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Sold on 11 Oct 2024 for $680,000

31 Serra Way
Fraser Rise VIC 3336

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 267m2
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Property Details for 31 Serra Way, Fraser Rise

31 Serra Way, Fraser Rise is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 267m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Fraser Rise in the last 12 months.

Building Type
House
Land Size
267m2
Local Government
Melton
Lot/Plan
428/PS711654

Last Listing description (October 2024)

Proudly standing on a low maintenance professional landscaped block in one of Fraser Rise' most popular area, this home greets you by its high ceilings drawing in an abundance of natural light, you receive an immediate impression of style. This impeccable home has no wasted space, promotes simple living & will instantly impress any couple, first home buyer, investor or retiree looking to downsize.

Features Include:
• Two master bedrooms (one upstairs and one downstairs) both showcasing a walk-in wardrobe and ensuite

• Additional two spacious bedrooms with walk-in wardrobes
• Upstairs study nook
• The open plan kitchen is located perfectly to incorporate the meals and family area allowing ample space for entertaining
• Kitchen complete with first class stainless steel appliances, 900mm gas cook top, electric oven, dishwasher, double sink, caeser stone bench tops, walk-in pantry and ample cupboard space
• Central bathroom with bathtub
• Ducted heating, evaporative cooling, 2.7m high ceilings, three toilets including downstairs powder room, alarm system and video surveillance
• Polished hardwood timber floorboards
• Outdoor pergola area
• Double car garage on remote with internal and drive though access
• The potential rental income is $28,680.00 per annum or $550.00 per week (approximately) with always a strong demand for this desired location

You will be spoilt for choice with the location being so close to gorgeous park lands, quality primary and secondary schools, local shops, transport facilities, nearby train station, Caroline Springs Town Centre and is sure not to last long!

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DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent/agency. Garden images are artist's impression and are for illustrative purposes only.

Property History for 31 Serra Way, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$680,000
11 Oct 2024
Listed for Rent
$450/w
08 May 2018
  • 26 Sep 2024
    Sold for $680,000
  • 19 Aug 2024
    Listed for Sale SOLD $680,000
  • 26 Mar 2020
    Sold for $555,000
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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 9,365 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 29 properties listed for rent in Fraser rise on OnTheHouse. According to CoreLogic's data, 523 properties were sold in the past 12 months in Fraser rise.

Suburb Insights for Fraser Rise 3336

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Andrew Migliorisi
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Stephen Azzopardi
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YPA Estate Agents Caroline Springs
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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.