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 › Mercia Ave
$1,020,000
Last sold
29 Jan 2026
3
Bedrooms
1
Bathrooms
6
Car spaces
962 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
$1,020,000
29 Jan 2026 · 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
+8.8%
Median sale
Suburb $937,500
-0.25 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:
· Elevated living with spectacular city-to-skyline sunsets
· Turnkey renovation rich in native timber warmth
· Layered outdoor zones made for hosting
Some homes just know how to shine — and this elevated Basin beauty does it effortlessly. Each evening, the front deck becomes the perfect place to unwind as the sun sinks into the city skyline. Beautifully updated with care, the home balances modern comfort with the charm of its original character, blending natural textures, thoughtful design, and easy living to create a space that feels instantly welcoming and made for relaxed entertaining.
Step inside and the warmth is immediate. Original Tasmanian oak floorboards run beneath your feet, while ironbark posts, rails and natural timber details give the home a grounded, authentic feel. The open-plan living zone centres around a Coonara wood fire wrapped in natural stone - a cosy anchor for winter nights and a beautiful nod to the home’s original bones. The kitchen is smart, functional and well placed, with gas cooking, electric oven and dishwasher keeping everyday life easy.
All three bedrooms branch quietly off a central hallway, creating a calm and cohesive layout. The main bedroom is a standout - heritage-style panelling adds texture and depth, soft sheers frame French doors opening to a private balcony, and a generous walk-in robe brings a sense of quiet luxury. The family bathroom follows suit with a double vanity, spa bath and rain shower - equal parts indulgent and practical.
At the rear, the home truly comes into its own. A beautifully crafted exposed aggregate area complete with a fully functional outdoor kitchen fitted with stone benchtops flows seamlessly from the main living zone, framed by reclaimed timbers and a striking Mudrock feature wall.
Beyond, a series of thoughtfully designed outdoor spaces unfolds: a sunken firepit for evenings under the stars, playful pockets including a sandpit, tiered garden zones, and an upper lawn where children can run free or unwind at day’s end. With a landscape of this scale and versatility rarely found in the Hills, the possibilities are truly endless.
Fruit trees and veggie beds line the front of the home - nectarines, citrus, passionfruit and strawberries - while the overall garden design balances beauty with function. This is a home that invites connection: with friends, with nature, and with those golden hours that make The Basin such a magical place to live.
Perfectly positioned to enjoy the best of both worlds, this elevated setting captures sweeping city views while placing you just moments from the natural beauty of the Dandenong Ranges — a rare and wonderful combination. Village amenities, schools, and transport are all within easy reach, making this an exceptional lifestyle opportunity.
Property Specifications
Fully renovated three-bedroom, one-bathroom home, elevated allotment, spectacular city views, front sunset deck, open-plan living, Coonara wood fire with stone surround, kitchen with gas cooktop, electric oven and dishwasher, Tasmanian oak floorboards, main bedroom with French doors, private balcony and walk-in robe, family bathroom with double vanity, spa bath and rain shower, rear all-season deck with outdoor kitchen and natural gas BBQ, mixed spotted gum and blackbutt decking, reclaimed timber eaves, Mudrock feature wall, multiple outdoor zones including firepit and tiered gardens, fruit trees and veggie beds, gorgeous laundry with solid wormy chestnut benchtop and Velux skylights, LED lighting throughout, feature façade lighting on dusk sensors, ducted heating and cooling with zoning (2021), WiFi thermostat, ceiling fans throughout, insulated walls and ceilings, generous under-house storage with concrete access, upgraded stormwater and switchboard, partial reblocking with concrete and steel stumps, 1.5 car garage, sealed off-street parking, elevated driveway.
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.