FOR SALE
$450,000 - $470,000

8 Prunus Crescent
Fraser Rise VIC 3336

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 448m2
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Prime Land Opportunity In Botania Estate

Introducing 8 Prunus Crescent, a blank canvas ready for your dream Home. Nestled in the vibrant Botania Estate community, this expansive 448m² (approx) plot of land offers an outstanding opportunity to create your ideal living space or embark on a savvy investment venture.
Located in Melbourne's thriving western suburbs, Fraser Rise provides an abundance of essential amenities right at your fingertips. Benefit from the convenience of esteemed educational institutions such as Springside Primary and Springside West Secondary Schools, ensuring a top-tier education for your family. With seamless access to major thoroughfares like Melton Highway and the Western Freeway, commuting becomes effortless, enhancing your daily lifestyle.
Immerse yourself in a lively retail scene with numerous shopping centers nearby, offering a diverse range of retail options to suit your needs. Positioned just 25km from Melbourne's city center and a comfortable 27km from Melbourne Airport, this location strikes the perfect balance between urban accessibility and suburban tranquility.
Don't let this opportunity slip away – whether you're envisioning a family sanctuary or a lucrative investment property, seize this moment to shape your future.
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Property Details for 8 Prunus Cres, Fraser Rise

Building Type
Land
Land Size
448m2

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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.

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