OFF MARKET

525 Mount Pleasant Road
Research VIC 3095

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Land area: 87256m2
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Property Details for 525 Mount Pleasant Rd, Research

Building Type
Land
Year Built
1976
Land Size
87256m2
Local Government
Nillumbik
Lot/Plan
28/LP4802

Last Listing description (December 2017)

INSPECT BY APPOINTMENT
From its exceptional, elevated setting at the summit of Mount Pleasant Road this landmark property appreciates panoramic sights that stretches all the way to the city skyline - and beyond. The views are equally impressive from a more immediate perspective as this majestic residence delivers five bedroom, four bathroom dimensions defined by a fabulous focus on quality and an evident emphasis on entertaining. Refined reception rooms, superb informal proportions and a substantial, impressively equipped stainless steel fitted kitchen convey the outstanding quality of a residence where the accommodation, including a main bedroom with a dressing room and elegant ensuite, is complemented by a generous dedicated home office. Land size is 28 acres (approx).
Unforgettable grounds ensure botanic beauty accompanies an estate featuring:

- Separate guest house / on-site living quarters. Featuring single level living, 2 bedrooms, car port, lovely kitchen dining and views to the CBD;
- a spectacular pool pavilion featuring sauna, lounge area, commercial kitchen and dining room;
- a gymnasium;
- an all-weather flood-lit tennis court;
- garaging for up to twelve cars;
- dedicated dog run;
- electric fencing;
- organic veggie patch and chicken run fully secured;
- twin dams, bore and water tanks on-site with irrigation covering the property;
- Impeccable horse stables;
This is a remarkable holding in every respect - Nothing else comes close.
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Property History for 525 Mount Pleasant Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$6,700,000
20 Nov 2017
  • 20 Nov 2017
    Sold for $6,700,000
  • 20 Oct 2017
    Listed for Sale Expressions Of Interest Closing Wed 22nd Nov 5pm
  • 09 Sep 2016
    Listed for Sale Not Disclosed
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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 7 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.