5 Otway RiseBotanic Ridge VIC 3977
Property Details for 5 Otway Rise, Botanic Ridge
5 Otway Rise, Botanic Ridge is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 982m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Botanic Ridge in the last 12 months.
Last Listing description (July 2024)
An architectural marvel of indoor-outdoor interaction, this bespoke family entertainer residence presents a form as bold as it is subtly luxurious. Masterfully incorporating modern influences into a sophisticated, family-oriented design, it reveals a high-quality lifestyle opportunity perfect for those craving space, light and style.
Polished hardwood floors and immense ceiling heights throughout its dual-lounge design solidify its emphasis on high-quality living, stepping down from a formal lounge into a family and dining space filled with brilliant natural light. A stunning stone kitchen features a 900mm gas cooker, dishwasher and a walk-in pantry, with opposing corner stacker doors opening life to a covered entertaining deck with ceiling fans, heaters and retractable cafe blinds.
Structural landscaping separates the two tiers of the immense rear yard, perfect for play while the adults watch over from the deck and terrace. The rear-set main bedroom is just as impressive with its walk-in robe and lavish ensuite, complete with a dual-head shower and floor-to-ceiling tiling, with three additional bedrooms around two more bathrooms, a powder room and laundry.
Otway Rise is highly craved for its courtside setting on the very edge of Settler's Run, and this home in the bowl of its court represents one of its best. Complete with refrigerated heating/cooling, a rainwater tank, and a triple garage with through access, it sits a short distance from Cranbourne South Primary, Botanic Ridge Village, Cranbourne West Shopping Centre, Ranfurlie and Settler's Run golfing, and easy highway access.
Property History for 5 Otway Rise, Botanic Ridge, VIC 3977
- 27 Jul 2024Sold for $1,118,000
- 05 Jun 2024Listed for Sale $1,075,000 - $1,150,000
- 13 Feb 2018Sold for $900,000
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About Botanic Ridge 3977
The size of Botanic Ridge is approximately 6.2 square kilometres. It has 19 parks covering nearly 18.4% of total area. The population of Botanic Ridge in 2011 was 1,729 people. By 2016 the population was 3,912 showing a population growth of 126.3% in the area during that time. The predominant age group in Botanic Ridge is 30-39 years. Households in Botanic Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Botanic Ridge work in a trades occupation. In 2011, 92.1% of the homes in Botanic Ridge were owner-occupied compared with 91.9% in 2016.
Botanic Ridge has 3,335 properties. Over the last 5 years, Houses in Botanic Ridge have seen a 32.18% increase in median value, while Units have seen a 22.19% increase. As at 30 September 2024:
- The median value for Houses in Botanic Ridge is $910,065 while the median value for Units is $575,217.
- Houses have a median rent of $625 while Units have a median rent of $500.
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