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Suburb Insights ยท VIC 3154

The Basin 3154, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

The Basin is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 4,497, making it a boutique locality. Located approximately 32 km from the Melbourne CBD, The Basin is a outer metro area in Victoria. The median household income is $104,988 AUD per year (ABS 2021 Census).

Investment Score

64 / 100 Good

The Basin benefits from a high-income resident base, supporting premium property pricing. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows The Basin, Victoria, Australia.

Key Indicators

Postcode
3154

Official Australia Post postcode for The Basin. A postcode may cover multiple suburbs.

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Population
4,497

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$365/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$104,988/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
32 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
90% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

The Basin's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $365/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. A median household income of $104,988/year supports premium property values and indicates a well-employed resident base. 90% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in The Basin over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in The Basin are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

The resale market in The Basin may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a The Basin property

Full Property Analysis

30-year projections for The Basin

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in The Basin through 2026 will likely be steady rather than spectacular, tracking the wider market. The rental market in The Basin should see steady occupancy, with moderate upward pressure on rents. The Basin offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is The Basin a good suburb for investment?

The Basin is a outer metro area in Victoria with a population of 4,497. The median rent is $365/week and the median household income is $104,988/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in The Basin?

Key demand drivers in The Basin include affordability relative to inner suburbs and expanding infrastructure. 90% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of The Basin?

According to the ABS 2021 Census, The Basin has a population of approximately 4,497. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is The Basin from the Melbourne CBD?

The Basin is approximately 32 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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