Suburb Profile Report for The Basin VIC (3154)

The Basin House: Median price $602,750, Annual capital growth 8.11%, Number of sales 69, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report

The Basin, 3154 ranked 309th in VIC when comparing growth in median property values or capital gain over the last 12 months. The Basin is one of 2098 in our list for VIC

Taking the average capital gain, or increase in median house value, The Basin,3154 has racked up an average of 9.59% over the period. This ranks it number 889th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in The Basin, 3154. Typically our figures indicate that -4.17% is being offered, which puts this VIC suburb at 3137th most discounted overall in Australia.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Metrics i HOUSE UNIT
$602,750 N/A
4.37% N/A
9.59% N/A
8.11% N/A
$390 N/A
69 N/A
3.36% N/A
38.88 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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Demographics
Total population 4229
Median household income ($/weekly) 1454
Median age of persons 37
Median housing loan repayment ($/monthly) 1625
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 574 13.6
    25-34 years 560 13.2
    35-44 years 689 16.3
    45-54 years 646 15.3
    55-64 years 566 13.4
    Others 1194 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 1611 51.7
    Not Married 1113 35.7
    Defacto Relationship 393 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3399 83.8
    Greece 43 1.1
    Papua New Guinea 57 1.4
    United Kingdom 324 8.0
    Other 60 1.5
    Others 174 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.9
    Christianity 2194 57.8
    Hinduism 21 0.6
    Other Religious Groups 31 0.8
    No Religion 1510 39.8
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 125 9.5
    $1,250-$1,499 135 10.3
    $1,500-$1,999 215 16.4
    $2,000-$2,499 178 13.6
    $2,500-$2,999 119 9.1
    Others 537 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1442 44.7
    Not in the labour force 805 25.0
    Employed, worked part-time 739 22.9
    Employed, away from work 139 4.3
    Unemployed, looking for work 99 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 277 11.9
    Professionals 407 17.5
    Technicians & trades workers 466 20.1
    Community & personal service workers 228 9.8
    Clerical & administrative workers 371 16.0
    Others 573 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 97 9.8
    Infants/Primary 368 37.3
    Secondary 264 26.7
    Technical or Further Educational Institution 96 9.7
    University or other Tertiary Institutions 119 12.1
    Others 43 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3887 97.1
    Flat, unit or apartment 65 1.6
    Semi-detached, row or terrace house, townhouse 47 1.2
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 784 54.2
    Fully owned 492 34.0
    Rented 167 11.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals