The Basin Real Estate, VIC, 3154, Knox

Thinking about buying in The Basin? Now could not be a better time, with a whopping 2025 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $784,000 with prices in this suburb ranging from $346,000 to $1,728,000.

Distance to the coast is 25 Km. Search Residz

Housing Market Outlook

Consistent high demand relative to supply is a key feature in The Basin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in The Basin ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in The Basin provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in The Basin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in The Basin the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Local Schools

(While the above schools are located with the suburb of The Basin there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


For Sale Local Listings


Nearby Suburbs

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Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology