Market snapshot
Suburb insights for Research3095
Change suburbResearch is located 27 km north-east of the CBD. Research is a sparsely populated affluent suburb located in Melbourne's north-east with a large proportion of high income households. The western region of the suburb is primarily residential while the central part is rural living. Tracts of forest vegetation occupy it's south-eastern parts while the Maroondah aqueduct traverses the suburb. The suburb also features Research Park and the Eltham Performing Arts Centre.
Sales data
Median sale price
$1.5mil
Annual price change
-3.5%
Metro Melbourne Comparison
$916k
-3.2%
| Bedrooms | Research | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | - | $807,500 |
| 4 | $1,482,500 | $950,000 |
| Insight | Research | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 34 | 42 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Research | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
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