Lot 7 - Viridian Estate - Fraser Rise
Fraser Rise, Melbourne, VIC, 3336$ 788,800
- Commercial
- Property Type
- N/A
- Bedrooms
- 1
- Bathrooms
- 2
- Cars
- 136
Details
Updated on Sep 14, 2026
| Property Type: | Commercial |
|---|---|
| Secondary Type: | FIRB SMSF |
| Price: | $ 788,800 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 470** |
| Gross Per Annum: | $ 24,440 |
| Gross Yield: | 3.1% |
| Capital Growth 12 Months: | 4.53% |
| 10Yr Annualised Growth: | N/A |
| Vacancy Rate: | 14.42% |
| Property Size: | 136 m2 |
| Land Area: | N/A |
|---|---|
| Bedrooms: | N/A |
| Bathrooms: | 1 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 37714 |
| 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 young, fast-growing suburb located about 24 km northwest of Melbourne’s CBD in the City of Melton. Gazetted in 2017 from part of Plumpton, it now has a population of around 9,100 (2021 census) and is projected to grow considerably in the coming decades.
The community in Fraser Rise is largely made up of young families, with many households having over three people on average. Barry Plant It’s quite multicultural and has a median age in the early 30s.In terms of infrastructure, Fraser Rise is currently quite car-dependent. There is limited public transport: a single bus route links the suburb to Watergardens and Caroline Springs train stations. Major roads like the Calder Freeway and Melton Highway provide driving access to Melbourne.
For education, there’s no primary school yet within the suburb, though one is planned for 2026. Secondary students go to Springside West Secondary College (Years 7–12)One of Fraser Rise’s strengths is its affordability and appeal to young families, but it does face growing pains: public transport is limited, and local amenities are still catching up to the rapid population growth. That said, its long-term potential is strong, especially for people looking to invest or settle in a newly developed, community-oriented suburb.
Address
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- Investor or SMSF.
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.
SMSF Single Contract