Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $550,000 | 0.0% | $345,000 | $1,502,000 | 21 |
| 2010 | $760,000 | +27.6% | $480,000 | $1,621,000 | 33 |
| 2011 | $710,000 | -7.0% | $475,000 | $1,280,000 | 18 |
| 2012 | $708,000 | -0.3% | $330,000 | $2,300,000 | 25 |
| 2013 | $915,000 | +22.6% | $385,000 | $1,925,000 | 34 |
| 2014 | $775,000 | -18.1% | $427,000 | $1,850,000 | 54 |
| 2015 | $870,000 | +10.9% | $486,000 | $1,775,000 | 36 |
| 2016 | $955,250 | +8.9% | $535,000 | $2,750,000 | 30 |
| 2017 | $1,540,000 | +38.0% | $720,000 | $2,300,000 | 19 |
| 2018 | $1,250,000 | -23.2% | $727,500 | $2,502,500 | 25 |
| 2019 | $1,025,000 | -22.0% | $670,000 | $2,500,000 | 35 |
| 2020 | $1,270,000 | +19.3% | $760,000 | $2,050,000 | 30 |
| 2021 | $1,290,000 | +1.6% | $725,000 | $3,035,000 | 49 |
| 2022 | $1,550,000 | +16.8% | $815,000 | $3,808,000 | 29 |
| 2023 | $1,380,000 | -12.3% | $760,500 | $3,210,000 | 26 |
| 2024 | $1,391,337 | +0.8% | $818,500 | $3,160,000 | 10 |
Median Sale Price
$1.39M
Based on 31 recorded sales within the last 12 months
Updated on 27 Apr 2024
Suburb Growth
-11.4%
Current Median Price: $1,391,337
Previous Median Price: $1,550,000
Based on 57 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $330 | $600 | 15 |
| 2012 | $450 | -4.4% | $300 | $720 | 10 |
| 2013 | $450 | 0.0% | $340 | $900 | 13 |
| 2014 | $400 | -12.5% | $310 | $900 | 13 |
| 2015 | $470 | +14.9% | $340 | $675 | 16 |
| 2016 | $475 | +1.1% | $350 | $1,100 | 20 |
| 2017 | $450 | -5.6% | $330 | $565 | 13 |
| 2018 | $580 | +22.4% | $320 | $777 | 8 |
| 2019 | $520 | -11.5% | $370 | $950 | 9 |
| 2020 | $550 | +5.5% | $430 | $750 | 10 |
| 2021 | $620 | +11.3% | $460 | $830 | 5 |
| 2022 | $620 | 0.0% | $520 | $750 | 3 |
| 2023 | $620 | 0.0% | $520 | $675 | 5 |
| 2024 | - | - | - | - | - |
Median Rent Price
$620
per week
Based on 4 recorded rent within the last 12 months
Updated on 27 Apr 2024
Rent Price Growth
0.0%
Current Median Rent: $620
Previous Median Rent: $620
Based on 8 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,391,337
Current Median rent: $620
Based on 35 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Research
Houses sold in Last 12 months ends 20 Apr 2024
$1.31M
Median Sale Price
67%
Clearance Rate
4/6
Sold/Reported
$1.41M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 2 | |
| $1 M - $1.2 M | 1 | |
Similar Suburbs to Research 3095
Based on median house sale price sold in last 12 months
Schools closest to Research, VIC 3095
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Research Primary School | 1570 MAIN ROADResearch 3095 | Primary | Government | 0.24 km |