2/1 Nicholson Close, Research, VIC 3095 | Property Value & History | OnTheHouse
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2/1 Nicholson Close
Research VIC 3095

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 119m2
Land area: 621m2
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Property Details for 2/1 Nicholson Cl, Research

2/1 Nicholson Cl, Research is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 621m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1975
Floor Size
119m2
Land Size
621m2
Local Government
Nillumbik
Lot/Plan
2/PS314143

Last Listing description (August 2024)

Every now and then, a brilliant blend of versatility and value, delivering more than meets the eye, makes its way to the market. This spacious townhouse on a good old-fashioned 621m2 allotment (approx.) ticks the boxes for flexibility and adaptability with ease.

The ground floor introduces a spacious open plan living-meals wrapping around a modern kitchen and sharing the level with a large bedroom complete with an ensuite.

Head upstairs to discover open plan living-dining complete with a second full-sized kitchen. Enhanced by timber lined ceilings and exposed beams, it opens to a vast tree top deck creating an ideal space for relaxed alfresco living. Complementing the living space are two bedrooms, one enjoying the convenience of ensuite access to the family bathroom.

Effectively, two homes under one roofline it creates an opportunity for multi-generational living, a brilliant option to rent one or both, or a fabulous choice for siblings or friends to
purchase together and live independently.

On its own this makes this property an enticing proposition, however an allotment of 621m2 adds further versatility. Ideal for those who want room to spread out, the superb dimensions introduce a unique opportunity for further redevelopment. (stca)

A short walk to parklands, the bus, Research Village shops and the primary and pre-school, it's just a few minutes to the centre of Eltham and a short drive to Eltham College. This is a rare chance that shouldn't be missed.

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Property History for 2/1 Nicholson Cl, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$785,000
16 Aug 2024
  • 16 Aug 2024
    Sold for $785,000
  • 27 Jul 2024
    Listed for Sale ESR: $730,000 - $780,000
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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.

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.