1/3 Nicholson Close Research VIC 3095

Weatherboard cottage | quiet pocket Research | 423sqm easy-care block | expressions of interest closing soon This property offers a rare entry point into a suburb where the median house price sits at $1.5 million, making it competitively positioned for buyers seeking a foothold in Research without paying a premium for a larger home. The double-fronted weatherboard façade and freshly painted interior reduce immediate renovation demands, while the low-maintenance garden and two parking spaces appeal to those wanting lock-and-leave convenience. It best suits downsizers, first-home buyers, or investors targeting a tightly held pocket with strong school proximity—Research Primary School is 0.2km away. The key risk is the single bathroom, which may limit appeal to families and constrain resale velocity in a market where two bathrooms are increasingly expected. The 2014 last sale date and seven-day listing window suggest the vendor is testing the market with a shorter campaign, creating a potential opportunity for a buyer who acts decisively before the 27 May expressions of interest deadline. The FTTP NBN connection is a supporting value add for remote workers. Hold this property as a long-term residential investment, or renovate to add a second bathroom and capture equity growth as the suburb’s median climbs.