The Basin at a glance
4,483
People
$937,500
Median sale
$544/wk
Median rent
3.02%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
VIC › The Basin › Mountain Hwy
4
Bedrooms
2
Bathrooms
2
Car spaces
2,552 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in The Basin (last 5 years) with land size have a median of $895/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
The Basin at a glance
4,483
People
$937,500
Median sale
$544/wk
Median rent
3.02%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
The Basin at a glance
4,483
People
$937,500
Median sale
$544/wk
Median rent
3.02%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eview GroupWith a fabulous Mountain Highway address, this property offers the astute purchaser the opportunity to capitalise on the existing home through renovation or rebuild, or to create their own dream space on a divine lot that offers a spectacular Northern outlook and wonderful mix of natural mountain living and Metro accessibility. Inspection a must!
A block size of approximately 2552m2 within walking distance of The Basin Shops is a rarity. The existing home captures the amazing views from the large undercover veranda, the perfect distraction at any time of the year.
While there is work to be done, the existing structure gives you the opportunity to use the established floorplan as a launchpad for your future home; with four bedrooms and one bathroom to work with and that additional bungalow is a wildcard.
Location wise, 10 minutes takes you to the top of the mountain, into Boronia or Bayswater, as well as excellent transport links. Of course, The Basin offers the lovely lifestyle of walking to primary schools, as well as local cafes, shops and parks.
A bungalow and lock up garage, and possible access from Old Forest Rd, (STCA) a great block, views and endless opportunities to explore what you do with this property, the choice is yours!
Rebuild/Renovate Option.
The existing footprint of the house and other structures should provide simplification of planning processes that council may require prior to beginning your rebuild.
Even if you place little or no value on the existing structures, they offer an inherent value in the process of redevelopment and may potentially streamline any planning requirements that may be necessary
The land.
• Expansive and distant Northern aspect
• Attractive unique large block very near to melbourne city.
• Located at the foothills of Mt dandenong.
• Therefore, suitable for both family living & Those who need to do the city commute for work or leisure.
• Low density zoning protects this property from the busy urban sprawl.
• Live in a cool leafy spacious environment. With a lot of privacy.
• Spacious land offer opportunity for extension or storage or home industry.
• Elevated land with panaromic view of the distant valleys & mountains.
• Near to schools, shops, supermarkets & all public transport including train lines. Bus route at front door
• Walking distant to the Basin shops.
• Large land frontage of 64 meter.
• Property enjoys two road frontages. Mountain Highway & Old Forest Road.
• 1 car garage, Plenty of additional space for multiple outdoor vehicle accommodation
The House.
• Upsatirs Offers Full Living Zone with 2 Bedrooms with Separate Bath Space (ensuite), Shower Recess and Toilet
• Downstairs Offers 2 more Bedrooms
• The house is approx 185m2
studio
This additional structure on the land can be a studio/store. This studio which has ceiling & wall boards & electricity. Therefore with some improvements it can potentially become a rentable income.
Listing description written by Ian Vine, Eview Group — reproduced as published, not verified by Districts.