The Basin (Vic.)

The Basin is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

The Basin's population, as of Nov 2025, is estimated at around 4,491 people. This reflects a decrease from the 2021 Census figure of 4,497 people, indicating a change of -6 persons (0.1%). AreaSearch validated this estimate using resident population data from ERP releases by ABS up to June 2024 and additional new addresses since the Census date. This results in a population density ratio of 781 persons per square kilometer. Overseas migration contributed approximately 52.0% of overall population gains during recent periods.

AreaSearch projections for The Basin (Vic.) are based on ABS/Geoscience Australia figures released in 2024, using 2022 as the base year. For areas not covered by this data, VIC State Government's Regional/LGA projections from 2023 are used with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. According to these projections, the suburb is expected to expand by 158 persons to 2041, reflecting an increase of 3.7% in total over the 17-year period.

The level of residential development activity in The Basin is very low in comparison to the average area assessed nationally by AreaSearch

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, The Basin has experienced around 5 dwellings receiving development approval each year. Approximately 29 homes were approved over the past 5 financial years, between FY-21 and FY-25, with an additional 5 so far in FY-26. This suggests new supply has been keeping pace with demand despite a falling population, offering good choice to buyers.

The average expected construction cost value of these properties is $780,000, indicating a focus on the premium segment with upmarket properties. In terms of commercial development, $1.1 million in approvals have been recorded this financial year, indicating minimal activity in this sector compared to residential development. Relative to Greater Melbourne, The Basin records markedly lower building activity, 72.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing dwellings. Additionally, The Basin is under the national average for building activity, suggesting its established nature and potential planning limitations.

Recent development in The Basin has been entirely comprised of standalone homes, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers. This quiet, low activity development environment is reflected by an estimated count of 1281 people per dwelling approval. Future projections show The Basin adding 165 residents by 2041, according to AreaSearch's latest quarterly estimate. Development appears to be keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

The Basin has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region. Key projects include Mountain Highway Logistics Hub, Angliss Hospital Expansion, Bayswater Business Precinct Transformation Strategy, and Dandenong Ranges Environmental Protection Program. The following list details those most relevant:.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment environment in The Basin shows above-average strength when compared nationally

The Basin's skilled workforce is notable, with the construction sector being particularly prominent. The unemployment rate was 3.4% in the past year, showing an estimated employment growth of 1.4%.

As of June 2025, 2,524 residents are employed, with an unemployment rate of 1.2%, lower than Greater Melbourne's 4.6%. Workforce participation is similar to Greater Melbourne at 66.4%. Key industries include construction, health care & social assistance, and retail trade. Construction stands out with an employment share 1.6 times the regional level, while professional & technical services are underrepresented at 6.0% compared to the regional average of 10.1%.

Employment opportunities locally appear limited based on Census data comparison. Between June 2024 and June 2025, employment increased by 1.4%, labour force by 0.7%, reducing unemployment by 0.7 percentage points. In contrast, Greater Melbourne saw employment rise by 3.5% and unemployment increase by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project national growth of 6.6% over five years and 13.7% over ten years. Applying these projections to The Basin's industry mix suggests local employment could grow by 6.3% in five years and 13.1% in ten years, though this is a simplified extrapolation for illustrative purposes only.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's aggregation of the latest postcode level ATO data released for financial year 2022 shows The Basin had a median income among taxpayers of $53,172 and an average level of $64,026. These figures are slightly lower than national averages, which stood at $54,892 and $73,761 respectively for Greater Melbourne. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates suggest a median income of approximately $59,638 and an average income of $71,812 as of September 2025. The Basin's household, family, and personal incomes clustered around the 59th percentile nationally according to the 2021 Census. Income distribution indicates that 36.6% of the population (1,643 individuals) fall within the $1,500 - $2,999 income range, which aligns with regional trends where this cohort represents 32.8%. Housing accounts for 13.7% of income, and residents' strong earnings rank them within the 70th percentile for disposable income. The area's SEIFA income ranking places it in the 6th decile.

