4 Knowland Grove, Botanic Ridge VIC 3977
4 Knowland Grove, Botanic Ridge VIC 3977
4 bed, 2 bath, 2 car double-storey | 596m² block, north-to-rear aspect | Parkland outlook, Settlers Run estate | Renovated interior, family-focused layout | Larger-than-typical land for the suburb
This house holds a genuine competitive edge in Botanic Ridge because of its combination of size and orientation. The 596m² block is noticeably larger than much of the newer stock in the area, and the north-to-rear aspect means the main living zones and backyard capture natural light through the day, which is something buyers often pay a premium for without realising it. The double-storey layout with four bedrooms upstairs, a retreat, and a downstairs powder room suits families who want separation between sleeping and living spaces. The renovated interior with fresh paint inside and out removes the immediate to-do list, which is rare in this price range and makes the property move-in ready. It sits opposite parkland in the Settlers Run precinct, so the outlook is protected and the setting feels more established than the typical estate fill-in. This is best suited to a family buyer, likely upgrading from a smaller home, who values lifestyle amenity, school proximity, and a property that does not need work.
The value picture here is shaped by a few factors worth weighing carefully. The build era is likely around 2011 based on the surrounding estate, which means the property is now over a decade old, so the renovated condition matters more than it would for a new build. The floor area of roughly 231m² is solid but not oversized for a four-bedroom double-storey, so the internal flow and storage will be judged against newer comparables that sometimes offer more square footage. The parkland frontage and north-to-rear orientation are durable advantages that should hold value even if the broader market softens. Rental demand appears healthy, with an estimated $840 per week, which may appeal to an investor buyer, though the primary market here is clearly owner-occupiers. The lack of flood, bushfire, or heritage overlays reduces hidden risk, and the secure internal garage access adds practical appeal for families with children or frequent drivers.
|| Comparable Sales: 10 Knowland Grove sold $630,000 in 2014; 4 Belcello Street listed at similar configuration | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, north-to-rear aspect, renovated condition
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Knowland Grove, Botanic Ridge VIC 3977
Checks found:
Value Risk
Liquidity Risk
1
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
Comparable Sales: 10 Knowland Grove sold $630,000 in 2014; 4 Belcello Street listed at similar configuration | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, north-to-rear aspect, renovated condition
Bedrooms
4
Bathroom
2
Parking
2
Land
596m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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