1 Herbert StreetRutherglen VIC 3685
Property Details for 1 Herbert St, Rutherglen
1 Herbert St, Rutherglen is a 10 bedroom, 5 bathroom Unit with 5 parking spaces and was built in 2013. The property has a land size of 1223m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (October 2024)
A quiet Rutherglen location, these low maintenance brick veneer units offer convenience plus!
Make your home in Rutherglen or commute to work with Wodonga an easy 30 minute drive and Wangaratta also an easy commutable distance.
Featuring two cozy bedrooms, a practical combined bathroom and laundry, and a well-appointed kitchen with a ceramic cooktop and electric underbench oven, this space is perfect for easy living.
Set in a block of five units, this property is a fantastic investment opportunity with all units currently tenanted.
Whether you're looking to expand your portfolio or dive into the property market, this unit in sought after Rutherglen offers a great lifestyle for tenants and a solid return for owners.
A great option for the first home buyer, downsizer or investor with the units currently tenanted as follows -
Unit 1 - $260 per week
Unit 2 - $260 per week
Unit 3 - $285 per week
Unit 4 - $260 per week
Unit 5 - $260 per week
Unit 1 & 5 - $299,000 each
Unit 2,3 &4 - $289,000 each
https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1 Herbert St, Rutherglen, VIC 3685
- 04 Oct 2024Listed for Sale From $289,000 each unit
- 01 Jun 2019Sold for $40,000
- 20 Feb 2019Listed for Sale $218,000 each
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0About 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 1,610 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.
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