OFF MARKET

12 Norman Road
Research VIC 3095

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 5630m2
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Property Details for 12 Norman Rd, Research

Building Type
Rural
Land Size
5630m2
Local Government
Nillumbik
Lot/Plan
1/LP208178

Property History for 12 Norman Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$205,000
27 Jul 1998
  • 27 Jul 1998
    Sold for $205,000
  • 01 Mar 1989
    Sold for $169,500

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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 1,147 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 8 properties listed for sale, and no properties listed for rent in Research on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Research.

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