SOLD
Sold on 22 Apr 2024 for $938,800

17 Rutherglen Street
Noble Park VIC 3174

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 140m2
Land area: 984m2
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Property Details for 17 Rutherglen St, Noble Park

Building Type
Land
Floor Size
140m2
Land Size
984m2
Local Government
Greater Dandenong
Lot/Plan
104/LP8751

Last Listing description (May 2024)

The home is set on a massive block of approx 983.5m2. The property is located in one of the fastest growing areas of South East Melbourne.
The weatherboard home is in its original condition. It has three bedrooms, formal lounge, open dining /family room, gas appliances, two toilets, big double lock up garage - with automatic remote control roller door.

The property is currently rented to long term tenants. The electric and gas safety compliance certification (as required by legislation) has recently been completed, including the installation of a new electricity meter box and associated works.
The property is centrally located within close proximity to the Noble Park shopping precinct, ‘Parkmore’ (shopping centre), Wallarano Primary School, Noble Park Football Club, Frederick Watchter Reserve, playgrounds, parklands, public transport- train and bus, places of worship, and state and private schools and universities.
To the astute purchaser, the property offers an array of wonderful opportunities to suit their future plans. Possible options for the property include:
• develop the property for multi townhouses and units (STCA) and make good profits (there is strong demand for new dwellings in the area),
• build your own mansion and grow your family in your private paradise with enough land left to develop gardens, grow vegetables and fruit trees and for the kids to play,
• renovate the existing home,
• ‘landbank’ the property with its massive land area, in this fast growing suburb, and see your investment grow over the years.
The property is one of the last two properties remaining in the street on the traditional quarter acre block from bygone eras. These big blocks have become increasingly hard to find in this popular, but still affordable, area of South East Melbourne. The property will sell quickly, don’t miss out on this golden opportunity to secure your future with this rare asset.
For sale now or Auction on 11/2/2023 at 12.00pm on site
10% deposit/60 days settlement

Property History for 17 Rutherglen St, Noble Park, VIC 3174

A timeline of how this property has performed in the market
Last Sold
$938,800
22 Apr 2024
Listed for Rent
$400/w
22 Aug 2023
  • 22 Apr 2024
    Sold for $938,800
  • 08 Aug 2023
    Listed for Rent $400 / week
  • 31 Dec 2022
    Listed for Sale Contact Agents
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About Noble Park 3174

The size of Noble Park is approximately 8.6 square kilometres. It has 22 parks covering nearly 6% of total area. The population of Noble Park in 2011 was 28,377 people. By 2016 the population was 31,032 showing a population growth of 9.4% in the area during that time. The predominant age group in Noble Park is 20-29 years. Households in Noble Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Noble Park work in a labourer occupation. In 2011, 58.3% of the homes in Noble Park were owner-occupied compared with 54.9% in 2016.

Noble Park has 15,429 properties. Over the last 5 years, Houses in Noble Park have seen a 25.01% increase in median value, while Units have seen a 14.43% increase. As at 31 October 2024:

  • The median value for Houses in Noble Park is $800,565 while the median value for Units is $509,111.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 92 properties listed for sale, and 31 properties listed for rent in Noble park on OnTheHouse. According to CoreLogic's data, 545 properties were sold in the past 12 months in Noble park.

Suburb Insights for Noble Park 3174

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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.