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 › Academy Dr
$1,195,000
Last sold
24 Aug 2024
5
Bedrooms
3
Bathrooms
6
Car spaces
800 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
$1,195,000
24 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in The Basin (last 5 years) with land size have a median of $894/m² of land (n=125). 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
+27.5%
Median sale
Suburb $937,500
-0.65 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 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 Area Specialist VictoriaIt's Addressed:
● Expansive open-plan kitchen, meals area, and family room for seamless living and entertaining.
● Spacious yard and patio, great for unwinding and hosting year-round gatherings
● Fully-equipped workshop completed with a mezzanine, hydraulic car hoist, ample benchtops, a dedicated toilet, and plenty of space for all your tools
Nestled in the heart of The Basin, this stunning home offers everything needed for a comfortable lifestyle on an expansive 800sqm.
Upon entering, you’ll find a versatile fifth bedroom / study and a convenient first bathroom to the right. To the left, a spacious formal living and dining area features a beautiful gas fireplace and flows into an open-plan kitchen, meals and family room, and rumpus at the rear left. The kitchen is well-equipped with an induction cooktop, oven, and dual dishwasher.
Upstairs, the master bedroom includes dual robes and a full ensuite with double vanities and a spa bath, providing a private retreat for parents. The first floor also includes three additional bedrooms with built-in robes and a main bathroom. A central family area and a balcony overlooking the backyard complete this level. Ample storage space is always welcomed as well as a laundry chute for your convencience.
Outside, the home boasts a generous yard and patio area ideal for relaxation and year-round gatherings with family and friends. Presenting an exceptional double car garage and workshop, complete with a hydraulic car hoist, 3 phase power, a spacious mezzanine, and extensive benchtops. This area offers abundant space for all your tools, a convenient toilet, and everything you need for your projects.
Conveniently located, the property is close to St Bernadette’s Primary School, The Basin Primary School, Boronia K-12 College, and Bayswater Secondary. Shopping is easily accessible with Boronia Junction and Westfield Knox nearby, and Boronia Train Station offers direct access to Melbourne CBD. Surrounding parklands include Miller Park and Batterham Reserve.
Property specifications
Five bedrooms, three bathrooms, separate WC, master bedroom with dual robes and full ensuite with double vanities and a spa, open plan kitchen, meals and family area, induction cooktop and oven, dual dishwasher, formal dining and living room, rumpus, family area upstairs, laundry, balcony, double garage, additional oversized double garage/workshop with mezzanine, solar panels, water tanks, ducted heating, split system air conditioning, curtains throughout, gas fireplace and high ceilings.
For more Real Estate in The Basin contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Rohin Arora, Area Specialist Victoria — reproduced as published, not verified by Districts.