1/1516 Main Road, Research, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

1/1516 Main Road
Research VIC 3095

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 424m2
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Property Details for 1/1516 Main Rd, Research

1/1516 Main Rd, Research is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 424m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Townhouse
Year Built
2005
Floor Size
190m2
Land Size
424m2
Local Government
Nillumbik
Lot/Plan
1/PS519849

Last Listing description (June 2019)

A peaceful oasis behind landscaped gardens within a 415m2 allotment (approx.), this stylish, sophisticated home combines an abundance of space with low-maintenance ease to deliver a lifestyle that very few manage to achieve. One of only two on the block and set well back from the road, a privileged position just a short walk to the Research Village mix of shops, takeaways, cafes and adjacent school and child care, is only part of the appeal delightful split-level home. The entry level opens to a large open plan living/meals, enhanced by glossy timber floors and wrapping around a kitchen finished with quality stainless steel appliances. Floor to ceiling glass captures the northern sun while the glass doors allow a seamless transition out to a generous deck, sitting just above the garden. Featuring new carpet, the remaining levels introduce a main bedroom with ensuite three remaining bedrooms served by the family bathroom and a second spacious living area. Ideal as a teen retreat, it would work just as well as a home office if desired. Outside, the clever layout allows the double carport secure behind an auto roller door to take on duties as an extra covered alfresco space if required. With multiple split system units ensuring year-round comfort, fitted laundry, plenty of storage options, shed and the station, dining and shopping options of Eltham merely minutes away, its a perfectly positioned private sanctuary. ***PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS***

Property History for 1/1516 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$785,000
30 May 2019
Listed for Rent
$400/w
01 Apr 2010
  • 30 May 2019
    Sold for $785,000
  • 18 Mar 2019
    Listed for Sale ESR: $770,000 - $820,000
  • 14 Feb 2013
    Listed for Sale $529,000
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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 2016 was 2649 people. By 2021 the population was 2695 showing a population growth of 1.7% 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 $3000 - $3999 per month on mortgage repayments. In general, people in Research work in a professional occupation.In 2021, 91.60% of the homes in Research were owner-occupied compared with 89.60% in 2016.

Research has 1,161 properties. Over the last 5 years, Houses in Research have seen a 29.33% increase in median value, while Units have seen a 14.37% increase. As at 30 November 2025:

  • The median value for Houses in Research is $1,504,352 while the median value for Units is $918,316.
  • Houses have a median rent of $550 while Units have a median rent of $478.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Research on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Research.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.