Lot 3011 Slavko Drive, Fraser Rise VIC

Fraser Rise, Melton, VIC, 3336

$ 835,650

Fraser Rise, Melton, VIC, 3336
Lot 3011 Slavko Drive, Fraser Rise VIC-0
Lot 3011 Slavko Drive, Fraser Rise VIC-1
Lot 3011 Slavko Drive, Fraser Rise VIC-2
Lot 3011 Slavko Drive, Fraser Rise VIC-3
Lot 3011 Slavko Drive, Fraser Rise VIC-4

Property Images

Lot 3011 Slavko Drive, Fraser Rise VIC-0 Lot 3011 Slavko Drive, Fraser Rise VIC-1 Lot 3011 Slavko Drive, Fraser Rise VIC-2 Lot 3011 Slavko Drive, Fraser Rise VIC-3 Lot 3011 Slavko Drive, Fraser Rise VIC-4

Overview

Property ID: LA-16552

  • Co-Living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Jul 31, 2025 at 03:31 pm

Property Type: Co-Living
Price: $ 835,650
Land Price: $ 446,900
Build Price: $ 388,750
Gross Per Week: $ 1,303
Gross Per Annum: $ 67,756
Gross Yield: 8.11%
Capital Growth 12 Months: -0.70%
Capital Growth 10 Year Annualised: N/A
Vacancy Rate: 10.96%
Property Size: 205 m2
Land Area: 400 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: July 2025
Property ID: 16552
SKU: 1029

Description

This co-living property in Fraser Rise VIC offers a high-spec, fully turnkey investment opportunity in the Aspire Estate. Featuring 5 bedrooms, 5 bathrooms, and a 2-car garage, this property spans 205m² of house space on a 400m² block. It includes premium upgrades, 7-star energy rating, and comes complete with landscaping, fencing, driveway, and appliances—ideal for long-term yield-focused investors. Title is expected July 2025.

Suburb profile:

Fraser Rise is a fast-growing suburb located in Melbourne’s western growth corridor, within the City of Melton. With easy access to Caroline Springs, public transport, and shopping amenities, it is an emerging hotspot for families and young professionals. Its appeal is driven by new infrastructure, quality schools, and proximity to major roads like Melton Highway and the Western Freeway. Fraser Rise continues to show strong growth potential for investors seeking affordability and lifestyle.


Inclusions:

  • 100% full turnkey package
  • Landscaping to front and rear
  • Timber fencing, driveway, letterbox, clothesline
  • 2590mm ceiling height
  • 900mm stainless steel appliances
  • Blinds and flyscreens included

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed site costs including rock excavation
  • Engineered waffle slab
  • Two-part termite treatment
  • All service connections (excluding account openings)

Internal Inclusions:

  • Laminate flooring to living and hallways
  • Tiles to wet areas
  • Carpet to bedrooms
  • 20mm Caesarstone benchtops throughout
  • LED downlights and power points throughout
  • Window furnishings (blinds and roller shades)

External Inclusions:

  • Brick veneer with painted infills
  • Concrete roof tiles
  • Colorbond fascia, gutter and downpipes
  • Color-through concrete driveway and porch

Landscaping Inclusions:

  • Turf, mulch, and plantings to front and rear
  • Irrigation with tap timers
  • Compacted paths around perimeter
  • Nature strip levelled and seeded

Electrical Inclusions:

  • Hardwired smoke detectors
  • 2 TV points, 2 phone points, 1 TV antenna
  • External LED floodlight with sensor

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm canopy rangehood
  • Stainless steel dishwasher
  • Double bowl kitchen sink
  • Split system air conditioning
  • Gas ducted heating

Energy Efficiency:

  • 7-star energy rating
  • Solar hot water with gas booster
  • Wall and ceiling insulation
  • Self-sealing and externally vented exhaust fans

Warranties:

  • 10-year structural warranty
  • 3-month maintenance period
  • Homeowner warranty

This co-living property offers a compelling opportunity for investors seeking a high-yield, low-risk real estate asset in one of Melbourne’s strongest growth corridors.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 3011 Slavko Drive, Fraser Rise VIC
City Melton
State VIC
Postcode 3336
Suburb Fraser Rise

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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.

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