37 Drummond St, Rutherglen is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1046m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Comprising a generous kitchen and meals area with electric cooking and adjoining fully enclosed sun room, laundry with shower and toilet. Central family bathroom, large living area with split system heating and cooling. Three (3) bedrooms, two with built in robes and a study that could be utilised as a fourth bedroom.
A substantial refurbishment would be beneficial to this property that is ideally located on a 1046m2 corner allotment just minutes away from the main street of Rutherglen. It is a perfect opportunity for an investor to take full advantage of the location and the potential that is on offer.
Rutherglen is located approximately 45Kms east of Albury-Wodonga on the Murray Valley Highway. Only 25Kms to the arterial Hume Freeway and Melbourne CBD is 280Kms, a comfortable three hour drive.
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Property Code: 1446
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:
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