OFF MARKET

164 Saric Street
Fraser Rise VIC 3336

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 608m2
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Property Details for 164 Saric St, Fraser Rise

Building Type
Land
Land Size
608m2
Local Government
Melton
Lot/Plan
1601/PS900897

Last Listing description (May 2023)

Bal Real Estate Proudly presents You this great opportunity to build your dream home, on this beautiful 14 frontage 606 sqm block of land in the highly sought after Westwood Walk estate in Fraser Rise.

A highly prized residential estate success for the City of Melton, Westwood Fraser Rise, a project by Dahua Group Australia is pleased to announce the Westwood Place precinct has commenced construction.

Following the success of Westwood Walk, Westwood Place, which sits adjacent to the original Westwood Walk, is the second precinct of Westwood's land estate within one of Victoria's largest growth corridors located in the newly developed and rapidly expanding suburb of Fraser Rise.

Having officially turned soil on Thursday, March 3, 2022, Dahua Group, alongside RPM Group and Winslow Constructors were joined by builder partners and industry representatives to mark this significant and highly anticipated occasion for the growing Westwood community.

Working alongside some of Australia's most reputable builders, the 103.45 ha Westwood project is one of the largest master-planned communities in Victoria's northwest, featuring two unique precincts, Westwood Walk, and Westwood Place. Combined, both precincts will have an estimated total of 1,650 lots.

To further encourage social interactions and grow a strong, flourishing community, the two distinct precincts are seamlessly connected by a central community park, sporting reserve, Prep to Year 12 school, with the future Plumpton Town Centre conveniently located directly to the north. The combination of Westwood Walk and Westwood Place further encourages a truly diverse community, with a home to suit every budget and lifestyle.

As Melbourne's North-West remains one of the fastest-growing regions in Australia, the additional 672 residential lots in the expanded Westwood masterplan will address the significant growth in population that the Fraser Rise area has observed over the past few years.

With local jobs and infrastructure well on the way, Westwood offers its residents a harmoniously balanced lifestyle of convenience, choice, and connection.

All within 36 minutes from Melbourne's CBD, Westwood Fraser Rise has been thoughtfully planned to be a walkable neighborhood, offering residents quality amenities including parklands, walking, and cycling tracks.

Westwood Walk residents are proudly seeing the estate maturing into a warm and welcoming community, with many families enjoying the recently completed Westwood Walk Park which features an array of play equipment and a communal BBQ area.

"After a challenging two years, we're so pleased to see the Westwood Place precinct of the Westwood Fraser Rise project commence construction. We are grateful that our development team at Dahua Group Australia uses reliable builders, having observed the Westwood Walk construction completed ahead of schedule, and look forward to watching the two neighborhoods grow and unite as a whole community."

Westwood Place will feature a collection of premium house and land packages, as well as low maintenance townhouses each awash in natural light and contemporary finishings to suit all lifestyles, first home buyers, and growing families.

It is an address perfectly positioned for convenience and growth. A place where you will take pride in your community and where your neighbours will become your friends.

An opportunity like this is rare to come by and will not last long! . To be a part of this exciting experience, living a balanced and active lifestyle at Westwood Walk Estate, please call Bal on 0413 870 550 or Kamal on 0469332699 to find out more!

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklis

Property History for 164 Saric St, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$537,000
01 Jun 2022
  • 08 Feb 2023
    Listed for Sale Contact Agent
  • 01 Jun 2022
    Sold for $537,000

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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 9,385 properties. Over the last 5 years, Houses in Fraser Rise have seen a 17.92% increase in median value, while Units have seen a 2.12% increase. As at 31 December 2024:

  • The median value for Houses in Fraser Rise is $734,840 while the median value for Units is $579,071.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 110 properties listed for sale, and 28 properties listed for rent in Fraser rise on OnTheHouse. According to CoreLogic's data, 598 properties were sold in the past 12 months in Fraser rise.

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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.