7 Platypus Rise, Botanic Ridge VIC, Australia
Data last updated: 06 Jun 2025
Current Market Valuation
Estimated market value: $760,000 (range $650,000 - $870,000)
Notes: The property value has decreased by 0.6% in the last month and 1.0% since it last sold in 2024.
Purchase History
July 18, 2024 - $750,000 [4, 5, 6]
November 29, 2020 - $617,500
December 23, 2016 - $238,000
Property Details
Type:
House [4, 6, 7]
Bedrooms:
4
Bathrooms:
2
Land (sqm):
419
Car/Garage:
2 parking spaces (double lock-up garage) [4, 6, 7]
Estimated weekly rent:
$620 PW
Estimated rental yield of 4.3% for the property, compared to Botanic Ridge average of 4.0% . Median rent for houses in Botanic Ridge is $620 per week .
Rental vacancy rate:
0.62% (Botanic Ridge, as of a past 12-month period)
Council rate:
Not available in search results
Water rate:
Not available in search results
Strata fee:
N/A (typically for apartments/units, unlikely for a house unless part of a managed estate with common areas, which is not specified)
Home and content insurance price:
Not available in search results
Zoning Information
LGA:
City of Casey
Zoning:
Urban Growth Zone (UGZ4 - Urban Growth Zone - Schedule 4 land use) / General Residential Zone (Botanic Ridge Stage 4)
Bushfire:
Yes (Bushfire Management Overlay applies to part of Botanic Ridge Stage 4)
Flood:
Not specified in search results
Heritage:
Not specified in search results
Potential Developments in the Area
State Government:
Ongoing development and enhancement within the Urban Growth Zone
Amendment VC249 (effective Jan 2024) facilitates development of small second dwellings by exempting them from development contributions plans
Amendment C225 Botanic Ridge Stage 4 planning commenced to rezone part of land from Farming Zone to General Residential Zone and apply Bushfire Management Overlay
Local Government:
City of Casey is leading Amendment C225 Botanic Ridge Stage 4 development
Development Plan Overlay (DPO3) provides guidance for residential development
Future childcare center planned near The Junction development
Future Coles and shopping village currently under construction
Features
Location 7 Platypus Rise, Botanic Ridge VIC, Australia
What's Nearby
Education
Health & Medical
Transportation
Otway Rise/Settlers Run (Botanic Ridge) - Bus (Route 792 - Botanic Ridge and Pearcedale - Cranbourne Sta)
Cranbourne Station - Train (Cranbourne Line, requires bus transfer from Botanic Ridge)
Suburb Performance
Median Price History
Botanic Ridge is known for large, modern homes on sizeable residential blocks, primarily attracting young families. The majority of dwellings are owner-occupied, indicating a stable community.
May 2024 - May 2025 | $900,000
Current (as of search results) | $907,500
12-Month Growth Insight
Annual capital growth of 2.08% for houses in Botanic Ridge (as of February 2025)
Median house price in Botanic Ridge increased by 0% in the past 12 months (as of May 2025)
Median house price for 4 bedroom houses in Botanic Ridge decreased by -0.5% in the past 12 months (May 2024 - May 2025)
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