Homewise logoHomewise
Back to Suburb Insights

Botany Suburb Insights

VIC
Location Information

Suburb Name

Botany, VIC

Distance from CBD

15.9 km
Demographics

Population

10,817

Median Income

$46,800

Area Information

Area

3.21 km²

Population Density

3370 people/km²

Property Market

Median Price

$456,860

Annual Growth

+7.6%
Property Price Trend Analysis

Current Median Price

$456,860

Annual Growth

+7.6%

Quarterly Growth

+1.4%

Price Trends - Last 6 Months

2024-01

$961,116

+6.4%
2024-02

$638,390

+9.1%
2024-03

$666,331

+9.5%
2024-04

$987,282

+11.5%
2024-05

$858,476

+18%
2024-06

$1,028,667

+9.6%
Property Type Price Analysis
House

Median Price

$1,460,939

Growth Rate

+5.5%

Available Listings

404 properties

Apartment

Median Price

$634,988

Growth Rate

+16%

Available Listings

218 properties

Townhouse

Median Price

$772,915

Growth Rate

+6.1%

Available Listings

299 properties

Investment Potential Assessment
Investment Advantages
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy