Botanic Ridge at a glance
7,326
People
No data
Median sale
$612/wk
Median rent
No data
Suburb gross yield
VIC › Botanic Ridge › Principle Dr
$692,500
Last sold
1 June 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$692,500
1 June 2021 · derived via latest_sale
Botanic Ridge at a glance
7,326
People
No data
Median sale
$612/wk
Median rent
No data
Suburb gross yield
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $612/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Botanic Ridge at a glance
7,326
People
No data
Median sale
$612/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White CranbourneACACIA ESTATE, BOTANIC RIDGE: **NO BODY CORPORATE FEES APPLICABLE** A modern design with quality finishes and a relaxed Hamptons aesthetic define this near new luxury home. Boasting a choice of 2 striking living areas and a seamless flow through glass sliding doors into an expansive decked outdoor retreat, 11 Principle Drive is a certain addition to your inspection list!
Strolling distance to Botanic Ridge Primary, Homestead Park, the site of the future shopping centre and just a short zip to prestigious golfing facilities, couples or families will adore the lifestyle and location afforded by this terrific opportunity that is encircled by pastoral land, yet under an hour's drive to the Melbourne CBD.
Beyond the low maintenance landscaped gardens the property itself invites you into a spacious layout with both of the living zones featuring timber flooring, dado wall panelling and a neutral palette suited to any style or décor.
A modern hostess kitchen with stone countertops and stainless steel appliances shares the open floorplan, which casually spills into the decked barbecue area and the fully fenced lawn to provide a terrific space for those who like to relax and entertain in style!
Tucked down a separate hall there are 2 junior bedrooms, each with built-in robes, that flank the full family bathroom complete with shower, tub and separate toilet facilities. Don't forget the master with its own ensuite and walk-in robe!
This wonderful package also features ducted heating, evaporative cooling plus a remote double garage and is an easy stroll to the site of the Botanic Village, a local shopping hub with its own supermarket, cafe and specialty stores that is soon to be constructed.
Named after the Australian wattle, Acacia is designed to blend perfectly with the natural environment that even features the Royal Botanic Gardens directly next door. This thriving development offers beautifully landscaped parks, designed wetlands and wide tree lined streets. Other features include Botanic Ridge Primary School and a community centre, while sports and recreational fields are also proposed.
The location is sensational within close proximity to all of the amenities on offer in the established townships of Cranbourne and Pearcedale.
Call today before it's GOING, GOING ..... GONE!
CONTACT US TO ARRANGE FOR A TIME TO VIEW THE SECTION 32 VENDOR STATEMENT!
DISCLAIMERS:
Every precaution has been taken to establish the accuracy of the above information, however it does not constitute any representation by the vendor, agent or agency.
Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
Due to private buyer inspections, the status of the sale may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.
Listing description written by Paul Ringeri, Ray White Cranbourne — reproduced as published, not verified by Districts.