Lot 913 - Monument - Fraser Rise

Description

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Fraser Rise is a rapidly developing suburb located approximately 24 kilometers northwest of Melbourne's Central Business District. Established in 2017 after being carved out from the larger Plumpton area, it falls under the jurisdiction of the City of Melton and had a population of 9,097 as of the 2021 census .

The suburb is characterized by its family-friendly atmosphere, featuring modern housing estates, open green spaces, and a growing array of amenities. It's particularly appealing to young families and first-time homebuyers seeking a balance between suburban tranquility and accessibility to urban conveniences .

In terms of local amenities, Fraser Rise offers several parks and recreational facilities, including the City Vista Recreation Reserve, which serves as the home ground for the Caroline Springs George Cross FC soccer team . The Fraser Rise Children's & Community Centre provides integrated services such as maternal and child health programs 

For shopping needs, residents have access to nearby retail hubs like Caroline Springs Square Shopping Centre and Watervale Shopping Centre, which offer a variety of supermarkets, specialty stores, cafes, and dining options .

Educational facilities in Fraser Rise are expanding to accommodate the growing population. Currently, the suburb hosts Springside West Secondary College, catering to students from Year 7 to Year 12 . A new government primary school is projected to open in 2026, and there are several other schools in neighboring suburbs, including Southern Cross Grammar and Deanside Primary School .

Transportation options are developing alongside the suburb's growth. Fraser Rise is primarily car-dependent, with the Melton Highway and Calder Freeway providing direct routes to Melbourne's CBD. Public transport is available via a bus route that connects Fraser Rise to Watergardens Station and Caroline Springs, facilitating access to train services

• Property Type: House and Land
• Property Stage:
• Price: $ 634,540.00
• Land Price: $ 300,000.00
• Build Price: $ 334,540.00
• Beds: 4
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Prato
• Completion: N/A
• Land Size: 213
• Area Size: 151.50
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 540.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 540.00
• Gross Per Annum: $ 28,080.00
• Gross Yield: 4.43%
• Capital Growth 12 Months: -2.22%
• Capital Growth 10 Year Annualised: N/A
• Vacancy Rate: 8.93%