Lot 212 - Clara Place - Fraser Rise

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Fraser Rise is a developing suburb located in the western part of Melbourne, Victoria, Australia.Approximately 25 kilometers west of Melbourne's central business district.The suburb predominantly features modern, new-build homes. It's a popular area for young families and professionals due to the availability of affordable housing in comparison to the inner suburbs.

Fraser Rise is planned with several green spaces and recreational areas to promote a family-friendly lifestyle. The suburb is close to major parks such as the nearby Caroline Springs and Taylors Hill parks.While Fraser Rise is still developing its own retail precincts, it benefits from proximity to established suburbs like Caroline Springs, which offer shopping centers, cafes, and restaurants.There are a number of schools nearby, including both public and private institutions. New educational facilities are expected to develop as the suburb grows.

While Fraser Rise is not directly serviced by a train station, it has access to bus routes that connect to nearby stations like Watergardens and Caroline Springs. Residents rely heavily on driving, with major roads like Melton Highway providing access to the city.

• Property Type: House and Land
• Property Stage:
• Price: $ 772,000.00
• Land Price: $ 400,000.00
• Build Price: $ 372,000.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: 1
• Floor Plan: Lucca
• Completion: N/A
• Land Size: 350
• Area Size: 206.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 540.00
• Est. Body Corp.: N/A
• Title Status: Q4 2025
• Gross Per Week: $ 540.00
• Gross Per Annum: $ 28,080.00
• Gross Yield: 3.64%
• Capital Growth 12 Months: -2.22%
• Capital Growth 10 Year Annualised: N/A
• Vacancy Rate: 8.93%