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VIC › Botanic Ridge › Teak St

7 Teak St, Botanic Ridge VIC 3977

House

$610,000

Last sold

22 Jan 2021

4

Bedrooms

2

Bathrooms

2

Car spaces

400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $610,000 (22 Jan 2021).(Recorded sale)
  • FactLand 400 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Botanic Ridge (last 5 years) with land size: median $1,467/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$610,000

22 Jan 2021 · 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

See the full Botanic Ridge report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$610,00022 Jan 2021
  2. Listedprice unknowncompleted9 Dec 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Botanic Ridge in one glance

Botanic Ridge at a glance

7,326

People

No data

Median sale

$612/wk

Median rent

No data

Suburb gross yield

See the full Botanic Ridge report →

Keep researching

  • Why Botanic Ridge? Read the area thesis →
  • What else is on the market in Botanic Ridge →
  • Other records on Teak St →

Listing material

Listed by Ray White Cranbourne

**SOLD BY PAUL RINGERI**

ACACIA ESTATE, BOTANIC RIDGE: A stunning display of contemporary living executed with a perfection's eye for detail and high grade fixtures and finishes throughout, lucky are those who secure this luxurious 4 bedroom (all with walk in robe facilities) family home.

Located in a family friendly precinct that's only an approx. 45-minutes' drive to the CBD, 7 Teak Street is surrounded by the estate's wetlands and walking trails with both the Botanic Ridge Primary School and the brand new, soon to be constructed shopping centre within easy reach. This is the perfect location to raise a family or to downsize without compromising on lifestyle.

Delivering the ultimate in low maintenance living nestled on a fuss free allotment of some 400m2, the residence itself features a spacious open plan living and dining room with tiled flooring under-foot, LED lighting and plantation shutters. A casual flow through the glass sliding doors and you'll be greeted by the under-roofline alfresco that overlooks the garden and feature bamboo screening.

Read the full description

A second lounge is positioned at the front of the property and provides a quiet space to watch a movie or flick through a magazine. The family cook is bound to adore the premium hostess kitchen complete with stone island, Asko dishwasher, 900mm oven with gas cooktop and walk-in pantry facilities. All this and a whole lot more directly overlooking the family room and beyond.

Immaculately presented and move-in ready, this gorgeous package also includes a large master with walk-in robe and ensuite, a full family bathroom located in the junior wing, ducted heating, evaporative cooling plus a remote double garage with secure internal access.

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 includes beautifully landscaped parks and wide tree lined streets. Other features include Botanic Village, a local shopping hub with its own supermarket, cafe and specialty stores plus a community centre. Sports and recreational fields are also planned!

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 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!

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.

Property features

  • Air Conditioning
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.