16 Knowland Grove, Botanic Ridge VIC 3977
16 Knowland Grove, Botanic Ridge VIC 3977
Elevated 510m² in Settlers Run estate | 3-car garage above suburban norm | Architect-styled with Tasmanian oak | Suits families and downsizers
This property is positioned at the higher end of Botanic Ridge’s offering. Its elevated site within the Settlers Run estate is seen as a lifestyle advantage over standard suburban blocks. The three-car accommodation is considered a genuine rarity in this suburb, adding practical value for families or collectors. The architect-styled interior with Tasmanian Oak finishes and energy-efficient design is targeted at buyers who prioritise quality over proximity to dense amenities. It is expected to appeal most strongly to owner-occupiers, especially families seeking room to grow or downsizers wanting a lock-and-leave home with estate character.
The valuation may be influenced by the limited walkable amenity and school-zone uncertainty, which could narrow the buyer pool. Its estate location might trade some convenience for privacy, so a buyer should weigh lifestyle benefit against accessibility to shops and transit. Without a confirmed build year, depreciation or renovation contingency may factor into offers.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Knowland Grove, Botanic Ridge VIC 3977
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Botanic Ridge is a quiet, master-planned suburb positioned for young families seeking a residential lifestyle with access to parks and recreational amenities. Demand is driven by this demographic, attracted by new housing estates and quality local infrastructure. Recent price trends indicate a stabilising market with moderate capital growth, supported by solid sales volume. Future growth is underpinned by its location within the urban growth boundary, though its relative maturity and dependence on local amenity development present a key consideration.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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