SOLD
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Sold on 25 Jun 2024 for $130,000

2 Warrens Lane
Rutherglen VIC 3685

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 309m2
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Property Details for 2 Warrens Lane, Rutherglen

2 Warrens Lane, Rutherglen is a 0 bedroom, 0 bathroom House. The property has a land size of 309m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Rutherglen in the last 12 months.

Building Type
House
Land Size
309m2
Local Government
Indigo
Lot/Plan
2/PS432261

Last Listing description (July 2024)

Discover an unparalleled opportunity at 2 Warrens Lane, Rutherglen. Nestled in a desirable location just a stone's throw from the vibrant main street (50m via Warrens Lane - One way traffic.), this prime townhouse block is perfect for those looking to downsize or seeking a fantastic investment in the heart of the Rutherglen township, Enjoy the best of Rutherglen with the town's bustling, cafes, eateries, and amenities just a short stroll away. Experience the convenience and charm of living close to everything you need.

This block is the perfect size for building a stylish, low-maintenance townhouse, making it an ideal choice for those looking to simplify their lifestyle without sacrificing comfort or location. Or tap into the thriving short-term accommodation market. With its unbeatable location, this property is perfect for developing a new Airbnb or other short-term rental business, catering to tourists and visitors eager to explore Rutherglen's renowned wine region.

This versatile opportunity allows you to envision a cozy home for yourself or a profitable investment property with endless possibilities. Become a part of Rutherglen's friendly and welcoming community, known for its vibrant culture and beautiful surroundings.

Don't miss out on this rare opportunity to secure a piece of prime real estate in Rutherglen's most desirable location.

https://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 2 Warrens Lane, Rutherglen, VIC 3685

A timeline of how this property has performed in the market
Last Sold
$130,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $130,000
  • 28 May 2024
    Listed for Sale E.O.I
  • 23 Mar 2020
    Sold for $65,000
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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 1,606 properties. Over the last 5 years, Houses in Rutherglen have seen a 71.78% increase in median value, while Units have seen a 69.53% increase. As at 31 August 2024:

  • The median value for Houses in Rutherglen is $466,612 while the median value for Units is $314,097.
  • Houses have a median rent of $465 while Units have a median rent of $220.
There are currently 5 properties listed for sale, and 1 property listed for rent in Rutherglen on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Rutherglen.

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