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Botanic Ridge, VIC 3977
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,005,000
market range $975K-$1.1M
Median Unit
$605,000
Gross Yield (units)
4.7%
1yr Growth (houses)
+13.4%
market range +7.5% to +30.0%
Investment snapshot for Botanic Ridge
Botanic Ridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Botanic Ridge market and investor summary
In Botanic Ridge, VIC 3977, the median house sells for around $1.0M. House prices have moved +13.4% over the past year. At 1.5% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking. Houses also take time to sell, around 74 days on market, so plan for a slower exit if you ever need one.
Living in Botanic Ridge: people, income and schools
Botanic Ridge is home to around 6,739 people, and the area has been growing steadily, up about 16% over five years. At a median age of 32, it reads as broadly working-age, and 87% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $133,000 a year (about $2,550 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 7.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
Families have 17 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Botanic Ridge sits about 45 km from the CBD. It is fairly car-dependent; the suburb scores 15 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 6,739
- +16% over 5yr
- Median age
- 32 years
- Median household income
- $133,000/yr
- Households renting
- 12%
- Family households
- 91%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 17
- avg ICSEA 1020
- Unemployment
- 5.7%
- Distance to CBD
- 45 km
- Walk score
- 15/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Botanic Ridge
View all →Frequently asked questions about Botanic Ridge
What should I check before investing in Botanic Ridge?
Botanic Ridge has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +13.4% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Botanic Ridge?
The median property price in Botanic Ridge, VIC 3977 is $1.0M for houses and $605K for units.
What rental yield does Botanic Ridge show?
The gross rental yield in Botanic Ridge is 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Botanic Ridge?
House prices in Botanic Ridge are up 13.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Botanic Ridge?
The current vacancy rate in Botanic Ridge is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Botanic Ridge?
Botanic Ridge has a population of approximately 6,739 residents, with a median age of 32.
What schools are near Botanic Ridge?
There are 17 schools within roughly 5km of Botanic Ridge. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Botanic Ridge affordable to buy in?
A median house in Botanic Ridge costs about 7.6 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Botanic Ridge's population growing?
The population of Botanic Ridge has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Botanic Ridge from the CBD?
Botanic Ridge is about 45 km from the CBD.
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