1621 Main Road, Research, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

1621 Main Road
Research VIC 3095

Bedrooms: 4
Bathrooms: -
Car spaces: 5
Floor area: 250m2
Land area: 357m2
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Property Details for 1621 Main Rd, Research

Building Type
Commercial
Floor Size
250m2
Land Size
357m2
Local Government
Nillumbik
Lot/Plan
1/PS334830

Last Listing description (June 2019)

Maximize your business opportunities in this 250 m2 factory (approx) that offers a rare opportunity to secure a commercial holding in the only industrial pocket in Research. Set in the heart of this vibrant business area with easy access directly off a service road, it is perfectly suited to a wide variety of uses (stca). Ready for a fit out to suit your needs, it would make a great business base or strategic property investment.
Building Area 250m2 (approx)
Land Area 356m2 (approx)

Occupancy Vacant possession
Zoning Industrial zone 3
Parking Spaces 5 on title
Features
Clear span. High Clearance
150 mm thick concrete floor
5 metre high roller door
Staff toilet. Lunch room
Ground floor - 36m2 (approx) office /storage area
First floor - 42 m2 (approx) office
Extra storage 60 m2 (approx)
No body corporate

Property History for 1621 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$588,500
01 Aug 2015
Listed for Rent
12 Mar 2011
  • 01 Aug 2015
    Sold for $588,500
  • 03 Feb 2015
    Listed for Sale Not Disclosed
  • 28 Nov 2008
    Listed for Rent - Price not available
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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 1,160 properties. Over the last 5 years, Houses in Research have seen a 7.23% increase in median value, while Units have seen a 4.97% increase. As at 31 March 2026:

  • The median value for Houses in Research is $1,422,457 while the median value for Units is $882,523.
  • Houses have a median rent of $550 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 Cotality's data, 59 properties were sold in the past 12 months in Research.

Suburb Insights for Research 3095

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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.