Lot 2141 Racecourse Road, Fraser Rise VIC

Fraser Rise, Melbourne, VIC, 3336

$ 804,969

Fraser Rise, Melbourne, VIC, 3336
Dual Occupancy Investment Property in Fraser Rise, VIC (5.81% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Fraser Rise, VIC (5.81% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1
  • Cars
  • 188

Details

Updated on Sep 22, 2026

Property Type: Dual Occupancy
Price: $ 804,969
Land Price: $ 384,200
Build Price: $ 420,769
Gross Per Week: $ 900**
Gross Per Annum: $ 46,800
Gross Yield: 5.81%
Capital Growth 12 Months: 4.53%
10Yr Annualised Growth: N/A
Vacancy Rate: 14.42%
Property Size: 188 m2
Land Area: 294 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1
Title Status: Q2 2026
Property ID: 32005
SKU: 1073

Description

This modern Dual Occupancy in Fraser Rise delivers a compelling opportunity for both investors and homeowners. Featuring 3+2 bedrooms, 2+1 bathrooms and 1 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.


Suburb profile:

Fraser Rise is a fast growing suburb known for peaceful streets, new estates and access to Caroline Springs amenities. Families enjoy nearby schools, local parks and community facilities that support an active lifestyle. Continued development enhances convenience and long term appeal. Transport links provide smooth access across the western corridor. Investors see Fraser Rise as a high potential area with strong growth prospects.


Inclusions:

  • 100% Fixed Site Costs including up to P1 Class Slab and Piering Rock Excavation & Removal
  • All-Electric Home 7-Star Energy Rating
  • 10 Year Structural Warranty
  • 2590mm Ceiling Height
  • Colorbond Roof
  • 20mm Stone Benchtops to Kitchen, Bathroom, Ensuite and Laundry
  • Cabinetry to Kitchen including above Refrigerator
  • Elegant Free-Standing Bath and Designer Basins/Tapware
  • Extended 2000mm Semi-Frameless Shower with Tiled Base
  • Front/Side/Rear Landscaping
  • Full-Share Fencing
  • Concrete Driveway & Porch
  • Letterbox & Clothesline
  • 5.0kw Split System Air-Conditioner to Family/Living Area
  • Block out Blinds to All Windows
  • Flyscreens to all openable windows
  • Stainless Steel Modern Inbuilt Cooktop & Oven with Canopy Rangehood Dishwasher
  • NBN Connection & Community Infrastructure Levy (CIL)
  • Complementary Independent Building Inspections
  • All Developer Requirements including Recycled Water, Rainwater Tanks, Eaves, BAL 12.5, Façade Requirements & Corner Treatment where required

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.

Floor plans

Dual Occupancy Investment Property in Fraser Rise, VIC (5.81% Yield) | Aus Investment Properties - Floor Plan 1
Address Lot 2141 Racecourse Road, Fraser Rise VIC
City Melbourne
State VIC
Postcode 3336
Suburb Fraser Rise
Estate Westwood Walk Estate

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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.

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