20 Belcello Street, Botanic Ridge VIC 3977
20 Belcello Street, Botanic Ridge VIC 3977
Single-level 4/2/2 on ~490m² | recent estate build | family-oriented pocket | strong new-build demand | typical suburban finish
The property presents a straightforward single-level family configuration that aligns closely with what the local market expects from this newer pocket of Botanic Ridge. Its four bedrooms, two bathrooms, and double garage suit owner-occupiers with children, and the near-new build era removes immediate maintenance concerns. The lot size is consistent with the surrounding subdivision, and the estate’s open-space access and school catchment options reinforce its practical appeal. While not a premium custom home, it is placed well within the mainstream family product that turns over steadily in this suburb, which makes it a reliable option for buyers seeking a serviceable, low-hassle house in a growth area.
Value might be shaped by the exact standard of internal finishes and the orientation of the living areas, as comparable new builds vary noticeably in presentation. Land position and any side-boundary width could also influence how the property sits relative to neighbours, and street placement may affect quietness or aspect. Buyers should weigh whether the current specification meets their expectations or whether modest upgrades would be needed, as this may move the final effective price. The property’s single-level nature and absence of complex features reduce some cost risks, but the final comparison to other new builds on similar lots remains the key consideration.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Belcello Street, Botanic Ridge VIC 3977
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Botanic Ridge is a quiet residential suburb on Melbourne’s urban fringe, anchored by the Royal Botanic Gardens and bounded by major roads. Demand is led by high-income, trades-qualified families aged 30–39, drawn to the Settlers Run Estate and Botanic Ridge housing developments. House prices are flat at $912,000, up just 0.1% yearly, with 199 sales in a year, up 34.5%. Homes average 38 days on market, while gross yields sit at 3.6% for houses and 4.7% for units, with weekly rents around $640. Future growth is supported by the westward shift of the urban growth boundary along Pearcedale and Browns Roads, improving bus links, and nearby recreational assets such as Casey Fields and the golf course. The key constraint is affordability, given minimal unit supply and sparse local shops, limiting entry-level options.
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PropCred Estimated Value
Comparable Sales: 40 Belcello St (land sale $435K, 2023); 6 Bellthorpe Rd $1.29M (2025) | Property Price Band: $900K–$1M | Value Drivers: recent build, 490m² land, single-level family layout
Bedrooms
4
Bathroom
2
Parking
2
Land
560m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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