FOR SALE
$399,999

Contact Agent For Address
Fraser Rise VIC 3336

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Land area: 451m2
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Prime Corner Block in Fraser Rise – Build Your Dream Home or Invest Today

Discover the incredible potential of Lot 111 Olive Tree Grove in the prestigious Masall Estate, Fraser Rise. This prime west-facing corner block offers a generous 451 sqm, perfect for building your dream double-story home. You can secure this property now with just a 5% deposit.
Situated in a highly sought-after location, you'll benefit from proximity to quality schools such as Springside West Secondary College and Fraser Rise Primary School. Shopping is a breeze with Watervale Shopping Centre and Caroline Springs Square nearby, offering plenty of retail and dining options. For outdoor enthusiasts, nearby parks, walking trails, and recreational facilities provide the perfect balance for an active lifestyle.
The excellent transport links make commuting easy, connecting you to the wider Melbourne area in no time. Whether you're planning to build your forever home or make a smart investment, this massive block provides the perfect foundation for your future. Don’t miss this exceptional opportunity in one of Melbourne's most promising suburbs!
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Property Details for Contact Agent For Address, 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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Mikhail Teklu
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First National Real Estate Westwood
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Disclaimer
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.