SOLD
Sold on 24 Feb 2024 for $1,107,000

27 Research Avenue
Research VIC 3095

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 213m2
Land area: 837m2
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Property Details for 27 Research Ave, Research

27 Research Ave, Research is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 837m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Research in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
213m2
Land Size
837m2
Local Government
Nillumbik
Lot/Plan
15/LP12348

Last Listing description (March 2024)

Sale by SET DATE® Tuesday 5th March closing at 6:00pm.

Embracing the tranquillity and natural beauty on which Research has built its reputation, experience an idyllic Research lifestyle with this private and peaceful family sanctuary.

Hidden at the top of a secluded country-style lane seemingly a world away from it all, you're in fact within moments of Research and Eltham shops and cafes, wineries of the Yarra Valley, transport, parklands and excellent schools.

During cooler periods, fend off the chills of winter by throwing some logs into the bluestone fireplace, which enjoys pride of place in the heart of the radiant open-plan living upstairs. And when the sun and stars come out to play, play host to large gatherings with ease on the elevated L-shaped balcony against a breathtaking rural backdrop.

A downstairs rumpus allows the kids to play their games without disturbing other members of the household; with access to a bedroom, it's ideal for privacy-craving teenagers or extended family living.

A further four bedrooms (two with ensuite), study and renovated bathroom on the first-floor offer family flexibility, while a modern family-sized kitchen, polished timber floorboards, abundant natural light, ample storage, double carport, ducted heating and split-system cooling are further highlights of this 844sqm (approx.) slice of Research heaven.

Property History for 27 Research Ave, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$1,107,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $1,107,000
  • 09 Feb 2024
    Listed for Sale Not Disclosed
  • 04 Jun 2016
    Sold for $650,000
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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 1,139 properties. Over the last 5 years, Houses in Research have seen a 16.99% increase in median value, while Units have seen a 31.01% increase. As at 31 July 2024:

  • The median value for Houses in Research is $1,360,171 while the median value for Units is $885,431.
  • Houses have a median rent of $563 while Units have a median rent of $433.
There are currently 1 property listed for sale, and no properties listed for rent in Research on OnTheHouse. According to CoreLogic's data, 38 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.