7 Camelia CrescentThe Basin VIC 3154
Property Details for 7 Camelia Cres, The Basin
7 Camelia Cres, The Basin is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1024m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (June 2018)
Appealing to a wide variety of astute buyers, this substantial property is suitable for development (STCA) or as an investment for those ready to reap the benefits of a prime parcel of land in tightly held The Basin. Situated on a huge block with rear access from double side gates this residence represents an opportunity of grand proportions. You can easily utilise the existing two bedroom house and maximize your investment with tenants (tenanted until May 2018) whilst you get your plans and permits in place. Alternatively you can occupy and still have plenty of land available for development (STCA). The existing home has been immaculately kept and features two bedrooms with built in robes, a timber kitchen with stainless steel appliances and dishwasher as well as a cosy lounge. Also features ducted heating and air-conditioning for seasonal comfort and plenty of off street parking. Whether you are a savvy investor or developer, you can't afford to miss out on seizing this impressive package in a superbly convenient location. Close to The Basin, Boronia, Westfield Knox, reputable schools, Eastlink and a multitude of parks, cafes and recreational facilities. Don't delay. Enquire today.
Alan Garbuio : 0425 791 341
Property History for 7 Camelia Cres, The Basin, VIC 3154
- 20 Jun 2017Sold for $650,000
- 10 May 2017Listed for Sale $590,000 - $640,000
- 02 May 2014Listed for Rent $300 / 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 1,850 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.
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