With a capital gain of 7.36% for the last 12 months, The Basin, 3154 has performed for property investments than its average annual 7.64% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, The Basin has given property investors a paper return of 1.16%. This puts Suburb as 349 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -3.45% to buyers in The Basin at the moment, which is less than average for the rest of VIC.
In the last year 76 properties changed hands in The Basin, which puts it as the 322th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.