OFF MARKET

1581 Main Road
Research VIC 3095

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 1360m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1581 Main Rd, Research

1581 Main Rd, Research is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1360m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1950
Floor Size
96m2
Land Size
1360m2
Local Government
Nillumbik
Lot/Plan
1/LP71726

Last Listing description (May 2021)

EXPRESSIONS OF INTEREST CLOSING 1ST JUNE AT 4PM (UNLESS SOLD PRIOR)

SOLD by Jellis Craig. Vegetation removal permitted under the Victorian Planning Provisions 52.12 Bushfire Protection Exemptions Guidelines.

Enviably located with convenience to central Research and directly adjoining the tranquil natural environs of Swipers Gully Creek Reserve, this immediately comfortable 2 bedroom + study home on a generous 1338m2 (approx.) GRZ1 allotment offers opportunity for homebuyers to simply move in and enjoy, with scope for further capital improvement through renovation/extension, new home site or for astute investors to create a multi-unit redevelopment (STCA).

Updated throughout and presented in comfortable order, the easy living layout opens to the spacious lounge leading to the light filled kitchen with meals and large study/second living space.
Two sizable bedrooms are serviced by the tidy bathroom and full size laundry.

The charming natural outdoor setting includes carport accommodation further complemented by a double garage/workshop complete with three phase power and the delightfully landscaped, low maintenance rear yard provides space for endless enjoyment with direct creek access.

With options aplenty, this excellent landholding is Ideally located in a family-favoured neighbourhood opposite Research primary, close by Eltham College, trains, Eltham Village shopping villages, local parks and recreational facilities and Westfield Doncaster.

Property History for 1581 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$925,000
21 May 2021
  • 21 May 2021
    Sold for $925,000
  • 16 Apr 2021
    Listed for Sale $890,000 - $970,000
  • 06 Sep 1977
    Sold for $27,250
Sign in to see more transactions

Commute Calculator

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 7 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.

Suburb Insights for Research 3095

Market Insights
Research Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Research Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.