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 › Arcadia Ave
$983,000
Last sold
7 Oct 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
1,001 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
$983,000
7 Oct 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
+4.9%
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 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 Harcourts BoroniaArcadia means 'an image or idea of life in the countryside that is believed to be perfect'.
What an opening line to your next dream home, welcome to 50 Arcadia Avenue, the perfect family home, at the foot of the Dandenong's.
Sitting on a generous 1001m2 this home caters both internally and externally for growing families with plenty of room to run amok outside and an abundance of living with a flexible floorplan for the whole family to spread out inside.
Wrapped up in a neat package you'll find:
- Master bedroom with walk in robe, ensuite and private decking
- Two additional family bedrooms both with built in robes
- Main bathroom has been renovated and features vanity, shower over bath and toilet
- Modern kitchen with stainless steel appliances, dishwasher and glass splash back
- Front family lounge/ meals area overlooking the kitchen
- Huge open plan lounge/ family room/dining with corner built in bench seat, split system and floating timber look floors
- Rear rumpus room with access outside, a great multi use zone that would make for a third living room, work from home office/beauty room/ fourth bedroom/ teenagers retreat or even pool/ party room, the options are endless
- Large decking overlooking the back yard, you'll have a wonderful time entertaining here during the warmer months
- Large grass'd yard with not one but two storage sheds
- Plenty of off-street parking and shade sail
- Updated throughout with modern touches including plantation shutters, downlights and split system heating and cooling
Walking distance to Goodwin Estate Kindergarten, Arcadia Avenue Reserve, The Basin FC, Batterham Park Tennis Club and easy access to Albert Avenue and Forest Road. Minutes to Boronia Station and a stroll to the bus stop for routes 755 and 690.
Last for sale 48 years ago- the locals tell us once you live on Arcadia, there is no need to leave!
Book your inspection today, call Josh or Holee!
Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.
Listing description written by Josh Conroy, Harcourts Boronia — reproduced as published, not verified by Districts.