SOLD
Sold on 18 Dec 2023 for $790,000

4/1587 Main Road
Research VIC 3095

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 293m2
Sold By
Aaron Yeats
Jellis Craig Eltham
Ashleigh Garch
Jellis Craig Eltham
Save

Property Details for 4/1587 Main Rd, Research

4/1587 Main Rd, Research is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 293m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Research in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
100m2
Land Size
293m2
Local Government
Nillumbik
Lot/Plan
4/PS607229

Last Listing description (December 2023)

SOLD by Jellis Craig

Set well back from the road in a quiet enclave, this stylish villa home offers a convenient walk-to-everything lifestyle. Polished timber floors, a cosy gas log fireplace and a high ceiling add to the appeal of the open plan living and dining room, overlooking a modern kitchen equipped with quality Smeg appliances and a stone peninsula breakfast bar.

The well-configured floorplan boasts three spacious bedrooms with built-in robes and a contemporary bathroom and adjoining toilet, quietly placed away from the living areas for maximum privacy. There's an easy flow outdoors from the living areas and kitchen when you're entertaining to a private garden courtyard with a large deck that offers both sunshine and shade. Other highlights include split system air conditioning, ceiling fans, a garden shed, off-street visitor parking and a double carport with an automatic roller door.

In a prime location, moments from Research Primary School and Little Scooters ELC, and a little further to Research Central, Eltham College, bus services and Aqueduct Trail, with easy access to the thriving hub of Eltham Village and Train Station, Greensborough Plaza and a host of local parks and leisure facilities.

Property History for 4/1587 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$790,000
18 Dec 2023
Listed for Rent
$540/w
09 Nov 2022
  • 18 Dec 2023
    Sold for $790,000
  • 22 Nov 2023
    Listed for Sale Not Disclosed
  • 26 Oct 2022
    Listed for Rent $540 / week
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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 1,142 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 1 property listed for rent in Research on OnTheHouse. According to CoreLogic's data, 33 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.