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VIC › Rutherglen › Redgum Pl

4 Redgum Pl, Rutherglen VIC 3685

For saleHouse for Sale

$749,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

1,007 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $749,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $749,000(Listing record · 26 Feb 2026)
  • FactLand 1,007 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% above the Rutherglen median recorded sale ($539,500, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Rutherglen's advertised median rent ($416/wk), implied gross yield would be 2.89% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$749,000

Asking · $744/m² of land

No recorded sale for this property.

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.

See the full Rutherglen report →

Vs Rutherglen

+38.8%

Median sale

Suburb $539,500

-1.12 pp

Gross yield

Suburb 4.01%

Suburb median $539,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$749,000
Stamp Duty (Victoria)
$40,010
Transfer/Registration Fee
$1,857
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$794,567

$45,567 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Rutherglen's advertised median rent — not a rent for this listing.

Net yield
1.39%
Annual cashflow (pre-tax)
$-28,551
Interest cover (DSCR)
0.27
Annual rent
$21,632
Operating expenses
$11,235
Loan amount
$599,200
Annual interest
$38,948
Gross yield
2.89%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$749,000available26 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Rutherglen in one glance

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.

See the full Rutherglen report →

Keep researching

  • Why Rutherglen? Read the area thesis →
  • What else is on the market in Rutherglen →
  • Other records on Redgum Pl →

Listing material

Listed by Border Property Exchange

Perfect upsizing home that's the complete package

Coming to the market for the first time since being built by Dennis Family Homes in 2013, presents the opportunity for those seeking a modern family home that is the full package inside/out. 4 Redgum Place is positioned on a generous 1007sqm allotment that has been thoughtfully designed for entertaining, practical storage and comfort for the whole family to enjoy while its central location will be a draw card with Rutherglen's Main Street just a short walk away which is home to award winning restaurants, cafes and schools.

The home consists of four well sized bedrooms, each appointed with ceiling fans and built in robes in three bedrooms. The master suite is complete with a walk in robe and a stylish ensuite featuring a floating vanity and double sinks. Inside comfort is assured with a formal lounge at the front of the home, where expansive windows invite an abundance of natural light to pour in, creating a warm and welcoming retreat for quiet relaxation. Further within, a spacious open plan family and dining area offers the perfect setting for everyday living and effortless entertaining. Perfectly positioned to oversee the living area, the kitchen showcases an elegant island bench with double sinks, gas cooking, dishwasher, walk in pantry and vast bench spacing that will make meal preparation effortless. The main bathroom will be practical for the whole family that provides a shower, bath, vanity and separate toilet whilst the laundry has a built in linen cupboard.

Step outside to an entertainer’s paradise, featuring an expansive 8.9 m × 6.7 m alfresco area that will be a great space for hosting gatherings or the added bonus of having double gate side access with a gravel driveway that provides convenient access to the 6m x 7m powered shed that will comfortably store vehicles, boats or be an additional retreat to enjoy with its ceiling fan, wood heater and concrete flooring.

Read the full description

Additional features includes internal roller blinds, evaporative cooling, ducted gas heating, double garage with automatic door, solar hws with gas booster, natural gas point for a bbq in the alfresco, cubby house, external blinds, 5000L rain water tank with pump for outside irrigation and garden shedding.

The ultimate all in one residence that has it all is on offer in a family oriented pocket of Rutherglen, If you are looking for a quiet lifestyle in a home that has remarkable upside then 4 Redgum Place Rutherglen will be the one for you. For further information or to arrange a viewing, contact Matt Humphreys 0438 037 551 or Emma Webb 0488 362 352.

Disclaimer: The information contained in this advertisement is provided for general information purposes only and is not intended to be a substitute for independent professional advice. While every effort has been made to ensure the accuracy of the information provided, no guarantee is made regarding its completeness, accuracy, or reliability. Prospective buyers should conduct their own investigations, obtain independent advice and verify all information before making any decisions.

Property Code: 1591

Listing description written by Matt Humphreys, Border Property Exchange — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.