 months)$480k*

House price change

(all agencies, last 12 months)+9.09%

Median unit price

(all agencies, last 12 months)$363k*

Unit price change

(all agencies, last 12 months)+8.21%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

REDAN PRICE TRACKER

HousesUnits

REDAN SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)36

Average days on market (units)

(all agencies, 12 months)31

Average held period in Redan

(proptrack)10 years

REDAN INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$413pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$350pw

Unit rental price change

(all agencies, last 12 months)0.01%

Average rental yield for Houses

(all agencies, last 12 months)4.16%

Average rental yield for Units

(all agencies, last 12 months)4.52%

Redan total population size

(as at the last census)3,000

Median household size in Redan

(as at the last census)1.9

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

REDAN PROPERTY TYPES

  • Houses 44%
  • Units 23%
  • Other 33%

OCCUPANCY IN REDAN

  • Owned 50%
  • Rented 48%
  • Other/Not Stated 2%
  • Singles 44%
  • Families 51%
  • Other 5%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT REDAN

Redan is an inner suburb of Ballarat, South of the CBD.

It retains the feel of a small, country town, with all the conveniences of the CBD only a short walk or drive away (with little to no traffic). The streets are lined with beautiful trees and a mixture of modern and older, character family homes.

Schools in the area include St Aloysius Parish School, Phoenix College and only 5 minutes from Federation College, Federation University, Melbourne University and many, many more.

A convenient bus service will whisk you straight up to Ballarat CBD Central Shopping Centre or Ballarat Train Station in only 5-10 minutes.

Redan has a supermarket, grocer, gym and couple of function venues/ restaurants at Bray Raceway including the Trotting Club and Flying Horse Entertainment Venue. Also located here is the Greyhound Racing Club, Ballarat Football Club.

Education

St Aloysius' School
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SALES COMPARISON

Find out how Redan median sales prices compare to neighbouring suburbs.

REDAN MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025140$421,2509.09%138$382pw4.34%
2024102$387,500-9.28%132$370pw4.81%
202381$432,500-5.83%147$352pw4.51%
202287$439,49513.19%120$334pw4.07%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025140$421,250+9.09%
2024102$387,500-9.28%
202381$432,500-5.83%
202287$439,495+13.19%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025138$382pw4.34%
2024132$370pw4.81%
2023147$352pw4.51%
2022120$334pw4.07%

PROUDLY SERVICING Redan

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.