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Olive Tree Grove
Fraser Rise VIC 3336

Bedrooms: -
Bathrooms: -
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Land area: 451m2
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Prime Corner Block of Land in Fraser Rise - Nomination Sale MUST SELL!!!

Karan Arya (Kay) - Reliance Real Estate proudly presenting Lot 111 Olive Tree Grove, Fraser Rise
Size: 451 sqm
Orientation: West-facing
Status: Untitled, with settlement flexible until late September
Discover the potential of this prime corner block in the prestigious Masall Estate, offering a generous 451 sqm of space, perfect for building your dream double-story home.
Key Features:
- Massive Potential: Ideal for constructing a spacious double-story residence, tailored to your lifestyle and preferences.
- Flexible Settlement: Secure this property now with just a 5% deposit, and enjoy the convenience of a flexible settlement until late September.
Nearby Amenities:
- Education: Benefit from the close proximity to quality schools like Springside West Secondary College and Fraser Rise Primary School.
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Property Details for Olive Tree Gr, Fraser Rise

Building Type
Land
Land Size
451m2

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About Fraser Rise 3336

The size of Fraser Rise is approximately 10.4 square kilometres. It has 9 parks covering nearly 1.2% of total area. The population of Fraser Rise in 2011 was 417 people. By 2016 the population was 4,331 showing a population growth of 938.6% in the area during that time. The predominant age group in Fraser Rise is 30-39 years. Households in Fraser Rise are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fraser Rise work in a professional occupation. In 2011, 80.3% of the homes in Fraser Rise were owner-occupied compared with 85.5% in 2016.

Fraser Rise has 9,365 properties. Over the last 5 years, Houses in Fraser Rise have seen a 20.46% increase in median value, while Units have seen a 17.40% increase. As at 31 October 2024:

  • The median value for Houses in Fraser Rise is $736,482 while the median value for Units is $566,027.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 136 properties listed for sale, and 30 properties listed for rent in Fraser rise on OnTheHouse. According to CoreLogic's data, 521 properties were sold in the past 12 months in Fraser rise.

Suburb Insights for Fraser Rise 3336

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Karan Arya (Kay)
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RELIANCE REAL ESTATE MELTON
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.