Suburb Profile Report for The Basin VIC (3154)

The Basin House: Median price $810,000, Annual capital growth 12.99%, Number of sales 55, Weekly median advertised rent $1,415

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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The Basin is in the TOP 10% in VIC when comparing median price capital growth over the last year. The Basin gave property investors a very good capital gain figure when compared to the rest of the state, with 45.28%.

Over the longer term, The Basin has seen property prices show investors a 34.97% return over the last 3 years. This is an improvement over the last 12 months

At number 376th of VIC’s most discounted properties, The Basin is in the middle of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 4.58 sales per month, which equates to 55 per year.

The Basin, 3154’s gross rental yield is 1.65%

Metrics i HOUSE UNIT
$810,000 N/A
11.28% N/A
45.28% N/A
12.99% N/A
$1,415 N/A
55 N/A
1.65% N/A
55.3636363636364 N/A

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (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
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