SOLD
Sold on 12 Jul 2024 for $1,850,000

388 Reynolds Road
Research VIC 3095

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 253m2
Land area: 4003m2
Sold By
Jellis Craig Eltham
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Property Details for 388 Reynolds Rd, Research

Building Type
Rural
Year Built
2000
Floor Size
253m2
Land Size
4003m2
Local Government
Nillumbik
Lot/Plan
1/PS349485

Last Listing description (September 2024)

At one with the environment, this stunning architecturally designed home with unencumbered bush views promises an elite family lifestyle. Set well back from the road, a welcoming full-length veranda is the perfect place to sit back and enjoy the fresh air, while the French doors to the front, open to show the impeccably presented home. The generous floorplan is accentuated by light and space, introduced by a formal lounge with an open fire, and an adjoining rumpus/retreat area overlooking the beautiful landscaped gardens.

At its heart, the expansive family room and dining domain are drenched in light and feature glossy Brush Box timber floors, with a designer kitchen in Italian laminate finishes, is guaranteed to impress the resident chef. Appointed with a granite breakfast bar, quality appliances, walk in pantry and excellent storage. French doors create a unified connection to the backyard with an alfresco zone and a glistening solar/gas heated, Enviroswim fresh water pool/spa - offering a quiet spot to relax in the sunshine or host larger gatherings amongst family and friends.

The master bedroom enjoys a serene outlook and access to the verandah, finished with a luxe spa ensuite and a walk-in robe, alongside a versatile home office/bedroom that opens to the pool and backyard. In a separate wing, discover three generous bedrooms with built-in robes and a stylish family bathroom. Noteworthy highlights include ducted heating, evaporative cooling, repainted interior, a pizza oven, large wicking beds and a triple garage.

From this outstanding location, you'll enjoy proximity to Eltham College and Little Scooters ELC, zoned for Research Primary School and Eltham High, with proximity to Eltham Village and Train Station, local parks, sports and recreational facilities.

Property History for 388 Reynolds Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$1,850,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,850,000
  • 20 Feb 2024
    Listed for Sale $1,875,000 - $1,950,000
  • 27 Aug 1999
    Sold for $225,000

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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 1,148 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, 31 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.