SOLD
RECENT ADVICE
Sold on 02 May 2024 for $885,000

5/5A Tanzanite Street
Rutherford NSW 2320

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 518m2
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Property Details for 5/5a Tanzanite St, Rutherford

5/5a Tanzanite St, Rutherford is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 518m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Rutherford in the last 12 months.

Building Type
House
Land Size
518m2
Local Government
Maitland

Last Listing description (June 2024)

Secure your future with this remarkable near-new dual occupancy property! Boasting a spacious three-bedroom, two-bathroom home alongside a separate two-bedroom, one-bathroom dwelling, this property offers a unique investment proposition.

Whether you're seeking a dual-income investment, a multi-generational living solution, or the option to live in one unit while renting out the other, this property has it all!

Currently, both homes are leased out, ensuring immediate returns for savvy investors. The main residence at 5 Tanzanite is fetching $550 per week until July 23rd, 2024, while the second unit at 5A Tanzanite is rented for $450 per week until January 13th, 2024.

Situated in the thriving suburb of Rutherford, convenience is at your doorstep. Enjoy easy access to schools, shops, public transport, and sporting facilities, making it an ideal location for tenants and residents alike.

With council rates amounting to $427 per quarter, the financials of this investment opportunity are favourable and enticing.

Don't miss out on this smart investment move! Seize the chance to diversify your portfolio and secure steady rental income. Contact us now to arrange a viewing and take the first step towards securing your financial future!

Disclaimer:
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 5/5a Tanzanite St, Rutherford, NSW 2320

A timeline of how this property has performed in the market
Last Sold
$885,000
02 May 2024
  • 02 May 2024
    Sold for $885,000
  • 20 Mar 2024
    Listed for Sale $890,000 - $930,000
  • 24 Aug 2023
    Listed for Sale Price Guide: $940,000 - $990,000

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About Rutherford 2320

The size of Rutherford is approximately 13.4 square kilometres. It has 24 parks covering nearly 8.7% of total area. The population of Rutherford in 2011 was 10,182 people. By 2016 the population was 11,865 showing a population growth of 16.5% in the area during that time. The predominant age group in Rutherford is 0-9 years. Households in Rutherford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rutherford work in a trades occupation. In 2011, 61.1% of the homes in Rutherford were owner-occupied compared with 55.9% in 2016.

Rutherford has 6,509 properties. Over the last 5 years, Houses in Rutherford have seen a 78.65% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Rutherford is $657,513 while the median value for Units is $481,910.
  • Houses have a median rent of $580 while Units have a median rent of $430.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Rutherford on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Rutherford.

Suburb Insights for Rutherford 2320

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Thompson & Clarke
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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.