13 Toorak Avenue The Basin VIC 3154
13 Toorak Avenue The Basin VIC 3154
Elevated Dandenong Ranges views | Character-filled interiors | Large 889-1016sqm block | Configuration discrepancy noted
This property presents a rare, large parcel in a lush, elevated setting with character appeal, trading significantly below the suburb median. Its size and views offer a tangible point of differentiation for a buyer seeking space and privacy, best serving an owner-occupier comfortable with potential renovation. The discrepancy in recorded land size and bedroom count must be formally resolved.
Proceed only after reconciling the land title dimensions and bedroom count, as these discrepancies directly impact valuation and utility. The substantial price gap to the suburb median reflects this property’s older condition and the inherent premium for updated stock. Acquire it as a long-term hold to capitalise on its irreplaceable land attributes, accepting the cost of eventual modernisation. Our report would clarify its true market valuation and detail locality-specific risks, from planning controls to bushfire overlays pertinent to this elevated block.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Toorak Avenue The Basin VIC 3154
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✕
2
Insight: 13 Toorak Avenue The Basin VIC 3154
The Basin offers a semi-rural lifestyle with strong community appeal, attracting families, creatives, and tree-changers. Demand is underpinned by this demographic shift and rising rental pressure. Recent house price performance has been mixed, reflecting a market in transition with moderate sales volumes. Future growth is linked to its lifestyle proposition, though the market is constrained by very low unit turnover and sensitivity to broader economic conditions.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
1015m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst