The Basin VIC 3154

Here you can find what you need to know about The Basin, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$670k Median Sale Price (National Average $485k) 284th In VIC
3.08% Median Price Change (1 yr) (National Average 4.30%) 246th In VIC
$430pw Median Rent (National Average $395) 263rd In VIC
3.3% Median Gross Yield (National Average 4.24%) 350th In VIC
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Properties sold 50
Average discounting -8.38%
Average Days on Market 40
Stock on Market 6 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

The Basin, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

The Basin, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

The Basin, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in The Basin


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State Auction Clearance Rates - October 2019

Auctions Clearance rate
VIC 837 72%
ACT 59 63%
NSW 757 74%
NT 14 29%
QLD 215 40%
SA 76 61%
TAS 2 0%
WA 27 33%

Local Schools


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Suburb Information

The Basin, VIC 3154

Part of: Knox Council No data available

The size of The Basin is approximately 5.1 square kilometres. It has 9 parks covering nearly 4.3% of total area. The population of The Basin in 2011 was 4,229 people. By 2016 the population was 4,400 showing a population growth of 4.0% in the area during that time. The predominant age group in The Basin is 40-49 years. Households in The Basin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Basin work in a trades occupation. In 2011, 87.2% of the homes in The Basin were owner-occupied compared with 84.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in The Basin

Demographic data provided
by Australian Bureau of Statistics


Market Trends for The Basin   for Houses in last 12 months


There have been 49 Houses sold in The Basin in the past 12 months with a median sale price of $660K, up 1.07% annually. It takes on average 54 days to sell with vendor discounting of -9.0%.

Streets in The Basin


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Boronia VIC, 3155 -13.25% $655,000 $410pw 3.2% View Suburb Profile
Ferntree Gully VIC, 3156 -9.63% $680,000 $423pw 3.2% View Suburb Profile
Main Arm NSW, 2482 -1.39% $710,000 Unavailable Unavailable View Suburb Profile
Knoxfield VIC, 3180 -13.21% $722,500 $430pw 3.1% View Suburb Profile
Montrose VIC, 3765 -5.08% $700,000 $420pw 3.1% View Suburb Profile
Belgrave VIC, 3160 -3.07% $640,000 $460pw 3.7% View Suburb Profile