The Basin is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In The Basin, as per the latest Census evaluation, 94.7% of dwellings were houses with the remaining 5.3% being semi-detached, apartments, or other types. This contrasts with Melbourne metro's figures of 83.4% houses and 16.7% other dwellings. Home ownership in The Basin stood at 36.3%, similar to Melbourne metro, with mortgaged dwellings at 52.9% and rented ones at 10.8%. The median monthly mortgage repayment was $1,950, lower than Melbourne metro's $2,000, while the median weekly rent was $365 compared to Melbourne metro's $400. Nationally, The Basin's mortgage repayments were higher than the Australian average of $1,863, but rents were lower at $375 compared to the national figure.

The Basin features high concentrations of family households, with a fairly typical median household size

Family households account for 78.6% of all households, including 39.0% couples with children, 27.5% couples without children, and 11.1% single parent families. Non-family households constitute 21.4%, with lone person households at 19.5% and group households comprising 1.9%. The median household size is 2.7 people, aligning with the Greater Melbourne average.

The educational profile of The Basin exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 23.8%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 16.2%, followed by postgraduate qualifications (4.4%) and graduate diplomas (3.2%). Vocational credentials are prominent, with 40.5% of residents aged 15+ holding them, including advanced diplomas (13.5%) and certificates (27.0%). Educational participation is high at 28.6%, comprising 10.4% in primary education, 8.5% in secondary education, and 3.9% pursuing tertiary education.

The area has two primary schools, St Bernadette's Catholic Primary School and The Basin Primary School, serving a total of 847 students. These schools focus exclusively on primary education, with secondary options available nearby. The area functions as an educational hub with 18.9 school places per 100 residents, attracting students from surrounding communities.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transportation in The Basin found that there are currently 15 active transport stops operating within the area. These stops serve a mix of bus routes, with a total of 3 individual routes providing service. Collectively, these routes facilitate 536 weekly passenger trips.

The accessibility of transport is rated as good, with residents typically residing approximately 263 meters from their nearest transport stop. On average, there are 76 trips per day across all routes, which equates to around 35 weekly trips per individual stop.

Health performance in The Basin is lower than average with common health conditions somewhat prevalent across the board, though to a considerably higher degree among older age cohorts

The Basin faces significant health challenges with common health conditions prevalent across all age groups but to a higher degree among older cohorts.

Approximately 52% of the total population (~2,342 people) has private health cover, slightly above the average SA2 area rate. The most common medical conditions are mental health issues affecting 10.0% of residents and asthma impacting 8.1%. Conversely, 66.3% of residents report no medical ailments compared to 69.4% in Greater Melbourne. In terms of demographics, 16.9% of residents are aged 65 and over (758 people), lower than the 19.5% in Greater Melbourne. However, health outcomes among seniors require more attention due to the specific challenges they face.

The Basin ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

The Basin's cultural diversity was found to be below average, with 82.4% of its population born in Australia, 89.8% being citizens, and 91.5% speaking English only at home. Christianity was the main religion in The Basin, comprising 39.3% of people. However, Judaism showed notable overrepresentation, making up 0.1% compared to the regional average of 0.1%.

In terms of ancestry, the top three groups were English (30.8%, substantially higher than the regional average of 22.7%), Australian (27.1%, substantially higher than the regional average of 21.3%), and Scottish (8.7%). Other notable divergences included Dutch (2.8% vs regional 1.8%), Welsh (0.8% vs regional 0.4%), and Hungarian (0.4% vs regional 0.4%).

The Basin's median age exceeds the national pattern

The Basin has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's median age of 38. Comparing the two areas, The Basin has a notably higher proportion of people aged 55-64 (13.4%) compared to Greater Melbourne's average, while those aged 25-34 are under-represented at 8.6%. Between 2021 and now, the population aged 15-24 has increased from 11.0% to 14.0%, while the 25-34 age group has decreased from 11.7% to 8.6%. By 2041, demographic projections suggest significant changes in The Basin's age profile. The 75-84 age cohort is expected to grow by 106 people (41%), from 255 to 362. Notably, those aged 65 and above are projected to account for 68% of the total population growth, reflecting the area's aging demographic trend. Meanwhile, the 55-64 and 0-4 age groups are expected to experience population declines.