Market snapshot
Suburb insights for The Basin3154
Change suburbThe Basin, approximately 31 km east of Melbourne's CBD and nestled in the foothills of the Dandenong Ranges, is a charming village-like suburb renowned for its artistic community, vibrant weekend markets, and surrounding bushland. With a relaxed, semi-rural feel and strong community spirit, The Basin is popular with creatives, families, and tree changers.
Sales data
Median sale price
$929k
Quarterly price change
4.6%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | The Basin | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $830,500 | $830,000 |
| 4 | $1,062,500 | $951,500 |
| Insight | The Basin | Metro comparison |
|---|---|---|
| Clearance rate | 81.4% | |
| Days on market | 19 | 36 |
Rental data
Median weekly rent
$630
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | The Basin | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | - | $550 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.