OFF MARKET

1/8 Democrat Drive
The Basin VIC 3154

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 534m2
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Property Details for 1/8 Democrat Dr, The Basin

1/8 Democrat Dr, The Basin is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 534m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
1970
Floor Size
148m2
Land Size
534m2
Local Government
Knox
Lot/Plan
1/PS716453

Last Listing description (May 2019)

Positioned on a compact 538sqm (approximately) block, this versatile home offers space to accommodate growing families whilst staying true to a low maintenance lifestyle.
The open floorplan consists of a large family room with polished hardwood floors and the added ambience of a Coonara wood fire for cosy warmth in winter. This central hub is complimented by a striking Blackwood timber kitchen with quality appliances including electric oven and gas cooktop along with a dishwasher that openly flows from the central living and dining zone.
The accommodation offering comprises four spacious bedrooms three with built in robes including a huge master retreat with ensuite and dual robes in its own peaceful zone at the opposite end of the home. The other bedrooms are serviced by a bright central bathroom with deluxe corner spa, and a huge laundry with Robinhood built in ironing system.

At the rear is an inviting undercover outdoor entertaining area that is so low-maintenance you'll have all the time in the world to relax or entertain. With the addition of power, lights and a TV access point it's the perfect place to enjoy the big screen with friends and family. Kids and pets alike will also appreciate the compact lawn positioned off the deck.
Additional features include the comfort of gas ducted heating, evaporative cooling and split system air conditioning, a double garage with remote roller door, water tank for garden use, security camera and ample off-street parking.
Minutes from both The Basin Village and Alchester Village shopping centres including cafes, grocers, book shop and salons as well as kindergartens, schools, playgrounds and restaurants - you will be immersed in a community that is without doubt a wonderful place to settle or raise a family. Don't delay. Enquire today.

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Property History for 1/8 Democrat Dr, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$590,000
05 May 2019
  • 05 May 2019
    Sold for $590,000
  • 30 Jan 2019
    Listed for Sale $560,000 - $590,000
  • 17 Feb 2015
    Sold for $465,000
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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 31.98% increase in median value, while Units have seen a 35.31% increase. As at 30 September 2024:

  • The median value for Houses in The Basin is $876,852 while the median value for Units is $778,464.
  • Houses have a median rent of $560 while Units have a median rent of $375.
There are currently 8 properties listed for sale, and 1 property listed for rent in The basin on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in The basin.

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