128-130 Main StreetRutherglen VIC 3685
Property Details for 128-130 Main St, Rutherglen
Last Listing description (February 2025)
We are pleased to offer this exciting freehold opportunity in the Main St of Rutherglen. Home to the local Newsagency, Tattersalls outlet and Hume Bank. This freehold is offered with a secure tenancy until June 2025, with an additional 2x 2-year options.
Currently returning $24,000 pa, this property would be a welcome addition or start to your Commercial portfolio.
Rutherglen, halfway between Albury/Wodonga and Yarrawonga, is an iconic Victorian town, famous for its Vineyards, award-winning Parker Pies and tourist attractions.
Property History for 128-130 Main St, Rutherglen, VIC 3685
- 14 Jan 2025Sold for $430,000
- 20 Nov 2024Listed for Sale $490,000
- 06 May 2024Listed for Sale $490,000
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About Rutherglen 3685
The size of Rutherglen is approximately 125.4 square kilometres. It has 8 parks covering nearly 1.0% of total area. The population of Rutherglen in 2016 was 2378 people. By 2021 the population was 2579 showing a population growth of 8.4% 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 2021, 77.00% of the homes in Rutherglen were owner-occupied compared with 73.60% in 2016.
Rutherglen has 1,663 properties. Over the last 5 years, Houses in Rutherglen have seen a 62.92% increase in median value, while Units have seen a 63.43% increase. As at 31 January 2026:
- The median value for Houses in Rutherglen is $539,290 while the median value for Units is $347,454.
- Houses have a median rent of $580 while Units have a median rent of $220.
Suburb Insights for Rutherglen 3685
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