Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | - | - | - | - | - |
| 2010 | $485,000 | 0.0% | $248,000 | $687,777 | 29 |
| 2011 | $570,000 | +14.9% | $450,000 | $880,000 | 26 |
| 2012 | $507,500 | -12.3% | $249,000 | $1,020,000 | 61 |
| 2013 | $522,500 | +2.9% | $230,000 | $807,000 | 67 |
| 2014 | $545,000 | +4.1% | $274,000 | $762,500 | 59 |
| 2015 | $550,000 | +0.9% | $353,700 | $925,000 | 91 |
| 2016 | $572,000 | +3.8% | $238,500 | $995,000 | 118 |
| 2017 | $697,000 | +17.9% | $510,000 | $1,100,000 | 97 |
| 2018 | $720,000 | +3.2% | $490,000 | $1,220,000 | 113 |
| 2019 | $700,000 | -2.9% | $455,000 | $1,000,000 | 100 |
| 2020 | $725,000 | +3.4% | $452,500 | $1,320,000 | 115 |
| 2021 | $880,000 | +17.6% | $469,000 | $1,500,000 | 151 |
| 2022 | $925,000 | +4.9% | $560,000 | $1,473,500 | 119 |
| 2023 | $900,000 | -2.8% | $550,000 | $1,600,000 | 131 |
| 2024 | $990,000 | +9.1% | $600,000 | $1,390,000 | 23 |
Median Sale Price
$915K
Based on 115 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-0.5%
Current Median Price: $915,000
Previous Median Price: $920,000
Based on 226 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $490 | 0.0% | $410 | $580 | 11 |
| 2012 | $450 | -8.9% | $425 | $500 | 10 |
| 2013 | $470 | +4.3% | $360 | $550 | 28 |
| 2014 | $465 | -1.1% | $370 | $550 | 24 |
| 2015 | $480 | +3.1% | $380 | $650 | 38 |
| 2016 | $500 | +4.0% | $380 | $600 | 40 |
| 2017 | $500 | 0.0% | $460 | $610 | 27 |
| 2018 | $500 | 0.0% | $360 | $600 | 48 |
| 2019 | $420 | -19.0% | $345 | $700 | 135 |
| 2020 | $460 | +8.7% | $350 | $1,564 | 61 |
| 2021 | $470 | +2.1% | $370 | $900 | 46 |
| 2022 | $570 | +17.5% | $370 | $750 | 57 |
| 2023 | $570 | 0.0% | $430 | $1,050 | 57 |
| 2024 | $635 | +10.2% | $470 | $780 | 16 |
Median Rent Price
$620
per week
Based on 54 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+8.1%
Current Median Rent: $620
Previous Median Rent: $570
Based on 120 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $915,000
Current Median rent: $620
Based on 169 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Botanic Ridge
Houses sold in Last 12 months ends 20 Apr 2024
$1.17M
Median Sale Price
100%
Clearance Rate
6/6
Sold/Reported
$1.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 2 | |
| $800 K - $1 M | 3 | |
Similar Suburbs to Botanic Ridge 3977
Based on median house sale price sold in last 12 months
Schools closest to Botanic Ridge, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Cranbourne South Primary School | PEARCEDALE ROADCranbourne South 3977 | Primary | Government | 1.19 km |