Lot S2602 16 Fairmont Cres, Fraser Rise VIC

Fraser Rise, Melbourne, VIC, 3336

$ 799,900

Fraser Rise, Melbourne, VIC, 3336
Lot S2602 16 Fairmont Cres, Fraser Rise VIC-0
Lot S2602 16 Fairmont Cres, Fraser Rise VIC-1
Lot S2602 16 Fairmont Cres, Fraser Rise VIC-2
Lot S2602 16 Fairmont Cres, Fraser Rise VIC-3

Property Images

Lot S2602 16 Fairmont Cres, Fraser Rise VIC-0 Lot S2602 16 Fairmont Cres, Fraser Rise VIC-1 Lot S2602 16 Fairmont Cres, Fraser Rise VIC-2 Lot S2602 16 Fairmont Cres, Fraser Rise VIC-3
  • Co living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 173

Details

Updated on Aug 13, 2026

Property Type: Co living
Secondary Type: Rental Guarantee
Price: $ 799,900
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 800
Gross Per Annum: $ 41,600
Gross Yield: 5.2%
Capital Growth 12 Months: 4.53%
10Yr Annualised Growth: N/A
Vacancy Rate: 0.14%
Property Size: 173 m2
Land Area: 168 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: Completed
Property ID: 29980
SKU: 1032
Sold: Aug 13, 2026

Description

Positioned in the sought-after suburb of Fraser Rise, this Co-living offers a forward-looking investment opportunity. With 3 bedrooms, 3 bathrooms and 1 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, It's well suited for future-ready buyers. A property that offers both confidence and opportunity.


Suburb profile:

Fraser Rise offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.


Inclusions:

  • Full turnkey package
  • Landscaping front and rear
  • Quality flooring throughout
  • Window coverings
  • 2590 ceilings throughout
  • Stone benchtops
  • Split system to living room
  • LED downlights throughout
  • Stainless steel appliances
  • Driveway and paths
  • Letter box and clothes line
  • Furniture pack (50% included)

With its strong rental appeal and long-term growth prospects, this Co-living in Fraser Rise is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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: Co-Living: The Future of Australian Housing.

Floor plans

floor_plan.png
Address Lot S2602 16 Fairmont Cres, Fraser Rise VIC
City Melbourne
State VIC
Postcode 3336
Suburb Fraser Rise
Estate Aspire

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ENQUIRE ABOUT THIS PROPERTY

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  • Investor or SMSF.
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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.

SMSF Single Contract

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