Botany 2019 - New South Wales

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Botany is a suburb in south-eastern Sydney, located 10 kilometres south of the Sydney central business district and is part of the City of Botany Bay. Botany sits on the northern shore of Botany Bay, east of Sydney Airport. Botany is adjacent to the suburbs of Mascot, Banksmeadow and Pagewood.

Botany Bay is where Captain James Cook first landed on 29th April 1770, when navigating his way around Australia on his ship, the Endeavour. The ship's English botanist Joseph Banks and Swedish assistant botanist Daniel Solander, spent several days on shore collecting vast numbers of specimens, that were previously unknown. Cook's journals first referred to the bay as Sting Rays' Harbour, then later Botanist Bay and finally both these names were crossed out and replaced with Botany Bay. The suburb name comes from the bay it stands on.

Botany is the site of Sydney's major port and as such, is a suburb with extensive commercial development centred on shipping and freight.

Latest Market Price in Botany

The median house price in Botany has dropped -9% from $652,000 in the 6 months to June 2008 to $590,000 in the 6 months to December 2008. The long term trend for house prices in Botany over the last 10 years is +5.6% per annum.

The median unit price in Botany for the same period has risen 6% from $450,000 to $475,000. The long term trend for unit prices in Botany over the last 10 years is +1.9% per annum.

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