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Sold on 16 Aug 2024 for $785,000

2/1 Nicholson Close
Research VIC 3095

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 621m2
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Property Details for 2/1 Nicholson Cl, Research

2/1 Nicholson Cl, Research is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 621m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Research in the last 12 months.

Building Type
House
Land Size
621m2

Last Listing description (August 2024)

Every now and then, a brilliant blend of versatility and value, delivering more than meets the eye, makes its way to the market. This spacious townhouse on a good old-fashioned 621m2 allotment (approx.) ticks the boxes for flexibility and adaptability with ease.

The ground floor introduces a spacious open plan living-meals wrapping around a modern kitchen and sharing the level with a large bedroom complete with an ensuite.

Head upstairs to discover open plan living-dining complete with a second full-sized kitchen. Enhanced by timber lined ceilings and exposed beams, it opens to a vast tree top deck creating an ideal space for relaxed alfresco living. Complementing the living space are two bedrooms, one enjoying the convenience of ensuite access to the family bathroom.

Effectively, two homes under one roofline it creates an opportunity for multi-generational living, a brilliant option to rent one or both, or a fabulous choice for siblings or friends to
purchase together and live independently.

On its own this makes this property an enticing proposition, however an allotment of 621m2 adds further versatility. Ideal for those who want room to spread out, the superb dimensions introduce a unique opportunity for further redevelopment. (stca)

A short walk to parklands, the bus, Research Village shops and the primary and pre-school, it's just a few minutes to the centre of Eltham and a short drive to Eltham College. This is a rare chance that shouldn't be missed.

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Property History for 2/1 Nicholson Cl, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$785,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $785,000
  • 27 Jul 2024
    Listed for Sale ESR: $730,000 - $780,000

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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 1,146 properties. Over the last 5 years, Houses in Research have seen a 24.10% increase in median value, while Units have seen a 16.35% increase. As at 30 November 2024:

  • The median value for Houses in Research is $1,351,318 while the median value for Units is $883,074.
  • Houses have a median rent of $563 while Units have a median rent of $495.
There are currently 6 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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