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City of Knox
The Basin

The Basin Property Market
& Suburb Profile

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MEDIAN PRICES IN THE BASIN

Median house price

(all agencies, last 12 months)$860k*

House price change

(all agencies, last 12 months)-1.49%

Median unit price

(all agencies, last 12 months)$779k*

Unit price change

(all agencies, last 12 months)+10.82%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

THE BASIN PRICE TRACKER

HousesUnits

THE BASIN SALES OVERVIEW

  • Sold by Auction 80%
  • Sold by Private Sale or Other Method 20%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)24

Average days on market (units)

(all agencies, 12 months)22

Auction clearance rate in The Basin

(all agencies, last 12 months)80%

Average held period in The Basin

(proptrack)10 years

THE BASIN INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$637pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$558pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.56%

Average rental yield for Units

(all agencies, last 12 months)4.14%

The Basin total population size

(as at the last census)4,497

Median household size in The Basin

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

THE BASIN PROPERTY TYPES

  • Houses 57%
  • Units 10%
  • Other 33%

OCCUPANCY IN THE BASIN

  • Owned 88%
  • Rented 10%
  • Other/Not Stated 2%
  • Singles 19%
  • Families 79%
  • Other 2%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT THE BASIN

The Basin is a suburb of Melbourne, Victoria, Australia, 31 km east of Melbourne's Central Business District, located within the City of Knox local government area.

A tree-lined suburb, nestled at the foothills of the Dandenongs with views of both the National Park and the City of Melbourne. There are also nature reserves and extensive bikes paths and lanes.

Prior to European settlement, The Basin and surrounding suburbs were often visited by the Bunurong and Yarra Yarra people—hunting in the summer months in the Dandenong Ranges and its foothills. The Wurundjeri people of the Kulin nation are the acknowledged traditional custodians of the land on which The Basin and all of City of Knox is located.

The Basin forms one of Melbourne's "green wedges" and is nestled into the forest covered foothills of Mount Dandenong and the Dandenong Ranges National Park, including Doongalla Forest. This was formerly part of the Doongalla Estate, purchased by Sir Matthew Davies in 1891. The residential development of the suburb includes bushy parks such as Wicks Reserve and some farmland.

Mountain Highway runs through The Basin to Sassafras. It is a challenging and popular cycling route for people in Melbourne. The Basin-Olinda Road is a mostly unsealed road that leads to the mountain town of Olinda. Bus route 755 runs from The Basin to local train stations at Bayswater, Boronia and Ferntree Gully.

Offering three popular Primary Schools within a short distance and one secondary school sitting within The Basin boundaries and there are two local pre-schools.

There are various shops and restaurants fronting two sides of The Basin Triangle, amidst a village atmosphere. Retail outlets include a gym, a licensed post office, two pubs, cafés, milk bar, liquor store, greengrocer, jeweller, butcher, bookstore, restaurants, hairdressing salons, fish and chips, and bicycle shop.

One of the major selling points of The Basin is the leafiness and community feel. With small popular eateries, local playgrounds and bike tracks this small suburb makes everyone feel at home!

Education

Fernbrook School
St Bernadette's Catholic Primary School
The Basin Primary School
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THE BASIN MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202555$819,250-1.49%17$598pw3.85%
202470$795,5002.94%23$569pw3.91%
202358$795,000-2.86%23$530pw3.67%
202275$827,500-3.10%22$464pw3.36%
202169$815,25020.80%23$427pw2.90%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202555$819,250-1.49%
202470$795,500+2.94%
202358$795,000-2.86%
202275$827,500-3.10%
202169$815,250+20.80%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202517$598pw3.85%
202423$569pw3.91%
202323$530pw3.67%
202222$464pw3.36%
202123$427pw2.90%

PROUDLY SERVICING The Basin

BROWSE MORE SUBURBS

Boronia

Kilsyth South

Ferntree Gully

NEWS & INSIGHTS

Your Guide to Victoria's Upcoming Rental Reforms: What You Need to Know

Spring Auction Surge Signals Active Market

Five things to consider when choosing an investment property

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.