4/40-42 Diamond CircuitRutherford NSW 2320
Property Details for 4/40-42 Diamond Cct, Rutherford
4/40-42 Diamond Cct, Rutherford is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 1758m2 and floor size of 82m2.
Last Listing description (October 2020)
CONTACT AGENT FOR A PRIVATE INSPECTION
When starting out on your real estate journey, an opportunity to enter the market in a brand-new property rarely presents itself. Today we welcome you to 4/40 42 Diamond Crt, Rutherford.
The complex is now finished construction and are ready for the wise purchaser to inspect. this villa offers two bedrooms, a single remote garage with internal access and an undercover alfresco area in a fully fenced grassed yard. Being free standing and having a large yard gives the illusion of your own small house rather than being in built up living but in a price range that provides an opportunity to enter the market, invest or downsize alike.
Being brand new the complex will attract first home buyers eligible for the First Home Buyer New Home Scheme, stamp duty exemption and abolishment of Insurance duty on lenders mortgage insurance. For more information about the benefits of purchasing a brand new first home go to https://www.revenue.nsw.gov.au/grants-schemes/first-home-buyer/new-homes.
Equally, investors will pay keen attention to the development when looking to maximise depreciation tax incentives and reduce maintenance costs for a more predictable rental return. Considering Rutherford was named the number 2 suburb in NSW for investment 2019 by Money Magazine, the suburb has achieved a yield of 4.9% in the suburb over the last 12 months and an annual capital growth rate of 2.15% for units and villas it is no wonder the predictions for investment in the area are positive.
Alternately, downsizers looking to make the most of the governments non-concessional contribution to super when downsizing from the family home over the age of 65 will see many benefits of this sweet spot of the market with home maintenance kept at a minimum, a healthy balance between community living and the independence and privacy of a free standing property, the proximity to the services Rutherford Shopping Precinct offers and the access this price point offers without compromising on the quality of your home. For more information of what is available for downsizers of the age of 65 go to https://www.moneysmart.gov.au/superannuation-and-retirement/income-sources-in-retirement/selling-the-family-home
Come and inspect this twinkling opportunity at 4/40-42 Diamond Crt. Because you were meant to sparkle.
This property is proudly marketed by First National David Haggarty. For further information or to book your private inspection contact Michael Haggarty 0408 021 921 or Andrew Lange 0403 142 320. First National - We Put You First
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries
Property History for 4/40-42 Diamond Cct, Rutherford, NSW 2320
- 14 Nov 2019Listed for Sale $410,000
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About Rutherford 2320
The size of Rutherford is approximately 13.4 square kilometres. There are 24 parks, covering nearly 8.7% of the total area. The population of Rutherford in 2016 was 11884 people. By 2021 the population was 13091 showing a population growth of 10.2% in the area during that time. The predominant age group in Rutherford is 0-9 years. Households in Rutherford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rutherford work in a trades occupation.In 2021, 60.10% of the homes in Rutherford were owner-occupied compared with 55.90% in 2016.
Rutherford has 6,590 properties. Over the last 5 years, Houses in Rutherford have seen a 49.45% increase in median value, while Units have seen a 48.67% increase. As at 31 August 2026:
- The median value for Houses in Rutherford is $790,662 while the median value for Units is $596,356.
- Houses have a median rent of $640 while Units have a median rent of $520.
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