Botanic Ridge at a glance
7,326
People
No data
Median sale
$612/wk
Median rent
No data
Suburb gross yield
VIC › Botanic Ridge › Riverwood Dr
$575,000
Last sold
28 June 2019
4
Bedrooms
2
Bathrooms
2
Car spaces
448 m²
Land
248.3 m²
Building
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
$575,000
28 June 2019 · derived via latest_sale
Local land rate: recorded House sales in Botanic Ridge (last 5 years) with land size have a median of $1,467/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
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 CranbourneSUMMERHILL ESTATE, BOTANIC RIDGE: **QUALITY METRICON BUILD, 26.9 SQUARES, 448M2** Positioned in the burgeoning estate of Summerhill on the fringe of beautiful Botanic Ridge, this quality home has just been completed and begs the question - why bother building? Here you can simply move in and enjoy a well designed and quality built Metricon family home that has plenty of space for all. Nestled on a fully fenced and landscaped block of 448m2 62 Riverwood Drive is an address you will be proud to call home!
In close proximity to expansive parkland with children's play equipment, the property itself features an impressive facade that conceals features including a front formal lounge, a vast open plan family/dining room with timber flooring plus a separate living quarters that makes for the perfect children's retreat!
The stunning kitchen has to be one of the main selling attractions and is complete with stone bench tops, stainless steel appliances, including a 900mm freestanding oven/stove, plus a double pantry. There are 4 generous robed bedrooms, the master offering a walk-in wardrobe and an ensuite to complement the family bathroom and second toilet.
Bonus extras include ducted heating, split system cooling, a remote double garage with internal access plus a backyard with an under-roofline alfresco!
This safe and secure pocket is within metres of the picturesque future waterways with easy access to the Cultural Heritage Reserve and Summerhill Park. The scene is set for a lifestyle full of peace and tranquillity!
Summerhill is setting a new standard in Botanic Ridge with special and considered features that makes this community unique. An exclusive address for fewer than 200 spacious and elegant homes, this estate has been designed to blend in perfectly with the natural environment surrounding. Nestled in between the Royal Botanic Gardens and the popular Acacia community, the development will also include a formal estate entrance point, beautifully landscaped parks, native streetscapes, charming natural stone accents, designed wetlands and wide tree-lined streets.
Others features include Botanic Village, a local shopping hub positioned in the neighbouring estate, Acacia, complete with its own supermarket, cafe and speciality stores, a future primary school and a community centre. Sports and recreational fields have also been proposed!
Sensational location within close proximity to all of the amenities on offer in the established townships of Cranbourne and Pearcedale. If you are a golf enthusiast then chuck the clubs in the boot as the well known 18-hole Greg Norman designed course is literally minutes away!
Call today before it's SELLING ... SELLING ... SOLD!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
Please note:
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.
All of the property details noted were current at the time of publishing. 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.