5/1587 Main Road, Research, VIC 3095 | Property Value & History | OnTheHouse
OFF MARKET

5/1587 Main Road
Research VIC 3095

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 186m2
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Property Details for 5/1587 Main Rd, Research

5/1587 Main Rd, Research is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2010. The property has a land size of 186m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Townhouse
Year Built
2010
Land Size
186m2
Local Government
Nillumbik
Lot/Plan
5/PS607229

Last Listing description (October 2023)

Discover the perfect blend of modern comfort and convenience in this splendid 3 bedroom, 2 bathroom townhouse nestled at the border of Eltham and Research. Just a short stroll away from the local village, Research Park, and Eltham College, this home presents an ideal living experience for you and your family.

Key Features:
- 3 Bedrooms

- 2 Bathrooms
- Polished Floorboards
- Stone Benchtops
- Glass Splashbacks
- Dishwasher & S/S Appliances
- Split System Heating and Cooling
- Outdoor Entertaining Area
- Double Lock-Up Garage
- Low maintenance yard

Don't miss this opportunity to make this lovely townhouse your new home! Close to schools, parks, and local amenities, it offers a convenient and comfortable lifestyle.

For more information or to schedule a viewing, please contact us today. This property won't last long!

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Property History for 5/1587 Main Rd, Research, VIC 3095

A timeline of how this property has performed in the market
Last Sold
$787,500
22 Sep 2023
Listed for Rent
$700/w
30 Oct 2023
  • 16 Oct 2023
    Listed for Rent $685 / week
  • 22 Sep 2023
    Sold for $787,500
  • 22 Aug 2023
    Listed for Sale $820,000
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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.