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Research
VIC, 3095 - Nillumbik

Thinking about buying in Research? Now could not be a better time, with 1197 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,732,000 with prices in this suburb ranging from $712,000 to $5,050,000. The aproximate distance to the coast is 22 Km.

Household Makeup

Median Weekly Rent $468.50
Median Monthly Mortgage $2404.25
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 43.92
Average Income $1022.67
Average Cars Per Dwelling 2.48
Average Properties Within 50M 6

Housing Stock

Average Property Prices

1 Bed  $1,794,000
2 Bed  $1,457,000
3 Bed  $1,470,000
4 Bed  $2,127,000
5 Bed  $2,439,000
6 Bed+$2,487,000
Properties for sale in Research
Instant Property Valuation

Research Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Research driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Research ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Research provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Research to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Research we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Research a better buying opportunity than it may have been in the past.

Houses for sale Research

BarryPlant 27 RESEARCH AV, RESEARCH, VIC, 3095 Beds5 Bathrooms4 Parking 2 Price Guide: $970,000 - $1.06m
BarryPlant UNIT 2, 390 REYNOLDS RD, RESEARCH, VIC, 3095 Beds4 Bathrooms2 Parking 2 Price Guide: $2.3m - $2.39m

Local Schools

Eltham College

Research Primary School

Kangaroo Ground Primary School

Eltham North Primary School

Eltham East Primary School

Diamond Creek East Primary School

Diamond Valley College

Sacred Heart School

(While the above schools are located with the suburb of Research there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Research weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ElthamNorth WarrandyteEltham NorthKangaroo GroundWattle GlenWarrandyteDiamond CreekSt HelenaMontmorencyBriar Hill

Public Transport

Hurstbridge - Less than 10 KM Montmorency - Less than 10 KM Stop 70: Clements Drive - Greater then 10KM Stop 70: Janefield Drive - Greater then 10KM Stop 71: RMIT Bundoora Campus - Greater then 10KM Stop 71: RMIT Bundoora Campus - Greater then 10KM Macleod - Greater then 10KM Watsonia - Less than 10 KM Diamond Creek - Less than 5 KM Wattle Glen - Less than 5 KM

General Points of Interest

Macedon Plaza - Less than 10 KM Karingal Tennis Club - Less than 10 KM St John Golf Course - Less than 10 KM Diamond Valley Railway - Less than 10 KM View Bank Tennis Club - Less than 10 KM Doncaster Athletics Track - Less than 10 KM Goldfields Shopping Centre - Less than 5 KM Warrandyte War Memorial - Less than 5 KM Doncaster Action Indoor Sports - Less than 10 KM Eltham Leisure Centre - Less than 5 KM

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