OFF MARKET

73 Government Road
The Basin VIC 3154

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 131m2
Land area: 2013m2
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Property Details for 73 Government Rd, The Basin

73 Government Rd, The Basin is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 2013m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1980
Floor Size
131m2
Land Size
2013m2
Local Government
Knox
Lot/Plan
CP102135

Last Listing description (August 2021)

This amazing opportunity represents huge value for any young builder with the skills to overhaul this home to its previous glory. In it's current state the home almost unliveable and requires a full overhaul. It's all about understanding the value of land and location!

Some may consider a complete restart with the bulldozer creating a blank canvas for you to build the home of your dreams and knowing your future will be one of peace and quiet in these stunning surrounds.

As the heading states the choice is yours. Obviously any plans you have must be passed by council. Our vendors are willing to consider any settlement from 30 to 270 days which gives you heaps of time to put your plans in place! Make this a must see!

Property History for 73 Government Rd, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$590,000
24 Aug 2021
  • 24 Aug 2021
    Sold for $590,000
  • 14 Jul 2021
    Listed for Sale SOLD Before AUCTION
  • 08 Feb 2012
    Sold for $310,000
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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 1,852 properties. Over the last 5 years, Houses in The Basin have seen a 29.03% increase in median value, while Units have seen a 27.38% increase. As at 30 November 2024:

  • The median value for Houses in The Basin is $914,386 while the median value for Units is $762,716.
  • Houses have a median rent of $575 while Units have a median rent of $375.
There are currently 5 properties listed for sale, and 3 properties listed for rent in The basin on OnTheHouse. According to CoreLogic's data, 69 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.