OFF MARKET

2/58 Arcadia Avenue
The Basin VIC 3154

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 18 Nov 2024
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Property Details for 2/58 Arcadia Ave, The Basin

2/58 Arcadia Ave, The Basin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Knox

Last Listing description (November 2022)

At the rear of a block of three, this well-placed gem is updated throughout and ready to go. Boasting a light interior, this weatherboard home is flush with timber floors and enjoys a living room on entry, flowing through to the neat and tidy kitchen with SS gas appliances. The bathroom is bright and spotless with room for laundry facilities, and the bedroom has direct access along with BIR. Further features include split system unit, external blinds and a single carport. Close to Batterham Reserve, Boronia College, Arcadia Avenue Reserve, The Basin Football Club, ST Bernadettes Primary School, Buses, The Basin Primary School, Boronia Shopping, Train and Cinemas.

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**PLEASE NOTE: AT LEAST ONE PERSON WHO WILL BE RESIDING IN THE PROPERTY MUST VIEW THE PROPERTY IN ORDER TO SUBMIT AN APPLICATION**

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Property History for 2/58 Arcadia Ave, The Basin, VIC 3154

A timeline of how this property has performed in the market
  • 27 Oct 2022
    Listed for Rent $310 / week
  • 12 Jan 2021
    Listed for Rent $285 / week
  • 19 Dec 2019
    Listed for Rent $260 / 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 1,849 properties. Over the last 5 years, Houses in The Basin have seen a 30.99% increase in median value, while Units have seen a 32.42% increase. As at 31 October 2024:

  • The median value for Houses in The Basin is $905,346 while the median value for Units is $779,237.
  • Houses have a median rent of $570 while Units have a median rent of $375.
There are currently 6 properties listed for sale, and no properties 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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