8 Festival PlaceThe Basin VIC 3154
Property Details for 8 Festival Pl, The Basin
8 Festival Pl, The Basin is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 817.5m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in The Basin in the last 12 months.
Last Listing description (November 2023)
THE PROPERTY
Embraced by a substantial 817.5 sq m approx. block, this luxurious five-bedroom home offers a lifestyle dream in a picturesque position. Set on the high side of the road, the home boasts exceptional space, with the ground floor featuring a privately placed study/bedroom, elegant lounge and formal dining highlighted by stunning bay windows, plus an expansive open plan family zone. Gourmets will delight in the premium appliances and wraparound benches in the sleek modern kitchen, with the surrounding living space ideal for relaxed gatherings with family and friends. Sliding doors lead out to the paved and covered alfresco, where the lush lawns of the huge rear yard offer plenty of room for the kids to play. Journeying upstairs you will discover four plush bedrooms, the main flaunting a luxe walk-in robe and ensuite, three additional robed bedrooms, plus the sparkling family bathroom and a versatile first floor retreat. If that is not enough, this stunning home offers even more outside, including rainwater tanks, solar and best of all a powered shed which is surrounded by an architecturally designed landscaped garden and outdoor space all created with low maintenance in mind.
THE FEATURES
• Luxe main bedroom flaunts walk-in robe & ensuite
• Three further first-floor bedrooms include built-in robes
• Sparkling family bathroom features shower, bath & vanity
• Entertainer's alfresco framed by architecturally designed low maintenance gardens and lawns
• Double garage with internal and rear access plus storage space
• Ducted heating, evaporative cooling & split system for comfort
THE LOCATION
Perfectly positioned in the lush foothills backdropped by mountainous views, this home offers a tranquil lifestyle yet remains mere steps away from The Basin Primary and St Bernadette's Primary, with cafés, parkland and eateries in The Basin township only a short stroll away, plus further services and trains within easy reach in nearby Boronia and Bayswater.
On Site Auction Thursday 23rd of November at 7pm
Property History for 8 Festival Pl, The Basin, VIC 3154
- 23 Nov 2023Sold for $1,090,000
- 01 Nov 2023Listed for Sale Auction ($1,000,000 - $1,100,000)
- 17 Jun 2020Sold for $962,800
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0About 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 36.94% increase in median value, while Units have seen a 41.46% increase. As at 31 August 2024:
- The median value for Houses in The Basin is $874,808 while the median value for Units is $784,364.
- Houses have a median rent of $550 while Units have a median rent of $375.
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