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 › Carnarvon Ave
$860,000
Last sold
18 Feb 2019
5
Bedrooms
3
Bathrooms
2
Car spaces
1,098 m²
Land
Districts View
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
$860,000
18 Feb 2019 · derived via latest_sale
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.
Vs The Basin
-8.3%
Median sale
Suburb $937,500
+0.27 pp
Gross yield
Suburb 3.02%
Suburb median $937,500 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1
NRZ1
Jurisdiction
Knox
Knox, VIC
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 1,105 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,105 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 1 · NRZ1 (ZN). Official parcel area about 1,105 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 1,105 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Flynn Estate AgentsEnjoying a coveted location, in one of the most in demand suburbs in Melbourne, this pristine and expansive family residence delivers exceptional quality living. An impressive and striking street presence and manicured front garden provides an obvious clue as to what awaits inside.
The family-friendly, well thought out single level floor plan features a formal entry leading to an elegant carpeted lounge area, flowing seamlessly to the open plan, contemporary kitchen fully equipped with new stainless-steel oven and cooktop, an island bench with breakfast bar, not one, but two walk-in pantries, and a cosy wood fire Coonara, not to mention the sizeable adjoining family meals zone.
The architecturally designed layout promises an abundance of space for everyone in the family. The master bedroom flows elegantly to the adjoining private retreat and into the walk-in robe and full ensuite. Three further bedrooms are serviced by the modern family bathroom and separate toilet, with the fifth bedroom at the rear of the home enjoying a walk-in robe and a second full ensuite, perfect for guests or elderly family members.
If you enjoy entertaining then look no further, as this feature packed abode comes fully equipped with a covered outdoor entertaining area connected to the sprawling backyard with ample room for the kids to run wild!
Added bonuses include two-year-old carpet, brand new roof, ducted heating, evaporative cooling, 24 x solar panels, water tanks, quality window and floor coverings, a large fitted laundry with handy sideway access, plentiful off-street parking and a remote double garage with internal and rear access, and the list goes on!
Sitting atop 1,098 m2 (approx.), this is your chance to live amongst leafy surrounds, an abundance of blissful native wildlife and within close proximity to The Basin village shops and Boronia amenities. In addition to this, you have a choice of quality schools including Boronia Heights College, multiple pre-schools, St Bernadette's and The Basin Primary Schools, as well as being close to playgrounds, bus and railway transport and a short drive to Knox Westfield, Eastland and Eastlink.
This deluxe family residence will be sure to charm. If youre wearing socks, prepare to have them blown off.
Proudly marketed by Knox's Number 1 Agency.
Thinking of selling? Call us today; Boronia office on 9761 2277, Wantirna office on 9800 1225, Rowville office on 9755 6666, Bayswater office on 9720 3030 or Ferntree Gully office on 9752 2889.
TO REGISTER YOUR INTEREST click on either of the following tabs and fill in your details, BOOK AN INSPECTION on the Biggin & Scott website or EMAIL AGENT / CONTACT AGENT on Real Estate.com.au and other websites. You will be contacted by one of our agents and will also receive a text advising of inspection times.
Listing description written by Michael McKenney, Flynn Estate Agents — reproduced as published, not verified by Districts.