3/110 Yarrowee Parade, Redan VIC 3350
3/110 Yarrowee Parade, Redan VIC 3350
4-bed single-storey townhouse | large 531mยฒ block | bushfire overlay | family and investor appeal
This property offers an uncommon combination in Redan: a four-bedroom, single-storey townhouse on a substantial 531mยฒ block. Most local townhouses are three-bedroom designs on smaller lots, so this layout provides genuine house-like space with low-maintenance living. The open-plan interior, modern finishes, and master ensuite suit families seeking room to grow without two-storey upkeep. Investors may also find appeal in the multiple bedrooms, secure parking, and strong rental benchmarks in the street, which suggest consistent demand from tenants who value space and convenience.
The bushfire overlay is a real factor that may affect insurance costs and could influence some buyers’ willingness to pay a premium. Price indications vary across sources, so forming a clear view of recent comparable sales in the area is essential before committing. The large block might offer future subdivision potential, but this would need council confirmation and careful assessment of overlay constraints. The property’s orientation and exact internal finish quality are not verified, so a thorough inspection is recommended to confirm whether the contemporary description holds true throughout.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3/110 Yarrowee Parade, Redan VIC 3350
Market Insight:
Redan presents as an active and affordable entry point into the Ballarat market, characterised by consistent sales activity and solid rental demand. Demand is primarily driven by buyers and investors seeking value in family-sized homes and smaller units, supported by a steady leasing market. Recent price trends show a period of growth, though with some quarterly variability, indicating a market responsive to broader economic conditions. Future momentum hinges on sustained affordability and regional demand, yet the market remains exposed to interest rate sensitivity and potential fluctuations in sales volume.