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114 Reid Street, Rutherglen VIC 3685

ESR $475,000 - $489,000

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$475k - $499k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 828 m²

Listed: 9th Sep 2026

Updated: 2 days ago

Overview

This property in Rutherglen presents a rare blend of historic charm and lifestyle potential, ideal for those seeking to invest in a character-filled home with scope for personalisation and enhancement.

Set on a generous 828 square metre allotment, the residence boasts two bedrooms and a bathroom, embodying the qualities of an enduring country home. While in need of renovation, the home offers an exciting canvas for renovators and visionaries to restore and modernise, combining traditional elements with contemporary living comforts.

The distinctive charm of the property also opens possibilities beyond permanent residence; its location and authentic appeal make it a strong candidate for use as a short-stay or Airbnb rental, catering to visitors attracted to the region's sporting facilities, acclaimed wineries, and dining experiences.

Providing ample outdoor space, the site encourages landscaping improvements or additional development, allowing owners to tailor the environment to their preferences. This opportunity to maintain a connection to local heritage while crafting a personalised country lifestyle makes the property suitable for retirees, creatives, or investors looking for a foothold in a sought-after rural community.

Local Market Insights

In Rutherglen, Quiet Listings observed 2 new houses entering the market over the last 30 days, down from 3 during the previous 30-day period, with an average advertised asking price of $1,099,500. All new listings observed during this period were Houses. The most active agency for houses in the Rutherglen area is currently The Agency, representing 50% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.