FOR SALE
AUCTION ESP: $265,000 - $291,500

98 Reid Street
Rutherglen VIC 3685

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 861m2
Auction Time
Wed 29 Jan 6:00 pm
Inspection Times
No upcoming inspections scheduled.
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Prime Opportunity in Rutherglen

Discover the perfect canvas for your dream home or investment at Lot 4/98 Reid Street, Rutherglen. This generous 861m² block boasts a wide 27.8m frontage, offering ample space for creative possibilities. Located just moments from the heart of Rutherglen, you'll enjoy the convenience of nearby shops, cafes, and local attractions.
Whether you're envisioning a modern family haven or an idyllic retreat, this prime parcel of land provides the ideal foundation. Embrace the charm and vibrancy of this sought-after location and make your vision a reality.
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Property Details for 98 Reid St, Rutherglen

Building Type
Land
Land Size
861m2

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About Rutherglen 3685

The size of Rutherglen is approximately 125.4 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Rutherglen in 2011 was 2,479 people. By 2016 the population was 2,378 showing a population decline of 4.1% in the area during that time. The predominant age group in Rutherglen is 60-69 years. Households in Rutherglen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rutherglen work in a labourer occupation. In 2011, 73% of the homes in Rutherglen were owner-occupied compared with 73.6% in 2016.

Rutherglen has 1,609 properties. Over the last 5 years, Houses in Rutherglen have seen a 72.89% increase in median value, while Units have seen a 64.62% increase. As at 30 November 2024:

  • The median value for Houses in Rutherglen is $517,250 while the median value for Units is $312,611.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 7 properties listed for sale, and no properties listed for rent in Rutherglen on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Rutherglen.

Suburb Insights for Rutherglen 3685

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Rikk Donlen
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Shane Thomson
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Ray White Euroa
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.