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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Research, the median property price for a house is currently 1,405,000 with annual capital growth of 7.54 . There were 19 house sales in the past 12 months. On average, houses spend 34 days on market.
Houses have seen 7.25 growth in the past quarter, and 7.54 growth in the past 12 months.
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 2011 was 2,636 people. By 2016 the population was 2,640 showing a population growth of 0.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Research work in a professional occupation. In 2011, 90.2% of the homes in Research were owner-occupied compared with 89.6% in 2016.
There were 7 unit sales in the past 12 months.
If you're thinking about buying an investment property in Research, consider that rental yields for units are currently 3.35 with an average median rent of 495 weekly.
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 2011 was 2,636 people. By 2016 the population was 2,640 showing a population growth of 0.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Research work in a professional occupation. In 2011, 90.2% of the homes in Research were owner-occupied compared with 89.6% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,405,000 | – |
| Quarterly growth | +7.25 | – |
| 12-month growth | +7.54 | – |
| Average annual growth | +8.43 | – |
| Weekly median rent | – | 495 |
| Gross rental yield | 2.76 | 3.35 |
| Number of Sales (12m) | 19 | 7 |
| Avg. Days on Market (12m) | 34 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 2,636 | 2,640 |
| Population change (5y) | +10.76 | +0.20 |
| Median household income (p/w) | 1,970 | 2,236 |
| Household income change (5y) | +22.44 | +13.50 |
| Median age of persons | 41 | 41 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Research was 2,640 in 2016, a +0.20 change compared to 2011.
The predominant age group in Research is 50-59 years.
The population of Research was 2,640 in 2016, a +0.20 change compared to 2011.
The predominant age group in Research is 50-59 years.
Most of the population in Research were born in Australia.
Most of the population in Research were born in Australia.
Most of the population in Research report their religion as No Religion.
Most of the population in Research report their religion as No Religion.
Most of the population in Research report their income range as between 78,000 and 130,000 .
The median household income in Research was 2,236 in 2016, a +13.50 change compared to 2011.
Most of the population in Research report their income range as between 78,000 and 130,000 .
The median household income in Research was 1,970 in 2011, a +22.44 change compared to 2006.
Most of the population in Research work as Professional.
Most of the population in Research work as Professional.
The chart below demonstrates the various levels of education in Research.
The chart below demonstrates the various levels of education in Research.
Most of the population in Research reached a qualification level of Bachelor.
Most of the population in Research reached a qualification level of Bachelor.
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