SOLD
Sold on 22 Feb 2024 for $646,000

8/49-51 Democrat Drive
The Basin VIC 3154

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 245m2
Land area: 246m2
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Property Details for 8/49-51 Democrat Dr, The Basin

8/49-51 Democrat Dr, The Basin is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 246m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in The Basin in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
245m2
Land Size
246m2
Local Government
Knox
Lot/Plan
13/PS537114

Last Listing description (April 2024)

Immaculately presented with leafy outlook.

This beautiful home looks and feels new!

Positioned in a popular pocket of The Basin and poised within a well-maintained complex, this immaculately presented residence showcases spacious, light-filled interiors and promises a low-maintenance lifestyle close to a variety of local amenities.

Set back from the road for peace and privacy and surrounded by tranquil common grounds, beyond the eye-catching exterior awaits a home that is designed for comfort and ease. Engineered wooden floors greets you into a residence that feels bright, modern and welcoming. The employment of a high ceiling results in a sense of volume while neutral tones and large windows help to envelope each room in light and homeliness.

The living zone looks and feels relaxing, offering appreciable sightlines to the leafy common grounds. The design offers intriguing angled dimensions and abundant space to add your furniture and artwork to make it your own. Adding to the living options, the sizable meals/family zone leads outside to a concreted covered entertaining area where enjoying the sunny and tranquil courtyard will become part of your routine.

Back inside, the kitchen looks superb and provides the keen cook the chance to be creative. Features include stainless steel appliances; Blanco electric oven, gas stove and rangehood, in addition to a Sterling dishwasher, black stone benchtops, breakfast bar and tiled splashback.

Both bedrooms are generously proportioned and comprise triple built-in robes, with the master showcasing a box bay window. The large tiled bathroom echoes the same dcor as the kitchen and incorporates a shower, bath and vanity.

The Euro laundry offers space-saving convenience while further highlights are listed as; covered front porch, powder room, gas ducted heating, evaporative cooling, deep linen press, landscaping, security alarm system, single garage, driveway accommodating an extra vehicle in addition to adjacent visitor parking to welcome guests.

The home is set within close walking distance to The Basin shopping outlets, cafes, local bus stop, The Basin Primary School, St. Bernadette's Primary School, Boronia K-12 College, Batterham Reserve with playground, as well as being only a short drive from Boronia Railway Station, Eastwood Golf Club, Dandenong Ranges National Park and EastLink freeway providing convenient access to the CBD.

Everything you could desire is right here.

Property History for 8/49-51 Democrat Dr, The Basin, VIC 3154

A timeline of how this property has performed in the market
Last Sold
$646,000
22 Feb 2024
Listed for Rent
$360/w
13 Sep 2019
  • 22 Feb 2024
    Sold for $646,000
  • 24 Jan 2024
    Listed for Sale $590,000 - $640,000
  • 13 Nov 2021
    Sold for $625,000
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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 1,842 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, 77 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.