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Lot 1536 - Westwood Walk - Fraser Rise
Fraser Rise, Melbourne, VIC, 3336$ 650,294
Overview
Property ID: LA-13965
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 137
Details
Updated on May 23, 2025 at 12:06 pm
Property Type: | House and Land |
---|---|
Price: | $ 650,294 |
Land Price: | $ 314,000 |
Build Price: | $ 336,294 |
Gross Per Week: | $ 480 |
Gross Per Annum: | $ 24,960 |
Gross Yield: | 3.84% |
Capital Growth 12 Months: | -0.70% |
Capital Growth 10 Year Annualised: | N/A |
Vacancy Rate: | 10.96% |
Property Size: | 137 m2 |
Land Area: | 239 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 2 |
Parking: | 1 |
Title Status: | November 2025 |
Property ID: | 13965 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Fraser Rise is a rapidly developing suburb located approximately 24 kilometers northwest of Melbourne's Central Business District, within the City of Melton. Established in 2017 after being carved out from the larger Plumpton area, Fraser Rise has quickly become a sought-after destination for families, first-home buyers, and investors seeking a balance between suburban tranquility and urban convenience.
The suburb offers a range of local amenities that cater to its growing population. The Fraser Rise Children’s & Community Centre serves as a hub for community engagement, providing maternal and child health services, kindergarten programs, and various activities for all age groups . For recreational pursuits, residents can enjoy the City Vista Recreation Reserve, which hosts the Caroline Springs George Cross FC, a soccer club competing in Division 1 of the Victorian Premier League . Additionally, the suburb is in proximity to several parks and green spaces, offering ample opportunities for outdoor activities.
While Fraser Rise itself is still developing its commercial infrastructure, residents have convenient access to shopping centers in neighboring suburbs. Caroline Springs Square and Watergardens Town Centre are both approximately 15 minutes' drive away, providing a wide array of retail stores, supermarkets, dining options, and entertainment facilities.
Education is a focal point in Fraser Rise's development. Currently, the suburb is home to Springside West Secondary College, a co-educational school catering to students from Year 7 to Year 12 . While there are no primary schools within Fraser Rise at present, a new government primary school is projected to open in 2026, enhancing the suburb's educational offerings . In the meantime, families can access primary education in nearby suburbs such as Hillside, Taylors Hill, and Deanside.
Transportation in Fraser Rise is primarily car-dependent, with the suburb benefiting from its proximity to major roadways. The Melton Highway runs along the northern boundary, connecting to the Calder Freeway, while the Western Freeway is accessible to the south, facilitating commutes to Melbourne's CBD and other regions . Public transport options include a bus route operated by CDC Melbourne, linking Fraser Rise to Watergardens Station and Caroline Springs, providing residents with access to train services and broader public transport networks
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.