40 Gumtree Road, Research, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

40 Gumtree Road
Research VIC 3095

Bedrooms: 5
Bathrooms: 4
Car spaces: 9
Floor area: 336m2
Land area: 67646m2
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Property Details for 40 Gumtree Rd, Research

Building Type
Rural
Year Built
1980
Floor Size
336m2
Land Size
67646m2
Local Government
Nillumbik
Lot/Plan
2/LP126559

Last Listing description (September 2024)

SOLD by Jellis Craig. Approached along a quiet country lane, 'Mudjimba' offers unparalleled privacy and the chance to immerse yourself in the tranquility and beauty of this prestigious locale on a private 16.7 acres. Designed by renowned architect John Pizzey and built with love by the owners, this striking home flaunts a classic mudbrick silhouette with a wide return verandah, welcoming you inside to an inviting lounge and dining room, accentuated by beautiful recycled timbers and mudbrick walls, a roaring open fire and French doors to the entertaining areas, and glistening heated pool/spa with a cascading water feature.

Step through to a family room and meals zone enhanced by a red brick floor and igloo fireplace created by a local artisan. The kitchen boasts quality Red Gum cabinets and benches, a walk-in pantry, dual gas/electric cooktop, a BBQ and a commercial rangehood. Contemporary comfort extends to a large fireside living room; with family accommodation comprising five generous bedrooms (master with a spa ensuite), two well-placed bathrooms, and a balcony to relax and enjoy the city-skyline views.

A charming 2-bedroom cottage provides wonderful guest accommodation, multi-generational living, an exclusive Airbnb stay or a rental income stream. Highlights include hydronic heating, split system air conditioning, double-glazed windows/doors, a laundry chute, hardwood floors, a high-clearance machinery shed, water tank, 7 fenced paddocks, 2 stables, a tack room, a triple auto garage with workshop and toilet, and a carport for the cottage.

Positioned close to Gumtree Reserve and Eltham College, Research Central, Primary School and ELC, zoned for Eltham High and within easy reach of local parks, leisure facilities, Eltham Shopping Village and Train Station.

Property History for 40 Gumtree Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$3,160,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $3,160,000
  • 14 Mar 2024
    Listed for Sale Not Disclosed
  • 01 Aug 1983
    Sold for $89,000
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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.