2 Warrens LaneRutherglen VIC 3685
Property Details for 2 Warrens Lane, Rutherglen
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
- 04 Jul 2024Sold for $130,000
- 28 May 2024Listed for Sale E.O.I
- 23 Mar 2020Sold for $65,000
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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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