Market snapshot
Suburb insights for The Basin3154
Change suburbThe Basin is located 32 km east of the CBD. The Basin is located beside the Dandenong Ranges in Melbourne's east. Streams and creeks traverse the suburb's landscape while the Mountain Hwy is the major thoroughfare. The suburb also features Wicks Reserve the Martin Luther Homes for the Aged the Vinayagar Hindu Temple Batterham Reserve and the Salvation Army - The Basin Farm.
Recent sales and auction results in The Basin
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1/1250 Mountain Hwy, The basin | 3 |  | House (Res) | Auction Sale | 20/12/2024 | Ranges First National | View |
| 23 Stuart St, The basin | 4 |  | House (Res) | Private Sale | 20/11/2024 | Barry Plant | View |
Sales data
Median sale price
$840k
Quarterly price change
-4%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | The Basin | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $835,000 | $807,500 |
| 4 | $1,040,000 | $950,000 |
| Insight | The Basin | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 26 | 42 |
Rental data
Median weekly rent
$550
Rental yield
3.1%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | The Basin | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
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