50-74 High StreetRutherglen VIC 3685
Property Details for 50-74 High St, Rutherglen
50-74 High St, Rutherglen is a 11 bedroom, 3 bathroom House with 1 parking spaces and was built in 1927. The property has a land size of 13719m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (January 2020)
Gracious and steeped in history, Mt Carmel Convent built circa 1927 is proudly located on a substantial parcel of land in the heart of the Rutherglen wine making district. Boasting a commanding frontage the property is offered to the market in original condition and presents the perfect blank canvas for a significant home, B&B, boutique hotel, winery, function centre, tea rooms or gallery STCA.
With its Gothic inspired architecture and old world charm, the building is spread over two expansive levels with the ground floor featuring a formal entry, kitchen with original wood stove, chapel and 8 main rooms with soaring ornate ceilings, fireplaces and leadlight windows. The upper level is accessed via two timber staircases (at either end of the hallway) and offers 11 bedrooms, boarding room style bathroom with 22 basins, 2 bathrooms and access to the elevated balcony.
Outdoors the property offers two substantial, free standing brick buildings, carport, 100,000 gallon water tank and an adjoining 9,582sqm vacant parcel of land.
THE LOCATION
Located approximately 3 hours from Melbourne, 35 minutes from Wodonga and a 2 hour drive from the snowfields, the township of Rutherglen is located in the tourism hub of North East Victoria. Originally a gold-mining town in the mid-19th century, Rutherglen has since developed into a major wine-producing region, with more than 15 wineries all located within a short drive from the town centre.
The main street of Rutherglen maintains its historical charm with most of the shop fronts retaining the same look they had a century ago. Attractions within the town include Lake King which is surrounded by Apex Park and Rutherglen Park, as well as the historical wine-bottle-shaped water tower.
The wider North East region provide first class health services, primary and secondary schools with tertiary educational facilities in proximity.
Property History for 50-74 High St, Rutherglen, VIC 3685
- 20 Dec 2019Sold for $910,000
- 11 Oct 2019Listed for Sale $1,500,000
- 21 May 2016Listed for Sale $1.5M - $1.65M
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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 1,610 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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