Basin View

Basin View has a population of 1,583 residents, with the largest age group being 5 to 19 years old. The suburb has a diverse range of occupations, with the highest proportions being technicians and tradesworkers, professionals, and community and personal service workers. The median weekly household income is $1,244, and the median mortgage repayment is $1,532 per month. Residents mainly commute by motor vehicle, while a good number also work from home. Basin View presents a good opportunity for house investors as indicated by the high median growth rate, low vacancy rate, and moderate rental yield. The suburb also shows potential for renovation projects due to a relatively high sale price IQR ratio. With a stable social housing ratio and solid population growth rates, Basin View offers a promising investment potential for property developers and buyers looking for long-term growth. Basin View, with its growing population and educational advantage percentile, is an attractive suburb for families and professionals looking for a peaceful lifestyle close to the water. The strong demand for housing, reflected in the low days on market and high online search interest, positions Basin View as a suburb with good potential for capital growth and investment opportunities. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022