Lot 418 - Masall - Fraser Rise

Description

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Fraser Rise is a modern, family-focused suburb about 24 km northwest of Melbourne’s CBD within the City of Melton. Officially gazetted in 2017, it has rapidly grown to around 9,097 residents by the 2021 census, with projections indicating substantial growth ahead .

The suburb is anchored by the Fraser Rise Children’s & Community Centre—a $6.5 million facility featuring kindergarten spaces, maternal & child health services, multipurpose rooms and outdoor play zones . Residents enjoy a generous network of parks, trails along Edgars and Kororoit Creeks, plus sports hubs like City Vista Recreation Reserve, home to Caroline Springs George Cross FC .

While Fraser Rise lacks a central retail precinct, it's well-situated near larger centers. Caroline Springs Town Centre, Watergardens, Taylors Hill Village, and nearby Plumpton Shopping offer supermarkets, cafes, healthcare, gyms, and entertainment.

Primary education isn’t yet within suburb boundaries, but a new government primary school is expected to open by 2026. Secondary education is covered by Springside West Secondary College (Years 7–12). Nearby suburbs host several primary and private schools like Southern Cross Grammar and St George’s Primary.

Fraser Rise remains car-centric, with easy access to the Melton Highway, Calder and Western Freeways for commuting. CDC Melbourne runs a bus linking Fraser Rise to Watergardens and Caroline Springs stations, each offering train services into Melbourne9. However, traffic overflow onto residential streets has been flagged as a concern

• Property Type: House and Land
• Property Stage:
• Price: $ 723,500.00
• Land Price: $ 362,500.00
• Build Price: $ 361,000.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Sereno
• Completion: N/A
• Land Size: 294
• Area Size: 173.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 540.00
• Est. Body Corp.: N/A
• Title Status: Q1 2026
• Gross Per Week: $ 540.00
• Gross Per Annum: $ 28,080.00
• Gross Yield: 3.88%
• Capital Growth 12 Months: -2.22%
• Capital Growth 10 Year Annualised: N/A
• Vacancy Rate: 8.93%