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Sold on 18 Oct 2024 for $610,000

192 Murray Street
Rutherglen VIC 3685

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 399m2
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Property Details for 192 Murray St, Rutherglen

Building Type
Land
Land Size
399m2

Last Listing description (October 2024)

North East Victoria has some of Australia's best wineries, with visitors flocking to savour all that our area has to offer all year round. In the heart of Rutherglen sits this 3-year-old home backing onto the golf course with a steady short-stay accommodation history. It is low maintenance and within walking distance of restaurants, hotels and, of course, the golf course. In addition to the wineries, there are beautiful areas to explore within an hour of Rutherglen, including Lake Mulwala, the Murray River, Yarrawonga, historic Chiltern and Beechworth.

This generous townhouse offers three spacious bedrooms - the master with a walk-in robe and ensuite, while the remaining two bedrooms each have built-in robes and a shared bathroom.

The ergonomically designed kitchen features a walk-in pantry and modern appliances and shares the open plan living/dining area, providing flexibility and comfort for all to share fun times.

The living area leads to the low-maintenance backyard, where the outdoor entertaining area overlooks the pool and the Rutherglen golf course! The perfect place to put your feet up and enjoy the spoils of a day spent exploring the region!

A brilliant option for investors as it rents out at $700 a night, usually booked for at least two nights at a time or is at times booked for extended stays, with local suppliers available to take care of cleaning and bookings if you don't live in the area.

Homes like this are seldom found in Rutherglen, so don't miss this opportunity to add a profitable investment to your portfolio today!

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Property History for 192 Murray St, Rutherglen, VIC 3685

A timeline of how this property has performed in the market
Last Sold
$610,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $610,000
  • 20 May 2024
    Listed for Sale $619,000
  • 18 Jul 2020
    Sold for $80,000
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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.

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Harley Maclachlan
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Lexley Sewell
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First National Real Estate - Bonnici & Associates
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