OFF MARKET

1/40 Main Street
Rutherglen VIC 3685

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 469m2
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Property Details for 1/40 Main St, Rutherglen

1/40 Main St, Rutherglen is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 469m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Floor Size
97m2
Land Size
469m2
Local Government
Indigo
Lot/Plan
1/SP25154

Last Listing description (October 2014)

WELL MAINTAINED TOWNHOUSE
WELL MAINTAINED, WELL PRESENTED TOWNHOUSE IN AN EXCELLENT LOCATION, ONLY 300 METRES FROM CENTRAL RUTHERGLEN. ? A NEAT WELL MAINTAINED AND WELL PRESENTED TOWNHOUSE. ? BRICK VENEER CONSTRUCTION WITH COLOUR BOND ROOF. ? TWO (2) SIZEABLE BEDROOMS WITH BIR'S. OPEN PLAN KITCHEN. LOUNGE & DINING AREAS. ? REFURBISHED KITCHEN WITH ELECTRIC COOKING. ? WELL PRESENTED FLOOR COVERINGS AND WINDOW FURNISHINGS. ? GOOD SIZED BATHROOM, SEPARATE TOILET. ? REVERSE CYCLE SPLIT SYSTEM. ? SINGLE CAR CARPORT. ? WELL CARED FOR GARDENS, NEAT LAWN AREAS. ? LOCK UP GARDEN SHED ON CONCRETE SLAB (3M X 3M). ? SMALL RAIN WATER TANK WITH FILTER ATTACHED. ? ACCESS FROM BOTH MAIN STREET AND RECREATIONAL AREA AT REAR. WITH NOTHING TO SPEND ON THIS SPECIAL PROPERTY IT WOULD SEEM IDEAL FOR THOSE WISHING TO LIVE ''CLOSE IN'' TO RUTHERGLEN TOWNSHIP OR ALTERNATIVELY THE PROPERTY PRESENTS AS AN EXCELLENT RESIDENTIAL INVESTMENT OPPORTUNITY. DEMAND FOR SUCH RENTALS IN RUTHERGLEN IS VERY STRONG AND FULL TENANCY IS ASSURED.RUTHERGLEN IS AN EXTREMELY VIBRANT TOWNSHIP IN THE CENTRE OF THE EVER POPULAR TOURIST AREAS OF VICTORIA'S UPPER NORTH EAST. THE WINERIES, THE HISTORICAL MINING FEATURES, THE PROXIMITY TO THE MURRAY RIVER PLUS THE ESTABLISHED TOURIST EVENTS ALL CONTRIBUTE TO MAKE RUTHERGLEN AND SURROUNDS DISTRICTS A MOST DESIRABLE PLACE IN WHICH TO LIVE.

Property History for 1/40 Main St, Rutherglen, VIC 3685

A timeline of how this property has performed in the market
Last Sold
$195,000
22 Dec 2014
  • 22 Dec 2014
    Sold for $195,000
  • 14 Oct 2014
    Listed for Sale $210,000
  • 16 Aug 2014
    Listed for Sale Not Disclosed
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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 1,604 properties. Over the last 5 years, Houses in Rutherglen have seen a 81.37% increase in median value, while Units have seen a 81.52% increase. As at 31 October 2024:

  • The median value for Houses in Rutherglen is $509,511 while the median value for Units is $338,564.
  • Houses have a median rent of $500 while Units have a median rent of $350.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Rutherglen on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Rutherglen.

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