At number 1726th in the list of Australian suburbs ordered by increase in median house value over the last year, The Basin, 3154 is in the top half with a property value increase of 8.96% recorded in median house prices.
Comparing The Basin,3154 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for The Basin is $621100, with sellers offering an average of -4.74% off the asking price.
Often selling an investment property can take time, and in The Basin the average time real estate has been on the market is 33.16 days.
Situated 31.13km from the CBD, The Basin is one of Knox localities in the postcode 3154.
LACK OF BUYER INTEREST may well be the reason that The Basin is offering property investors an average of -4.68. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.