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 › Claremont Ave
$1,301,000
Last sold
3 Apr 2023
5
Bedrooms
2
Bathrooms
3
Car spaces
893 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
$1,301,000
3 Apr 2023 · 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
+38.8%
Median sale
Suburb $937,500
-0.85 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 MontroseDue for a lifestyle upgrade? Say hello to a sublimely renovated family residence, goodbye to compromises, and good afternoon to picturesque sunsets that peek through the lush and leafy landscape of this grand split-level sanctuary. With no stone left unturned in terms of comfort and style, the five-bedroom, two bathroom plus home office residence with brilliant outdoor entertaining zone sets the benchmark in luxury in the foothills.
Step through the stately solid timber front door to find a bright and elegant entry foyer where stylish oak floors underfoot prelude the attention to detail and care that has been taken in every aspect of its stunning reimagined design.
The open plan family hub is emblazoned with natural light with Velux skylights and lashings of glass inviting the sunlight inside before stepping out to the lavish terrace – the perfect setting for wine o’clock.
The kitchen’s striking design will please the chef of the house with an island breakfast bench inviting conversation over a platter. Caesarstone benches, stainless-steel appliances, luxe walk-in pantry, induction cooktop and light-enhancing window splashback add further allure.
A second living fulfills a growing family’s needs allowing you to spread out or entertain with ease as you step out to the all-season alfresco creating a magnificent space for enjoying an afternoon drink or evening meal cooked in the outdoor woodfired pizza oven. An outdoor kitchen adds entertaining flair and will ensure the parties are always at your place when the big game is on.
Beyond the alfresco spaces lies an expanse of lawn terraced to perfection to create flat play spaces that contrast beautifully with the national park at the back gate where you can start your day with a bush walk.
Accommodation has been thoughtfully designed with a lavish master featuring boutique-style walk-in robe and skylit fully tiled ensuite with bespoke dual vanity plus an additional bedroom in one wing whilst up a level houses two additional bedrooms centred around a stylish family bathroom showcasing floor to ceiling tiles, bathtub and rain shower.
Downstairs a home office with adjacent laundry and third toilet would equally suit a teenager or young adult who wants their own space, and its own entrance adds further flexibility.
Live blissfully among the treetops with all the conveniences of suburbia just down the hill in this magnificently positioned home including schools, cafes, bars, bakery, salons, butcher and post office.
At a Glance:
• Four-bedroom, two bathroom, fully electric house with home office/fifth bedroom and triple garage.
• TV/data points to every room.
• CCTV with app monitoring plus alarm system and front door intercom.
• Solar panels with battery provisions wired for off grid power.
• Ducted vacuum.
• Top of the range Mitsubishi ducted split heating and cooling plus ceiling fans for seasonal comfort.
• Laundry chute in the master bedroom to downstairs laundry.
• Chic laundry with third toilet plus mud-room style bench seat.
• Triple remote garage with internal entry plus additional off-street parking.
• Loads of storage including under stairs storage room in garage plus garden storage shed.
• Soft close cabinetry.
• Outdoor kitchen with built in mains gas BBQ and woodfire pizza oven.
• Electric outdoor strip heaters.
• Gas continuous hot water system.
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.