SOLD
RECENT ADVICE
Sold on 31 Jul 2024 for $330,000

27-31 Culbertson Street
Rutherglen VIC 3685

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1598m2
Save

Property Details for 27-31 Culbertson St, Rutherglen

27-31 Culbertson St, Rutherglen is a 2 bedroom, 1 bathroom House. The property has a land size of 1598m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Rutherglen in the last 12 months.

Building Type
House
Land Size
1598m2
Local Government
Indigo
Lot/Plan
9/LP3895

Last Listing description (November 2024)

Discover a treasure trove of potential at 27-31 Culbertson Street in the heart of Rutherglen, where the past and future offer an exceptional opportunity for developers and investors. This expansive 1598m2 (approx.) property, stretched over three separate titles, not only provides a significant landholding but also rear lane access, setting the stage for a prime multi-dwelling development in a location that's hard to beat.

The property currently houses a 160-year-old (approx.) cottage that whispers tales of yesteryear with every creak of its timbers and pane of its windows. With two bedrooms, a sleep-out, lounge room, kitchen, and a laundr/bathroom, the existing structure stands as a testament to the history of the area. However, it is important to note that the cottage is in a state that suggests it may be beyond repair, presenting a blank canvas to those with a vision to rebuild and create something truly remarkable.

Ideally positioned within the charming Rutherglen township, the site is just moments away from all local amenities, including quaint shops, cozy cafes, and the region's renowned wineries, allowing future residents to revel in both the convenience and cultural richness of this vibrant community.

As the demand for residential space increases, this property offers a rare chance to craft a development tailored to the modern lifestyle while honoring the heritage-rich soil it stands upon. Whether you're looking to invest, develop, or create a new landmark in Rutherglen, 27-31 Culbertson Street presents a golden opportunity that is as rare as it is promising.

Seize the chance to transform this historical gem into a contemporary haven. Contact us today to explore the possibilities that await at this unique Rutherglen address.

Property History for 27-31 Culbertson St, Rutherglen, VIC 3685

A timeline of how this property has performed in the market
Last Sold
$330,000
31 Jul 2024
  • 31 Jul 2024
    Sold for $330,000
  • 28 May 2024
    Listed for Sale Contact agent
  • 05 Sep 2023
    Transferred
Sign in to see more transactions

Commute Calculator

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 1,610 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.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Rutherglen on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Rutherglen.

Suburb Insights for Rutherglen 3685

Market Insights
Rutherglen Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rutherglen Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
Show contact details
Elders Real Estate Wodonga
Preferred contact:
Disclaimer
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.