Market snapshot
Suburb insights for Botanic Ridge3977
Change suburbBotanic Ridge, approximately 45 km from Melbourne, is a modern residential enclave surrounded by green spaces, including the Royal Botanic Gardens Cranbourne. It features contemporary housing, walking tracks, and a peaceful atmosphere, appealing to nature lovers and families looking for a semi-rural feel with suburban convenience.
Sales data
Median sale price
$1.1mil
Quarterly price change
14%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Botanic Ridge | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $700,000 | $863,000 |
| 4 | $970,000 | $980,500 |
| Insight | Botanic Ridge | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 38 | 37 |
Rental data
Median weekly rent
$670
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Botanic Ridge | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | - | $550 |
| 4 | $685 | $595 |
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