SOLD
Sold on 12 Jun 2024 for $2,800,000

1/390 Reynolds Road
Research VIC 3095

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Land area: 4350m2
Sold By
Jellis Craig Eltham
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Property Details for 1/390 Reynolds Rd, Research

Building Type
Rural
Year Built
1990
Land Size
4350m2
Local Government
Nillumbik
Lot/Plan
5/PS710557

Last Listing description (June 2024)

SOLD by Jellis Craig. An architectural masterpiece designed by Gary McFarlane and brought to fruition by Woodridge Homes just 8 years ago; this extraordinary residence nestled in privacy down a long driveway, delivers unparalleled living on a lush garden acre. With every conceivable luxury, the formal lounge room is placed at the front and provides a welcome retreat, accompanied by an expansive living and dining room where you can enjoy the cosy fire while you gaze out over the dam and Kinglake Ranges in the distance.

At the core of this home lies a showpiece kitchen, boasting a porcelain stone waterfall breakfast bar, two Miele ovens and a gas cooktop, supported by a butler's pantry with a preparation sink and drinks fridge. Thoughtfully zoned, a home office offers a quiet space to work or study, complemented by the private main bedroom overlooking the garden - finished with a walk-in robe and indulgently large ensuite.

The remaining bedrooms are all framed by verdant gardens, including a guest suite with a wet bar and a modern ensuite, paired with two additional bedrooms, a contemporary family bathroom and a stylish powder room. Drenched in northerly sunshine, the sprawling backyard features a large covered alfresco zone with a soothing outlook, a pizza oven/BBQ zone and endless room for family activities.

Appointed with an automatic front gate, alarm system, zoned ducted heating and refrigerated cooling, ducted vacuuming, double-glazed windows, a watering system, triple bay machinery shed with a bathroom and 3-phase power, shade house, hothouse, veggie gardens, fruit trees, a dog kennel, chicken coop and a double auto garage with internal access.

In a quiet yet prominent location, with proximity to Eltham Village and train station, the Woodridge bus stop on Eucalyptus Road is a mere 800m away, Research Central and Primary School, Eltham College and Little Scooters ELC, zoned for Eltham High and a short distance from local parks, sports and recreational facilities.

Property History for 1/390 Reynolds Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$2,800,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $2,800,000
  • 15 Apr 2024
    Listed for Sale $2,750,000 - $2,950,000

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About Research 3095

The size of Research is approximately 8.9 square kilometres. It has 11 parks covering nearly 5.5% of total area. The population of Research in 2011 was 2,636 people. By 2016 the population was 2,640 showing a population growth of 0.2% in the area during that time. The predominant age group in Research is 50-59 years. Households in Research are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Research work in a professional occupation. In 2011, 90.2% of the homes in Research were owner-occupied compared with 89.6% in 2016.

Research has 1,148 properties. Over the last 5 years, Houses in Research have seen a 34.35% increase in median value, while Units have seen a 20.45% increase. As at 31 October 2024:

  • The median value for Houses in Research is $1,445,441 while the median value for Units is $876,430.
  • Houses have a median rent of $563 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and no properties listed for rent in Research on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Research.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.