SOLD
Sold on 04 Jul 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

Building Type
Land
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

Property History for 2 Warrens Lane, Rutherglen, VIC 3685

A timeline of how this property has performed in the market
Last Sold
$130,000
04 Jul 2024
  • 04 Jul 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 1,609 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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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.