I think a Western Victorian team based out of Geelong and using the other centres would be fantastic for Basketball in Victoria. Across Geelong, Ballarat, Bendigo, Warnambool, Horsham & Mildura there's over half a million people. With most games based out of Geelong, some smaller drawing games (Hawks/Taipans maybe), could play at the smaller venues in Bendigo/Ballarat, and pre-season games or clinics/pre-season trainings at the smaller venues (Warnambool, Horsham, Mildura), I think you could make a great case for an NBL team out West.
Especially if they could pull back one or more of there former players, like a Sobey (Warnambool), Creek (Horsham), Exum (Werribee), Delly (Maryborough), Landale spent time at Geelong Grammar, Jock Perry (Geelong), Shaun Bruce (Horsham), theres been a bit of talent come out of the Western half of Victoria.
They've got 3 NBL1 teams, and Several Big V teams to Underpin them, and may even make a play for including Werribee/Wyndham, Keilor, Sunbury in that catchment area.