Rutherglen at a glance
2,653
People
$539,500
Median sale
$416/wk
Median rent
4.01%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
VIC › Rutherglen › Parkins Rd
$1,950,000
Last sold
15 May 2024
5
Bedrooms
3
Bathrooms
5
Car spaces
80,937 m²
Land
337 m²
Building
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,950,000
15 May 2024 · derived via latest_sale
Rutherglen at a glance
2,653
People
$539,500
Median sale
$416/wk
Median rent
4.01%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Rutherglen
+261.4%
Median sale
Suburb $539,500
-2.90 pp
Gross yield
Suburb 4.01%
Suburb median $539,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
FARMING ZONE
FZ
Jurisdiction
Indigo
Indigo, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned FARMING ZONE · FZ (ZN). Official parcel area about 81,669 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 81,669 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3. Vegetation or biodiversity constraints can sterilise the developable portion of the lot. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $416/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned FARMING ZONE · FZ (ZN). Official parcel area about 81,669 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 81,669 m² — land size can look like optionality. What reduces it: ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3. Vegetation or biodiversity constraints can sterilise the developable portion of the lot.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Rutherglen at a glance
2,653
People
$539,500
Median sale
$416/wk
Median rent
4.01%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Seeliger Real EstateNestled just a quick 6-minute drive from the heart of Rutherglen, this exceptional 5-bedroom, 3-bathroom residence is the epitome of country living with the convenience of town centre proximity. Situated on a generous 20.1 acre block, this property offers the perfect blend of peaceful countryside living and the convenience of being mere minutes away from the bustling Rutherglen town centre. Enjoy the tranquillity of the surroundings while having all amenities at your fingertips.
Indulge in four spacious bedrooms, each adorned with built-in robes. The master bedroom elevates the experience with a walk-in wardrobe and a private ensuite, adding a touch of opulence to everyday living. You will also discover a versatile study space that can effortlessly transforms into a fifth bedroom, offering the adaptability your family needs as lifestyles evolve.
The thoughtfully designed open plan living spaces create an inviting atmosphere for family gatherings. The kitchen, fully equipped for culinary adventures, seamlessly connects with the spacious living and meals area. The beautiful stone bench tops, with Red Gum base cabinets features the beautiful spotted gum flooring throughout the property. Flowing effortlessly to the outdoor entertaining space, you'll relish the breath taking views while creating lasting memories. The separate enclosed living room will invite you to enjoy movie nights or game days, offering a private retreat for relaxation and entertainment.
Entertaining is a breeze with the large games room with bi-fold doors that open full length to the pool area and complete with a separate bathroom for added convenience. The spacious concrete salt chlorinated pool beckons for family and friends to enjoy sunny days, taking in the fantastic views of Mount Ophir Estate. Make every moment special in your very own entertainment oasis.
This property is easy to maintain and has all the gadgets ready to get your dream lifestyle started! A chicken coops with concrete flooring, water troughs in every paddock, and stress less about your furry friends with 4 x fully enclosed Dog Kennel with water troughs and concrete flooring making it easy to hose out and keep clean. There's an abundance of water supply with access to town water, a 110 thousand litre tank, bore water and a 10 meg Dam.
No need to worry about storage with a 4 bay shed shed at the rear of the property and a 7m x 6m garage. Whether it's tools, equipment, or recreational gear, you'll have ample space to keep everything organised.
Don't miss the chance to make this property your dream family home. Contact us now to schedule a viewing and experience the best of Rutherglen living!
Listing description written by Mark Seeliger, Seeliger Real Estate — reproduced as published, not verified by Districts.
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