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Sold on 26 Mar 2024 for $620,000

43 Modena Road
Fraser Rise VIC 3336

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 241m2
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Property Details for 43 Modena Rd, Fraser Rise

43 Modena Rd, Fraser Rise is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 241m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Fraser Rise in the last 12 months.

Building Type
House
Land Size
241m2
Local Government
Melton
Lot/Plan
201/PS813255

Last Listing description (March 2024)

Convenience is paramount in Fraser Rise, with essential amenities within arm's reach. Families will appreciate the proximity to esteemed educational institutions like Springside West Secondary College, ensuring a quality education for the younger generation. Local shops, including the convenience of an IGA, cater to daily needs, fostering a strong sense of community engagement.

For more extensive shopping excursions or leisure pursuits, the nearby shopping centers of Watergardens and CS Square offer a diverse array of retail outlets and entertainment options. Transport connectivity is seamless, facilitating easy access to the wider city and beyond. Whether commuting to work or exploring the surrounding areas, residents can rely on efficient transport options to navigate their way effortlessly. For investors, Fraser Rise presents an enticing opportunity, with property prices steadily on the ascent.

The suburb's growing popularity, coupled with its desirable features and amenities, underscores its investment potential for the discerning investor. In essence, Fraser Rise encapsulates the essence of suburban living at its finest a seamless blend of natural beauty, modern comforts, and promising investment prospects. Seize the opportunity to make this vibrant community your home before it's too late!


Features Include:
• Master bedroom showcasing a walk-in wardrobe, balcony and ensuite with floor to ceiling tiles, stone bench top and quality fittings
• Additional three spacious bedrooms with built-in wardrobes
• Front theatre room
• The open plan kitchen is located perfectly to incorporate the meals and family space
• Kitchen complete with ample cupboard space, walk in butlers pantry, 20mm caeser stone bench tops, stainless steel appliances including free standing 900mm gas cooktop, electric oven, in built microwave, rangehood and double sink
• Central bathroom with bathtub, floor to ceiling tiles, stone bench top and quality fittings
• Upstairs living retreat
• Two reverse cycle split system units, high ceilings, three toilets including downstairs powder room and under stairs storage space
• Outdoor alfresco with low maintenance gardens
• Solar panels, double block out blinds, security cameras
• Single car garage on remote with internal access
• The potential rental income is $27,636.00 per annum ($530pw) with always a strong demand for this location.

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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 43 Modena Rd, Fraser Rise, VIC 3336

A timeline of how this property has performed in the market
Last Sold
$620,000
26 Mar 2024
Listed for Rent
$540/w
07 Aug 2024
  • 14 Jun 2024
    Listed for Rent $540 / week
  • 07 Mar 2024
    Sold for $620,000
  • 27 Feb 2024
    Listed for Sale SOLD $620,000
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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 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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Stephen Azzopardi
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Andrew Migliorisi
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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.