Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $380,000 | 0.0% | $241,000 | $1,520,000 | 49 |
| 2010 | $445,000 | +14.6% | $205,000 | $1,150,000 | 74 |
| 2011 | $410,000 | -8.5% | $180,000 | $930,000 | 47 |
| 2012 | $457,000 | +10.3% | $290,000 | $1,255,000 | 37 |
| 2013 | $435,000 | -5.1% | $257,500 | $996,000 | 80 |
| 2014 | $460,300 | +5.5% | $300,000 | $979,000 | 66 |
| 2015 | $550,000 | +16.3% | $295,000 | $1,010,000 | 72 |
| 2016 | $600,000 | +8.3% | $360,888 | $900,000 | 69 |
| 2017 | $650,000 | +7.7% | $350,000 | $950,000 | 56 |
| 2018 | $670,000 | +3.0% | $480,000 | $990,000 | 59 |
| 2019 | $675,000 | +0.7% | $435,000 | $1,060,000 | 40 |
| 2020 | $745,000 | +9.4% | $480,000 | $1,460,000 | 44 |
| 2021 | $903,000 | +17.5% | $565,000 | $1,600,000 | 54 |
| 2022 | $875,000 | -3.2% | $630,000 | $1,525,000 | 66 |
| 2023 | $855,000 | -2.3% | $650,000 | $1,905,000 | 52 |
| 2024 | $875,000 | +2.3% | $562,000 | $2,220,000 | 63 |
Median Sale Price
$875K
Based on 63 recorded sales within the last 12 months
Updated on 24 Dec 2024
Suburb Growth
+2.3%
Current Median Price: $875,000
Previous Median Price: $855,000
Based on 115 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $285 | $425 | 18 |
| 2012 | $350 | 0.0% | $260 | $550 | 31 |
| 2013 | $360 | +2.8% | $280 | $495 | 21 |
| 2014 | $360 | 0.0% | $320 | $450 | 15 |
| 2015 | $365 | +1.4% | $330 | $585 | 17 |
| 2016 | $390 | +6.4% | $315 | $580 | 21 |
| 2017 | $385 | -1.3% | $340 | $600 | 19 |
| 2018 | $430 | +10.5% | $340 | $570 | 22 |
| 2019 | $420 | -2.4% | $200 | $600 | 15 |
| 2020 | $420 | 0.0% | $345 | $530 | 10 |
| 2021 | $430 | +2.3% | $250 | $600 | 14 |
| 2022 | $450 | +4.4% | $370 | $730 | 15 |
| 2023 | $480 | +6.3% | $400 | $750 | 15 |
| 2024 | $550 | +12.7% | $320 | $750 | 13 |
Median Rent Price
$550
per week
Based on 13 recorded rent within the last 12 months
Updated on 24 Dec 2024
Rent Price Growth
+12.7%
Current Median Rent: $550
Previous Median Rent: $480
Based on 28 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $875,000
Current Median rent: $550
Based on 76 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For The Basin
Houses sold in Last 12 months ends 21 Dec 2024
$850K
Median Sale Price
70%
Clearance Rate
9/13
Sold/Reported
$1.34M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M (Median Price Range) | 4 | |
| $600 K - $800 K | 3 | |
Similar Suburbs to The Basin 3154
Based on median house sale price sold in last 12 months
Schools closest to The Basin, VIC 3154
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Bernadette's Primary School | 1264 MOUNTAIN HWYThe Basin 3154 | Primary | Catholic | 0.45 km |
| The Basin Primary School | CNR LIVERPOOL ROAD & MOUNTAIN HIGHWAYThe Basin 3154 | Primary | Government | 0.86 km |
| Christadelphian Heritage College Melbourne Inc. | 16 CLEVEDON ROADThe Basin 3154 | Primary | Independent | 1.03 km |
| Boronia Heights Primary School | LANDSCAPE DRIVEBoronia 3155 | Primary | Government | 2.03 km |
| Ferntree Gully North Primary School | 111 FOREST ROADFerntree Gully 3156 | Primary | Government | 2.64 km |