It forms part of the watershed of the Hyeongsan River, which flows north through the basin where it is joined by the Bukcheon, Namcheon, Daecheon, and Sogyeon-cheon streams.
Namsan, a mountain composed of two peaks (466 m, 495 m), cuts the Gyeongju Basin into two parts at the southern end.
The basin is also home to a great number of important Korean cultural heritage assets, mostly related to its ancient role as capital of Silla.
The slopes of the entire Namsan Mountain are covered in religious and ceremonial sites dating from the Mumun Pottery Period (c. 1500-300 B.C.)
However, the Gyeongju Basin has undergone significant environmental strain since the 1970s resulting the construction of tourist facilities, the expansion and industrialization of urban Gyeongju, intensive agriculture, and the construction and use of national public infrastructure such as expressways, highways, and high-speed rail.