Basin View is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 1,583, the suburb has a mature demographic with a median age of 48. Households earn a median income of $65K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Basin View is $435,000, having dropped significantly 46.3% over the past year. Units have a median price of $790,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,532.
Basin View is served by 1 school, including 1 primary. The average ICSEA score is 959, which is around the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Basin View offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved -46.3% year-on-year.
Basin View is a small community in New South Wales within the Shoalhaven local government area (postcode 2540). With a population of 1,583, the suburb has a mature demographic with a median age of 48. Households earn a median income of $65K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Basin View is $435,000, having dropped significantly 46.3% over the past year. Units have a median price of $790,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 7.2%. The median monthly mortgage repayment is $1,532.
Basin View is served by 1 school, including 1 primary. The average ICSEA score is 959, which is around the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Shoalhaven LGA is below average at 3,609 incidents per 100,000 population.
From an investment perspective, Basin View offers a gross rental yield of 7.2%, rated as high yield. Property prices sit below the state median ($435K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved -46.3% year-on-year.