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VIC › The Basin › Forest Rd

329 Forest Rd, The Basin VIC 3154

House

$895,000

Last sold

22 Feb 2025

4

Bedrooms

2

Bathrooms

5

Car spaces

1,126 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $895,000 (22 Feb 2025).(Recorded sale)
  • FactLand 1,126 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in The Basin (last 5 years) with land size: median $896/m² of land (n=125). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$895,000

22 Feb 2025 · 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.

See the full The Basin report →

Vs The Basin

-4.5%

Median sale

Suburb $937,500

+0.14 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$895,00022 Feb 2025
  2. Listedprice unknowncompleted30 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

The Basin in one glance

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.

See the full The Basin report →

Keep researching

  • Why The Basin? Read the area thesis →
  • What else is on the market in The Basin →
  • Other records on Forest Rd →

Listing material

Listed by Ray White Ferntree Gully

Bluestone beauty on a huge 1126 sqm approx. block

THE PROPERTY

Located in a tightly held pocket of the leafy Dandenong Ranges foothills, this spacious four-bedroom retreat on a huge garden block offers a wonderful opportunity to secure your future. Embraced by trees for privacy, the property includes a triple garage, workshop, shed and double carport, making it ideal for tradies and large families with multiple vehicles. Inside, bright classic interiors are instantly inviting, with abundant living space on offer, including the front skylit lounge with gas fireplace, and a generous family zone at the rear, complemented by ceiling fan and freestanding fireplace. Central and spacious, the dining domain and adjoining kitchen are well-equipped for mealtimes, with a servery window through to the family area seamlessly connecting the space. Outdoor entertaining is available all year round within the expansive alfresco deck overlooking the lush backyard and fruit trees, with storage under the decking adding valuable space. All four bedrooms feature built-in robes, the main with ensuite, while ducted heating and cooling, Euro laundry, roof storage and a charming bluestone façade add to the appeal.

THE FEATURES

Read the full description

• Generous 4-bed, 2-bath bluestone family home

• Huge 1126 sq m approx. block with ample parking

• Triple garage, workshop & carport, ideal for tradies

• Multiple living zones including large family room

• Covered decked alfresco for all-seasons entertaining

• Ducted heating, fireplaces & ceiling fans

• Lush established gardens with fruit trees

THE LOCATION

Nestled in an ideal position, only a short stroll to the picturesque Basin township, where you can enjoy a coffee and bite to eat at the local cafés, dinner at a restaurant, or a picnic in the popular Basin Reserve Playground. Shops, services and trains are mere minutes away in Boronia, while local schools are within easy reach, including The Basin Primary and Boronia K-12 College.

On Site Auction Saturday 22nd of February at 10:30am

Listing description written by Austen Kosasih, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Remote Garage
  • Secure Parking
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.