Thinking about buying in Botanic Ridge? Now could not be a better time, with 3212 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,046,000 with prices in this suburb ranging from $422,000 to $2,887,000. Botanic Ridge is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Botanic Ridge Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Botanic Ridge ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Botanic Ridge provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Botanic Ridge necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Botanic Ridge the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Botanic Ridge

	3 lotus dr, botanic ridge, vic, 3977	4	2	2	$945,000 - $995,000
	11 lindenderry rd, botanic ridge, vic, 3977	4	2	2	$845,000 - $900,000
	21 cornflower rise, botanic ridge, vic, 3977	4	2	2	$780,000 - $820,000
	3 flourish walk, botanic ridge, vic, 3977	3	2	2	$620,000 - $680,000
	26 station creek way, botanic ridge, vic, 3977	4	2	3	$1,200,000 - $1,280,000
	47 bandicoot bvd, botanic ridge, vic, 3977	4	2	2	$930,000 - $970,000
	28 cornflower rise, botanic ridge, vic, 3977	4	2	2	$990,000 - $1,065,000
	29 waterhouse way, botanic ridge, vic, 3977	4	2	2	880000
	16 seaview dr, botanic ridge, vic, 3977	5	3	2	1050000
	15 sandstone dr, botanic ridge, vic, 3977	4	2	2	860001
	24 shearing shed rise, botanic ridge, vic, 3977	4	3	2	975000
	1 essence rise, botanic ridge, vic, 3977	4	2	2	1290000
	60 riverwood dr, botanic ridge, vic, 3977	4	2	2	890001
	12 legacy ct, botanic ridge, vic, 3977	4	4	2	1195000
	4 bottletree rd, botanic ridge, vic, 3977	6	4	3	1575000

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General Points of Interest

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