Thinking about buying in The Basin? Now could not be a better time, with 2040 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,091,000 with prices in this suburb ranging from $218,000 to $3,456,000. The aproximate distance to the coast is 25 Km.
Median Weekly Rent | $372.45 |
Median Monthly Mortgage | $1944.73 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.82 |
Average Age | 41.18 |
Average Income | $835.45 |
Average Cars Per Dwelling | 2.02 |
Average Properties Within 50M | 10 |
1 Bed  $898,000 |
2 Bed  $824,000 |
3 Bed  $1,049,000 |
4 Bed  $1,271,000 |
5 Bed  $1,415,000 |
6 Bed+$1,685,000 |
Consistent high demand relative to supply is a key feature in The Basin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in The Basin ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in The Basin provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in The Basin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in The Basin the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
UNIT 1, 48 ARCADIA AV, THE BASIN, VIC, 3154 | 2 | 1 | 1 | $595,000 - $615,000 | |
45 GOVERNMENT RD, THE BASIN, VIC, 3154 | 3 | 1 | 2 | $790,000 - $850,000 | |
1303 MOUNTAIN HWY, THE BASIN, VIC, 3154 | 3 | 1 | 2 | Price: Contact Agent |
Christadelphian Heritage College Melbourne
The Basin Primary School
St Bernadette's Catholic Primary School
Boronia Heights Primary School
Boronia K-12 College
Ferntree Gully North Primary School
Ghilgai School
Sassafras Primary School
Sherbrooke Community School
Boronia West Primary School
(While the above schools are located with the suburb of The Basin there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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