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 › Old Forest Rd
$855,000
Last sold
21 July 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,019 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
$855,000
21 July 2023 · derived via latest_sale
Local land rate: recorded House sales in The Basin (last 5 years) with land size have a median of $896/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
+0.29 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 MontroseBeautifully designed with a distinct split-level layout, this impressive residence is graced by the architectural elegance of raked ceilings that create a dramatic and spacious atmosphere setting it apart from the mundane. With copious amounts of natural light illuminating every corner of this home, the ambiance is open, airy and utterly tranquil for your growing family.
Your journey through this home starts with an invitingly stylish living room, enviable with its authentic Coonara fireplace, the perfect spot for a morning brew or a fireside wine, it also contains a chic storage nook to keep life clutter free. This room overlooks the lavish lounge with a bank of shelving for your books and artwork and a small deck to invite calming breezes.
Also on this lower level - the master bedroom is truly a sanctuary for the heads of the house with a lavish ensuite and walk-in robe whilst three additional bedrooms are positioned on the other two levels serviced by a chic family bathroom.
The bright and open kitchen stands ready to serve, a heart of the house that invites everyone to participate in the joy of meal preparation or conversations at the breakfast bar.
Situated in a serenely private locale, the home features elevated north-facing views from the backyard, offering an ever-changing vista that is sure to captivate and impress and a fabulous all-season deck. This rejuvenating outdoor space will become your private haven, providing a daily escape as well as an ideal setting for entertaining. There’s even a sunny spot ripe for a veggie patch if homegrown is on your to do list.
Further highlights include ducted heating, split-system air-conditioning, ceiling fans, a double carport and say goodbye to cramped closets with vast under house storage offering the perfect solution for all your storage needs. Conveniently positioned near to local shops, transport, Boronia Village, Dandenong Ranges Conservation Reserve, The Basin Primary School, St Bernadette's Primary School and Boronia K-12 College.
At a Glance:
• 4-bedroom, 2-bathroom split-level weatherboard.
• Elevated views.
• Freshly painted with updated window furnishings and new flooring.
• Dual living areas including a sitting area with Coonara fireplace.
• Four bedrooms positioned over 3 levels including master with ensuite and walk-in robe.
• Rear all-season deck plus lush backyard for child’s play and relaxation.
• Vast under house storage including multiple storage room and workshop.
• Off-street parking in double carport.
• Ducted heating, split system, fans and wall a/c for seasonal comfort.
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.