Research suburb profile
Research is a picturesque suburb located in Melbourne's northeastern outskirts, approximately 24km from the CBD. Known for its semi-rural charm and natural beauty, Research offers a peaceful lifestyle with a strong community spirit. The suburb is characterized by its spacious properties, native bushland, and proximity to the Yarra River, making it ideal for nature enthusiasts and families seeking tranquility. Despite its serene setting, Research provides convenient access to amenities in nearby Eltham and Greensborough, including schools, shopping centers, and public transport. Its blend of rural ambiance and suburban convenience makes Research a desirable location for those looking to escape the hustle and bustle of city life.
Research property market performance
Research’s property market has shown positive growth over the past 12 months, with house values increasing by 6.3%. The current median house price stands at $1.77 million. However, the unit market remains inactive, with no change in median unit value and minimal sales activity.
In terms of sales, 21 houses were sold over the last 12 months, with a median time on market of 30 days, indicating a relatively brisk pace for house sales. The unit market, however, has seen negligible activity, with only 2 units sold and no median days on market recorded.
The rental market for houses in Research has remained stable, with a slight increase of 0.7% in average rent over the last 12 months, bringing it to $730. The unit rental market remains inactive, reflecting the overall lack of movement in this segment.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.77M | N/A |
Change in value Past 12 months | 6.3% | N/A |
Sold Past 3 months | 21 | 2 |
Median days on market Past 12 months | 30 | N/A |
Average rent Past 12 months | $730 | N/A |
Change in rent Past 12 months | 0.7% | N/A |
5 year median price trend for houses and units
Research demographics
Research, a serene suburb located in the northeastern part of Melbourne, offers a tranquil lifestyle amidst lush greenery and a close-knit community. With a population of 2,695, it is a small yet vibrant suburb that appeals to families and those seeking a peaceful environment away from the hustle and bustle of city life. The median age of 44 indicates a mature community, with many residents enjoying the suburb's natural beauty and family-friendly atmosphere.
The suburb is predominantly composed of couple families, with 55.9% having children and 34.5% without, reflecting its appeal to both growing families and those whose children have moved out. The presence of one-parent families is relatively low at 8.7%, and other family types make up less than 1% of the population, highlighting the suburb's family-oriented nature.
Property ownership in Research is notably high, with 46.6% of homes owned outright and 47.4% owned with a mortgage, indicating a stable and established community. The rental market is minimal, with only 6% of properties being rented, which suggests a preference for long-term residency and investment in the area. The median total household income of $2,876 per week reflects the suburb's affluence and the residents' capacity to maintain a comfortable lifestyle.
Research's appeal lies in its blend of natural beauty, community spirit, and family-friendly environment, making it an ideal location for those seeking a harmonious balance between suburban living and proximity to Melbourne's amenities.
Research infrastructure, key developments and investment opportunities
Research continues to benefit from its position within the Nillumbik Green Wedge, with council strategies emphasising protection of bushland character and low-density residential development, which tends to support long-term scarcity value for housing. Incremental upgrades to local community facilities and retail around the Main Road village centre are improving day-to-day amenity without significantly altering the suburb’s semi-rural feel. Proximity to the broader Eltham activity centre, with its established shopping, dining, schools and rail access, remains a key driver of demand, particularly for families seeking larger blocks within reach of major services.
Transport access in Research remains focused on road connections towards Eltham and Greensborough, with bus services providing links to train stations but no major new transport infrastructure announced, meaning car dependency is likely to remain a consideration for buyers. Council planning policy continues to limit large-scale redevelopment, so any future growth in housing supply is expected to be modest, which may underpin prices if buyer demand for acreage and lifestyle properties stays strong. There are currently no widely publicised major infrastructure or school projects specific to Research that would significantly shift local market dynamics in the near term.
Research rental market trends
The rental market in Research has remained stable, with house rents experiencing a slight increase of 0.7% over the past year to $730 per week. There is no data available for unit rents, indicating a potential lack of unit rental properties in the area. Research offers a tranquil lifestyle, appealing to those seeking a suburban environment with steady rental conditions.
Suburbs near Research
Some popular suburbs near Research include:
How does Research compare to nearby suburbs?
- Median house prices: Research’s median house price is 45.2% higher than Eltham North’s.
- House price growth: Over the past 12 months, house prices in Research have grown 6.3% higher than in Eltham North.
- Selling speed for houses: Properties in Research are selling 50.8% faster than in Kangaroo Ground.
- House price growth: Over the past 12 months, house prices in Research have grown 57.0% higher than the average rate of growth across Melbourne.

