40 Margaret Street, Research, VIC 3095 sold on 20 May 2025 | OnTheHouse
SOLD
Sold on 20 May 2025 for $1,950,000

40 Margaret Street
Research VIC 3095

Bedrooms: 3
Bathrooms: 4
Car spaces: 4
Land area: 5805m2
Sold By
agent headshot
Jellis Craig Eltham
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Property Details for 40 Margaret St, Research

Building Type
Rural
Year Built
1980
Land Size
5805m2
Local Government
Nillumbik
Lot/Plan
6/LP11736

Last Listing description (May 2025)

Jellis Craig

EXPRESSIONS OF INTEREST CLOSING TUESDAY, 27TH MAY AT 4PM (UNLESS SOLD PRIOR)

Promising a dream lifestyle on approx. 1.5 acres, this remarkable home Sunnyside indulges the senses and celebrates the breathtaking landscape that surrounds it. A soaring timber-lined ceiling adds volume and grandeur to the spacious lounge room, embraced by an open fire that crackles with warmth on a winters night, and full-height windows that frame peaceful views and natural light.

The fireside family room and dining zone allow laughter and conversation to flow, overlooking a gourmet kitchen appointed with a stone island, quality appliances, and a seamless connection to the picturesque backyard, featuring relaxed alfresco zones and endless space for family activities.

Well-zoned accommodation offers flexibility, with 5 bedrooms across a sprawling design, supported by three stylish bathrooms - including the master with a walk-in robe and ensuite. Adding further appeal is a large rumpus/billiards room, a home office, and a fully enclosed poolhouse with a gas-heated pool, spa, bathroom, and access to an open-air deck that invites relaxation in a peaceful treed setting.

Enhancing the homes appeal are gas space heaters, split system air conditioning, a double carport, and a double auto garage. In a whisper-quiet pocket, you can walk to Aqueduct Trail, and offer convenience to Research Central and Primary School, Diamond Valley College (zoned), Eltham College, Edendale Farm, and Eltham Station Village.

Property History for 40 Margaret St, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$1,950,000
20 May 2025
  • 20 May 2025
    Sold for $1,950,000
  • 29 Apr 2025
    Listed for Sale $1,800,000 - $1,950,000
  • 24 Mar 2001
    Sold for $415,000
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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.