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Sold on 14 Sep 2024 for $650,000

13 Lorna Court
The Basin VIC 3154

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 728m2
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Property Details for 13 Lorna Ct, The Basin

Building Type
Land
Land Size
728m2
Local Government
Knox
Lot/Plan
30/LP126483

Last Listing description (September 2024)

This vacant and flat land parcel spans 728sqm (approx) and is situated in a well-established neighbourhood providing a backdrop of quality and community. With its generous size and quiet court setting, this allotment offers endless possibilities for families seeking a foothills lifestyle. There's ample room to design your dream home, create a stunning garden, and/or add a garage for all your toys (STCA). Situated in a peaceful and picturesque locale, you'll enjoy the country town feel The Basin is famous for, whilst still being close to major shopping hubs such as Westfield Knox and Eastland.

Highlights:

• Vacant 728sqm (approx) land parcel in a quiet court setting.

• All connections available.
• Build your dream home in a well-established neighborhood renowned for its community-focus.

Location Highlights:

• 1km to The Basin Primary School & St Bernadette's Primary School
• 1.7km to The Basin Triangle Park and local village shops
• 2 minute drive to The Basin Pre School
• 6 minute drive to Boronia Station
• 1.2km to Batterham Reserve
• A short drive to Westfield Knox and the villages of the Dandenong Ranges

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size and condition) Interested parties should make their own enquiries and obtain their own legal advice.

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Property History for 13 Lorna Ct, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$650,000
14 Sep 2024
  • 14 Sep 2024
    Sold for $650,000
  • 19 Aug 2024
    Listed for Sale AUCTION
  • 27 Aug 1993
    Sold for $115,000
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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 36.94% increase in median value, while Units have seen a 41.46% increase. As at 31 August 2024:

  • The median value for Houses in The Basin is $874,808 while the median value for Units is $784,364.
  • 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, 75 properties were sold in the past 12 months in The basin.

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