518 Drummond Street South
Redan, 3350 VIC
1920 house on a 942 m² block with 20m frontage.
Property Snapshot
1920House4 Bed1 Bath3 Off Street942 m² Land210 m² Internal20m Frontage
Investment Highlights
What makes 518 Drummond Street South compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
942 m²
Frontage
20m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1920 house on a 942 m² block and a 20m frontage.
Renovate upside — modest 210 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 409m to bus, 2km to train station and 1.9km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
1
Parking
3 off-street
Internal Area
210 m²
Ownership & Value
Last Sold$913k
Sold DateApr 2026
Land Value—
RPD15~84\PP5030
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageCharacter HousingResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
4 Bed Median
$590k
Growth Since 2026
—
Price Estimate
—Low
$913k
—High
VeryHigh Confidence
—
Since last sold — $913,000 — April 2026
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$415
4 Bed Yield
3.7%
Vacancy
2.3%
Rentals Last 12M
15
Suburb 4 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Heritage Overlay. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 518 Drummond Street South.
Train Station
2km
Bus Stop
409m
Schools
1.9km
Road Type
secondary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
9.4%Train Station
2kmBus Stop
409mCentre Zone
223mRoad Type
secondary (Medium Noise)School Catchment
1.9kmRedan Snapshot
Broader suburb metrics that support the local story.
Population
3,000
Owner Occupiers
50%
Social Housing
9.4%
Crime Index
—
Not available
Low Stock on Market
Explore Redan in more detail
Deep dive into growth, demand, demographics and comparable sales.
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