OFF MARKET

307 Forest Road
The Basin VIC 3154

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 1060m2
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Last updated 18 Nov 2024
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Property Details for 307 Forest Rd, The Basin

307 Forest Rd, The Basin is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 1060m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1985
Floor Size
124m2
Land Size
1060m2
Local Government
Knox
Lot/Plan
7/LP10150

Last Listing description (January 2019)

Positioned on a large block of 1,060sqm, this family home offers the potential to add your own touches and reap the rewards! Boasting a generous lounge room with open fireplace, highly functional kitchen layout overlooking the meals area, three generous bedrooms, bathroom with shower and bath, separate toilet, the comfort of split system heating and cooling, plus a single garage and a huge backyard for the kids or pets to run wild. The home could be renovated to its former glory, extended to accommodate a large family, or just demolish and build a brand new home (subject to council approval). Only a short distance to Boronia or The Basin shops and cafes, Boronia Railway Station, and all desired amenities, this property represents a unique opportunity in the market. If you've been searching for a home with potential in a great location on a huge block, then this could be your next project!
Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.

Property History for 307 Forest Rd, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$580,000
13 Nov 2018
  • 13 Nov 2018
    Sold for $580,000
  • 04 Sep 2018
    Listed for Sale $580,000 - $620,000
  • 18 Aug 2003
    Transferred
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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 1,850 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, 75 properties were sold in the past 12 months in The basin.

Suburb Insights for The Basin 3154

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.