OFF MARKET

1/1250 Mountain Highway
The Basin VIC 3154

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 403m2
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Property Details for 1/1250 Mountain Hwy, The Basin

1/1250 Mountain Hwy, The Basin is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 403m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Floor Size
101m2
Land Size
403m2
Local Government
Knox
Lot/Plan
1/PS708197

Last Listing description (December 2016)

Conveniently located within walking distance to two primary schools and The Basin shops, this character filled weatherboard home is sited on an easy to manage block of 402sqm, has its own street frontage, and is ideal for either the investor or first home buyer. Features include three bedrooms, high ceilings with ornate cornice and it offers both ducted heating and a beautiful open fire place. Double car accommodation adds to the appeal as does the covered rear balcony where you can sit back and relax while taking in the views to the distant hills. With affordable housing becoming a rare commodity, an inspection here will not disappoint.
Proudly Marketed by Harcourts Boronia. Photo ID Required At Inspections.

Property History for 1/1250 Mountain Hwy, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$485,000
02 Dec 2016
Listed for Rent
$350/w
06 May 2015
  • 02 Dec 2016
    Sold for $485,000
  • 21 Feb 2016
    Listed for Sale Price by Negotiation over $430,000
  • 11 Mar 2015
    Listed for Rent - Price not available

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About The Basin 3154

The size of The Basin is approximately 5.1 square kilometres. It has 11 parks covering nearly 9% of total area. The population of The Basin in 2011 was 4,229 people. By 2016 the population was 4,400 showing a population growth of 4.0% in the area during that time. The predominant age group in The Basin is 40-49 years. Households in The Basin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Basin work in a trades occupation. In 2011, 87.2% of the homes in The Basin were owner-occupied compared with 84.4% in 2016.

The Basin has 1,842 properties. Over the last 5 years, Houses in The Basin have seen a 40.24% increase in median value, while Units have seen a 43.16% increase. As at 31 July 2024:

  • The median value for Houses in The Basin is $878,390 while the median value for Units is $782,675.
  • Houses have a median rent of $550 while Units have a median rent of $375.
There are currently 6 properties listed for sale, and 1 property listed for rent in The basin on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in The basin.

Suburb Insights for The Basin 3154

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.