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 › Democrat Dr
$1,151,000
Last sold
13 Nov 2025
5
Bedrooms
2
Bathrooms
3
Car spaces
726 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
$1,151,000
13 Nov 2025 · 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
+22.8%
Median sale
Suburb $937,500
-0.56 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 Park Estate AgentsThis rare and unique opportunity caters for a broad pool of buyers; the investor, multi-generational family, accommodation provider, home business, or growing family.
It boasts dual garage and home access potential, one on Democrat Dve the other on Waratah Ave/Stuart St.
The residence is separated into two living zones, with amenities for independent living, as well as being separately billed for electricity and gas.
Upon entering on Democrat Drive facade, you will find high 9ft ceilings, large windows providing ample natural light, new blinds, split system air conditioning, ducted heating, 2 bedrooms one with a walk-in robe and dual-access bathroom, and other with built-in robe. lt also features a practical kitchen with gas cooktop and dishwasher, large living/dining area adjacent to the merbau deck and undercover ramp to secure single car garage.
New lights have been recently fitted alongside the fresh carpets and underlay, and a fresh paint throughout.
The rear section of the house relative to Democrat Drive, again features large windows for natural light, with a kitchen including dishwasher, 4-plate induction cooktop, and a generous pantry. The adjacent living/dining room opens out onto the merbau deck and landscaped garden. An additional large living room adds to the offering.
The bathroom features a corner spa bath, rain shower head and separate toilet. The three bedrooms of this wing of the home all feature built-in-robes.
The residence has been fitted with new lights, new carpet and underlay, and freshly painted throughout.
The Waratah Avenue side boasts a secure double-carport with motorised roller door and secure side gate. For convenience a large garden shed butts the blind side of the house with pittosporum hedging adds the ultimate privacy on both sides.
Freshly landscaped and newly refurbished, this property is yours to enjoy.
An inspection will impress.
For a current real estate valuation, property management or general advice, contact us below.
Luciano Marcuzzi | 0423 181 161 | luciano@parkagents.au
Natalie Greatrex | 0438 060 522 | natalie@parkagents.au
Inspection times and property availability are subject to change without notice. Photo identification required at inspections. Disclaimer: all information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.
Listing description written by Luciano Marcuzzi, Park Estate Agents — reproduced as published, not verified by Districts.