OFF MARKET

3/1587 Main Road
Research VIC 3095

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 105m2
Land area: 278m2
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Property Details for 3/1587 Main Rd, Research

3/1587 Main Rd, Research is a 2 bedroom, 1 bathroom Townhouse and was built in 2008. The property has a land size of 278m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Townhouse
Year Built
2008
Floor Size
105m2
Land Size
278m2
Local Government
Nillumbik
Lot/Plan
3/PS607229

Last Listing description (April 2023)

This exceptional unit takes townhouse living to an entirely new level of comfort. Beautifully appointed and boasting an expansive paved courtyard and single carport, this home pulls out all the stops to impress.

The interior of this inviting residence is elevated by high ceilings, polished timber floors, and a seamless courtyard connection. The open plan living area is anchored by a gourmet kitchen with gas cooktop, glass splashback, and beautiful waterfall edge stone benchtops. Those who live to entertain will love this sun-filled space that enjoys an enriched sense of roominess.

Equal consideration has been paid to providing optimal comfort in the 2 generous bedrooms with built-in robes. The shared bathroom with floating vanity and separate shower and soaking tub reflects the meticulous presentation shown throughout.

With featured extras including split system heating/cooling units and a sensational location only steps from Research Primary School in proximity of Eltham Village Shopping Centre, Eltham Station, Research Park, and Diamond Valley College, this home offers an outstanding lifestyle. Inspection will impress.

Property History for 3/1587 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$620,000
11 Apr 2023
Listed for Rent
$415/w
21 Nov 2022
  • 11 Apr 2023
    Sold for $620,000
  • 16 Mar 2023
    Listed for Sale $625,000 - $650,000
  • 11 Nov 2022
    Listed for Rent - Price not available
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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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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.