SOLD
Sold on 15 Feb 2024 for $355,000

16 Sherry Circuit
Fraser Rise VIC 3336

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 348m2
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Property Details for 16 Sherry Cct, Fraser Rise

Building Type
Land
Land Size
348m2
Local Government
Melton
Lot/Plan
519/PS842479

Last Listing description (April 2024)

One Agency Property Partners and Sahil Saran proudly presents an exceptional chance to construct your ideal home or make a lucrative investment in one of Melbourne's rapidly growing Western Suburbs.

This 348m2 (approx.) titled land offers a blank canvas for your vision. Positioned in a family-friendly locale near various amenities, schools, and local attractions, the property holds vast potential. Seize the opportunity to claim this piece of suburban paradise, promising a location that guarantees substantial returns on your efforts and investments. The proximity to a proposed major town centre, Aquatic Centre, P-12 School, and Sporting Reserve enhances the allure.

This incredible opportunity is not to be overlooked.

DISCLAIMER: The dimensions provided are approximate. The details are for general information purposes only and do not constitute a representation by the vendor or agent.

Property History for 16 Sherry Cct, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$355,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $355,000
  • 14 Dec 2023
    Listed for Sale Not Disclosed
  • 20 Jun 2021
    Sold for $306,000
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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 9,399 properties. Over the last 5 years, Houses in Fraser Rise have seen a 21.97% increase in median value, while Units have seen a 22.20% increase. As at 30 September 2024:

  • The median value for Houses in Fraser Rise is $736,996 while the median value for Units is $571,712.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 135 properties listed for sale, and 25 properties listed for rent in Fraser rise on OnTheHouse. According to CoreLogic's data, 491 properties were sold in the past 12 months in Fraser rise.

Suburb Insights for Fraser Rise 3336

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One Agency Property Partners
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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.