Shire of Nillumbik
Research

Research Property Market
& Suburb Profile

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MEDIAN PRICES IN RESEARCH

Median house price

(all agencies, last 12 months)$1.7m*

House price change

(all agencies, last 12 months)+13.28%

Median unit price

(all agencies, last 12 months)$780k*

Unit price change

(all agencies, last 12 months)-11.21%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

RESEARCH PRICE TRACKER

HousesUnits

RESEARCH SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)34

Average days on market (units)

(all agencies, 12 months)30

Average held period in Research

(proptrack)15 years

RESEARCH INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$818pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$690pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.29%

Average rental yield for Units

(all agencies, last 12 months)4%

Research total population size

(as at the last census)2,695

Median household size in Research

(as at the last census)3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

RESEARCH PROPERTY TYPES

  • Houses 56%
  • Units 11%
  • Other 33%

OCCUPANCY IN RESEARCH

  • Owned 92%
  • Rented 6%
  • Other/Not Stated 2%
  • Singles 14%
  • Families 85%
  • Other 1%

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ABOUT RESEARCH

Located approximately 24 kilometers northeast of Melbourne’s Central Business District, the suburb of Research offers a distinct residential profile that serves as a bridge between suburban convenience and the rugged beauty of the Nillumbik Shire’s "green wedge."

The suburb’s curious name is a literal remnant of the Victorian gold rush era; originally known as Swipers Gully, the area was renamed after gold was successfully found following a period where the land was extensively "re-searched" by persistent miners in the 1860s.

Today, Research is defined by its low-density residential zoning and large allotments that range from one-acre parcels to expansive 35-acre bushland estates. This environmental commitment is protected by strict planning overlays designed to maintain the dense canopy of Eucalyptus and Melaleuca trees, which fosters a high level of biodiversity but also necessitates a sophisticated community focus on bushfire preparedness, managed largely through the active Research Country Fire Authority.

The demographic is predominantly composed of affluent professionals and established families who prioritise privacy and space over high-density urban living. Unlike neighboring Eltham, which has seen an increase in townhouse developments, Research maintains a more rustic and open character, with a very high rate of home ownership exceeding 90%. This lack of rental stock often results in a tight leasing market with yields reflecting capital preservation rather than immediate high returns, making it a "buy and hold" destination for those seeking a stable asset in a high-amenity corridor.

The lifestyle in Research is anchored by its community-centric infrastructure and educational reputation, specifically the presence of Research Primary School and the prestigious Eltham College, which occupies a significant portion of the suburb’s northern boundary. The local commercial hub is concentrated along Main Road, providing essential services that maintain a village atmosphere while larger retail needs are met in nearby Eltham or Diamond Creek. Social life often revolves around the Research Park, which serves as a vital nexus for local sports including the Research Junior Football Club and the local tennis and cricket clubs.

For outdoor enthusiasts, the suburb is famous for its trail networks, most notably the Aqueduct Trail which follows the path of the historic Maroondah Aqueduct, providing a scenic 10-kilometer loop that connects Research to the broader regional parklands.

This combination of historical heritage, environmental protection, and educational excellence ensures that Research remains one of Melbourne’s most resilient and exclusive peri-urban pockets

Education

Eltham College
Research Primary School
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SALES COMPARISON

Find out how Research median sales prices compare to neighbouring suburbs.

RESEARCH MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202655$1,248,12513.28%10$754pw3.65%
202547$1,175,7506.81%10$760pw3.66%
202434$1,193,500-11.92%7$716pw3.62%
202328$1,288,7507.17%11$649pw3.28%
202233$1,282,50016.30%11$598pw3.08%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202655$1,248,125+13.28%
202547$1,175,750+6.81%
202434$1,193,500-11.92%
202328$1,288,750+7.17%
202233$1,282,500+16.30%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202610$754pw3.65%
202510$760pw3.66%
20247$716pw3.62%
202311$649pw3.28%
202211$598pw3.08%

PROUDLY SERVICING Research

Barry Plant
Eltham

Level 1, 958 Main Road
View on Google Maps

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NEWS & INSIGHTS

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Icing on the Cupcake

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 30 April 2025 to 30 April 2026, last updated 30 April 2026.