VIC 3154 · City of Knox
The Basin home appraisal and house prices
A free home appraisal in The Basin tells you what your home could sell for. As a guide, the median house price in The Basin was $970,000 in the March quarter 2026, from 13 house sales, according to the Victorian Government's Property Sales Report. That's up 12.1% on the same quarter a year earlier.
A median is a starting point, not your home's value: block size, condition and street all move the price. For a price range on your home, ask for a free appraisal from a local agent.
- Median house, Mar qtr 2026
- $970,000
- Change on a year earlier
- +12.1%
- Houses sold, Mar qtr 2026
- 13
- 2015 to 2025
- +62.3%
- +5% a year
The Basin house prices over ten years
Between 2015 and 2025 the yearly median house price in The Basin went from $550,000 to $892,500, up 62.3% (about +5% a year), according to the Valuer-General's yearly figures. The growth rate is our calculation.
The Basin's median house price, 2015 to 2025
Median sale price of houses for each calendar year
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report (time series to 2025), CC BY 4.0
Show the data
| Date | Value |
|---|---|
| 2015 | $550,000 |
| 2016 | $595,000 |
| 2017 | $610,000 |
| 2018 | $682,500 |
| 2019 | $695,000 |
| 2020 | $739,000 |
| 2021 | $875,000 |
| 2022 | $864,000 |
| 2023 | $850,000 |
| 2024 | $878,000 |
| 2025 | $892,500 |
Free home appraisal in The Basin
A median tells you about the suburb, not your home. A local agent looks at your place and recent sales on your streets, and gives you a price range. It's free and you don't have to sell.
The last five quarters
Quarterly medians move more than yearly ones, because each covers fewer sales. The March quarter 2026 median is up 1.3% on the quarter before, according to the Victorian Government's Property Sales Report.
The Basin median house price by quarter
Jan–Mar 2025
$865,000Apr–Jun 2025
$875,000Jul–Sep 2025
$830,000Oct–Dec 2025
$957,900Jan–Mar 2026
$970,000
Medians marked 'fewer than 10 sales' are flagged by the Valuer-General as less reliable.
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0
Show the data
| Item | Value |
|---|---|
| Jan–Mar 2025 | $865,000 |
| Apr–Jun 2025 | $875,000 |
| Jul–Sep 2025 | $830,000 |
| Oct–Dec 2025 | $957,900 |
| Jan–Mar 2026 | $970,000 |
How The Basin compares with nearby suburbs
The Basin is the 7th most expensive of the 9 suburbs we cover in the City of Knox, where the middle suburb's median is $971,500 in the March quarter 2026 (our calculation from the Victorian Government's Property Sales Report).
Close by and cheaper in the March quarter 2026: Boronia ($884k), Bayswater North ($920k) and Bayswater ($963k), according to the same report.
Close by and dearer in the March quarter 2026: Knoxfield ($972k), according to the same report.
Median house price: The Basin and its nearest suburbs
Distance is between suburb centres
Knoxfield, 7.2 km
$972kThe Basin (this suburb)
$970kFerntree Gully, 4.9 km
$970kRingwood East, 7.1 km
$964kBayswater, 4.7 km
$963kBayswater North, 4.6 km
$920kBoronia, 3 km
$884k
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0
Show the data
| Item | Value |
|---|---|
| Knoxfield, 7.2 km | $972k |
| The Basin (this suburb) | $970k |
| Ferntree Gully, 4.9 km | $970k |
| Ringwood East, 7.1 km | $964k |
| Bayswater, 4.7 km | $963k |
| Bayswater North, 4.6 km | $920k |
| Boronia, 3 km | $884k |
Questions about The Basin house prices
What is the median house price in The Basin?
$970,000 in the March quarter 2026, from 13 sales, according to the Victorian Government's Property Sales Report.
How much have house prices grown in The Basin?
The yearly median went from $550,000 in 2015 to $892,500 in 2025, up 62.3% or about +5% a year, according to the Victorian Government's Property Sales Report.
What suburbs near The Basin are cheaper?
Nearby suburbs with a lower median house price are Boronia ($884k), Bayswater North ($920k) and Bayswater ($963k). Compare every suburb in Knox.
Is a free appraisal the same as a property valuation in The Basin?
No. An appraisal is a local agent's opinion of the price your home would likely sell for, and it's free. A property valuation is a formal report from a certified practising valuer, usually paid for and needed for lending, legal or tax purposes. For deciding whether and when to sell, an appraisal is what most owners start with.
How do I find out what my The Basin home is worth?
A suburb median can't tell you about your block, its condition or your street. Ask a local agent for an appraisal: it's free and you don't have to sell. You can request one here.
Where these figures come from
Every price on this page is a median sale price published by the Department of Transport and Planning, Victorian Government in the Victorian Property Sales Report (opens in a new tab) and its yearly time series (opens in a new tab), used under CC BY 4.0. Distances, rankings and growth rates are our calculations from those figures. A median is the middle sale price, not the value of any one home. Figures last updated 1 October 2026.