All About Fraser Rise, Melton, VIC, 3336

Fraser Rise, situated in the Melton region of Victoria, has emerged as a promising suburb within the broader landscape of Melbourne’s expanding housing market. This area has seen a surge in development owing to its strategic location and affordability compared to more central parts of Melbourne, making it an attractive option for families and first-home buyers. Over the last few years, the housing market in Fraser Rise has been characterized by a steady increase in demand, leading to a gradual rise in property values. The suburb offers a variety of housing options, from modern townhouses to spacious family homes, catering to diverse buyer needs. Additionally, ongoing infrastructure developments and planned amenities promise to further enhance its appeal, with convenient access to transportation links, educational institutions, and green spaces.

Living in Fraser Rise provides residents with a balanced lifestyle that combines suburban tranquility with the conveniences of urban living. The suburb is part of a burgeoning community that values connectivity and the outdoors, underlined by its well-planned parks and recreational facilities. Its proximity to established hubs like Caroline Springs and Taylors Hill ensures that residents have access to a range of shopping, dining, and entertainment options while enjoying the quieter streets and family-friendly environment of Fraser Rise itself. The growing community is known for its diversity and vibrant local culture, making it a welcoming place for newcomers. With schools and community centers increasingly filling the landscape, families find it a nurturing place to settle down, contributing to Fraser Rise's reputation as a sought-after locale for those seeking growth and a sense of community.

Fraser Rise Real Estate Market Outlook

Thinking about buying in Fraser Rise? Now could not be a better time, with 8730 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $769,000 with prices in this suburb ranging from $331,000 to $1,437,000. The aproximate distance to the coast is 18 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Fraser Rise ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Fraser Rise classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Fraser Rise requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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