Botanic Ridge VIC 3977

Here you can find what you need to know about Botanic Ridge, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$911K Median Sale Price (National Average $485k) 264th In VIC
3.76% Median Sale Price Change (1yr) (National Average 4.30%) 170th In VIC
$625pw Median Rent (National Average $395) 183rd In VIC
3.6% Median Gross Yield (National Average 4.24%) 286th In VIC
Properties sold 124
Average discounting -7.45%
Average Days on Market 61
Stock on Market 103 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Botanic Ridge, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Botanic Ridge, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Botanic Ridge, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Botanic Ridge


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Botanic Ridge, VIC 3977

Part of: Casey Council No data available

The size of Botanic Ridge is approximately 6.2 square kilometres. It has 19 parks covering nearly 18.4% of total area. The population of Botanic Ridge in 2011 was 1,729 people. By 2016 the population was 3,912 showing a population growth of 126.3% in the area during that time. The predominant age group in Botanic Ridge is 30-39 years. Households in Botanic Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Botanic Ridge work in a trades occupation. In 2011, 92.1% of the homes in Botanic Ridge were owner-occupied compared with 91.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Botanic Ridge

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Botanic Ridge   for Houses in last 12 months


There have been 124 Houses sold in Botanic Ridge in the past 12 months with a median sale price of $911K, up 3.8% annually. It takes on average 37 days to sell with vendor discounting of -7.5%.

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