The Redan suburb profile reveals a vibrant locale characterised by a welcoming community, solid investment opportunities, and a stable property market. With a median house price of $470,000 according to DataVic/REIV, Redan stands as a promising option for both home buyers and investors.

• The median house price in Redan is $470,000, with a unit price of $359,000.
• Redan’s population is around 3,000, with a median age of 39.0.
• The average household income in Redan is $1,061 per week, with median rent at $255 per week.

What do the numbers say in Redan?

Understanding the numbers is crucial for anyone considering investing in Redan. According to DataVic/REIV, the median house price in Redan for the second quarter of 2025 was $470,000, exhibiting a slight quarter-on-quarter drop by 0.5%. In contrast, unit prices increased by 9.5% over the same period, now standing at $359,000. Despite a year-on-year decline of 4.4%, these figures indicate a dynamic property market that presents both challenges and opportunities for investors.

Demographically, Redan is home to approximately 3,000 residents. The ABS Census 2021 highlights that the median age is 39.0 years, and households have a median income of $1,061 per week. Rental properties remain affordable, with the median rent recorded at $255 per week.

What are the key considerations?

When examining suburb intelligence in Redan, potential residents and investors should consider a range of factors. Redan offers a family-friendly environment with a strong sense of community. The suburb’s proximity to essential amenities such as schools, shops, and public transport makes it a convenient choice for many.

The suburb also continues to see development and revitalisation projects, which are likely to impact property values positively. For comparison, take a look at surrounding areas through our profiles on nearby locations like the Kilsyth suburb profile or the vibrant Fitzroy Vic suburb profile.

Transport and Amenities

Redan benefits from easy access to public transport routes and essential services, making it an attractive choice for families and professionals alike. The suburb’s connectivity to Ballarat further enhances its appeal.

How does Collings help?

Collings Real Estate provides insightful guidance tailored to your needs. Whether you’re buying or investing in Redan, our property strategists are ready to assist you. By leveraging our proprietary data analytics and deep market understanding, we offer bespoke strategies that align with your financial and lifestyle goals.

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Contact Us

If you’re considering making a move to Redan or investing here, talk to a Collings property strategist. Call us at 03 9486 2000 or email info@collings.com.au. Visit us at 230 Waterdale Road, Ivanhoe, VIC 3079.

Frequently asked questions

What is the median house price in Redan? The median house price in Redan is $470,000, indicating a stable market with gradual changes. The suburb also sees unit prices at $359,000.

What is the demographic profile of Redan? Redan has a population of about 3,000 people. The median age is 39, and the median household income is $1,061 weekly.

Why invest in Redan? Redan presents a balanced lifestyle with investment growth potential, affordable living, and consistent demand due to its proximity to amenities and community feel.