The size of Basalt is approximately 6.2 square kilometres. It has 5 parks covering nearly 75.9% of total area. The population of Basalt in 2011 was 325 people. By 2016 the population was 3 showing a population decline of 99.1% in the area during that time. The predominant age group in Basalt is 60-69 years. Households in Basalt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Basalt work in a professional occupation. In 2006, 35.7% of the homes in Basalt were owner-occupied compared with 85.8% in 2011..
Basalt has 16 properties. As at 31 October 2024:
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