4 Silverwood Street, Botanic Ridge VIC 3977
4 Silverwood Street, Botanic Ridge VIC 3977
Wide lot yield risk | School zone premium priced in | 2017 land entry not repeatable | Floor area overshadows land value.
The asking range prices in a school-zoned landbank that is already fully built out. The 341m² structure consumes nearly half the site, leaving zero subdivision optionality and capping future land leverage. Median street value sits near $960k, meaning the $1.14m-$1.16m midpoint demands a 19% premium for a spec-built floorplan with no heritage or scarcity buffer. This property functions best as a long-hold family dwelling, not a renovation or split play.
What is competitively rare here is the 705m² lot in a master-planned estate where most blocks are smaller, paired with ducted heating and dual living areas that suit intergenerational or home-office setups. FTTP and 5G coverage support remote work, but the real edge is the 46m elevation and lack of overlays, reducing insurance and development friction. It serves a buyer who wants turnkey space in a growth corridor school catchment and intends to stay seven years or longer.
The gap between the 2017 land entry and today’s finished house price shows the estate has matured. Comparable recent sales on similar-sized blocks in Botanic Ridge settled between $950k and $1.02m, making this listing’s lower bound a stretch but achievable for a premium floor plan. For a buyer, the credible value lies in holding the improved property through the next infrastructure cycle rather than flipping.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Silverwood Street, Botanic Ridge VIC 3977
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
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
4
Bathroom
2
Parking
2
Land
705m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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