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.
$960,000
Last sold
5 Apr 2022
4
Bedrooms
3
Bathrooms
3
Car spaces
709 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
$960,000
5 Apr 2022 · 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
+2.4%
Median sale
Suburb $937,500
-0.07 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 Bell Real Estate MontrosePoised to faultlessly accommodate your growing family for years to come, this flexible family home is designed with space and entertaining in mind, with handsomely proportioned living, superb accommodation, and fresh, modern appeal seamlessly integrating flexible indoor spaces with outdoor enjoyment. Triple car garaging provides appeal for tradies and hobbyists and the lavishly sized covered deck will lure avid entertainers. A bonus this unique home delivers is the home office/second master with its own entrance, stunning ensuite and adjacent sitting room/retreat providing great flexibility for multigenerational families or those who work from home. You’ll also love being able to walk to the open green spaces of Batterham Reserve to enjoy the playground or let the dogs run free as much as the Friday night fish and chips from Alchester Village all found on foot from this convenient yet quiet community locale.
Talking Points:
• Comfortable front lounge with gleaming timber floors underfoot for relaxed downtime with hill vistas as a backdrop.
• Separate family or meals area at the rear complemented by a smart kitchen with island breakfast bar for gathering and grazing.
• Privately zoned master bedroom with a walk-in wardrobe and chic ensuite and two minor bedrooms in their own wing serviced by a sparkling family bathroom.
• Sitting room/kids playroom/home office/fourth bedroom with a hotel-style bathroom featuring luxe double rainhead shower and floor to ceiling tiles and adjacent sun-kissed home office/retreat. So many options depending on your lifestyle needs!
• Open up, spill out, and enjoy alfresco family meals, moments of serenity or memorable entertaining on the rear covered deck.
• Ample lush lawn framed by high privacy fences for kids and pets to frolic and soak up the fresh air and sunshine.
• Double and single garages (shelving included) that provide great possibilities for tradies, hobbyists and even conversion into a rumpus/teen retreat.
• Ample off-street parking for multiple vehicles or even a boat or caravan.
• The seasonal comfort of ducted heating and split system air- conditioning, solar panels, rainwater tanks, easy-care native gardens, Euro laundry and security door.
• Only 5-minutes’ drive from Boronia train station and shopping, walking distance to four primary schools and on the doorstep of the charming villages of The Dandenong Ranges. The hills harmony setting combines with convenience and community.
Insider’s Secret: Just up the road is the Liverpool Road Retarding Basin – a fabulous place to walk the dogs, watch the ducks glide across the lake or take some time out as you walk the picturesque trails.
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.