OFF MARKET

1/49-51 Democrat Drive
The Basin VIC 3154

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 170m2
Land area: 400m2
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Last updated 2 Sep 2024
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Property Details for 1/49-51 Democrat Dr, The Basin

1/49-51 Democrat Dr, The Basin is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 400m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2010
Floor Size
170m2
Land Size
400m2
Local Government
Knox
Lot/Plan
6/PS537114

Last Listing description (August 2013)

A 4 BEDROOM, 2 BATHROOM STREET FRONT TOWNHOUSE

Property History for 1/49-51 Democrat Dr, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$457,000
22 Aug 2013
Listed for Rent
$455/w
25 Aug 2012
  • 22 Aug 2013
    Sold for $457,000
  • 14 Aug 2013
    Listed for Sale IN ROOM AUCTION
  • 08 Jun 2013
    Listed for Sale $440,000 - $485,000
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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.

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