OFF MARKET

2/1325 Mountain Highway
The Basin VIC 3154

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 717m2
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Last updated 14 Oct 2024
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Property Details for 2/1325 Mountain Hwy, The Basin

2/1325 Mountain Hwy, The Basin is a 3 bedroom, 1 bathroom Unit. The property has a land size of 717m2.

Building Type
Unit
Land Size
717m2
Local Government
Knox

Last Listing description (November 2022)

Hidden behind a high fence, this very private property offers affordable accommodation. Comprising open plan living/dining area, original, but functional kitchen, three good sized bedroom, central bathroom and separate laundry. There is allowance for year round comfort with ducted heating and an air conditioner in the living room. There is a large, private yard and a double carport. Located off a lane only a couple of steps away from shops and cafes.

Property History for 2/1325 Mountain Hwy, The Basin, VIC 3154

A timeline of how this property has performed in the market
Listed for Rent
$370/w
05 May 2022
  • 03 Aug 2022
    Listed for Rent - Price not available
  • 26 Apr 2022
    Listed for Rent $370 / week
  • 05 Nov 2021
    Listed for Rent $370 / week
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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 1,839 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, 76 properties were sold in the past 12 months in The basin.

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